Liontrust Asset Management (LON:LIO) Issues Quarterly Earnings Results

Liontrust Asset Management (LON:LIO) announced its quarterly earnings results on Wednesday. The company reported GBX 15.40 EPS for the quarter, Digital Look Earnings reports. The firm had revenue of £134.38 million during the quarter. Liontrust Asset Management had a net margin of 8.31% and a return on equity of 10.12%.

Liontrust Asset Management Stock Performance

Shares of Liontrust Asset Management stock opened at GBX 330 on Wednesday. The company has a debt-to-equity ratio of 0.76, a current ratio of 1.35 and a quick ratio of 1.35. The firm has a 50 day simple moving average of GBX 283.21 and a 200 day simple moving average of GBX 262.80. Liontrust Asset Management has a fifty-two week low of GBX 221.88 and a fifty-two week high of GBX 419.50. The firm has a market cap of £197.30 million, a P/E ratio of 16.48, a P/E/G ratio of -1.70 and a beta of 1.45.

Insider Transactions at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol acquired 2,043 shares of the company’s stock in a transaction on Tuesday, May 5th. The stock was purchased at an average cost of GBX 264 per share, with a total value of £5,393.52. Also, insider John Stephen Ions bought 2,043 shares of the business’s stock in a transaction on Tuesday, May 5th. The shares were acquired at an average price of GBX 264 per share, for a total transaction of £5,393.52. Over the last quarter, insiders purchased 247,401 shares of company stock valued at $66,043,809. Corporate insiders own 9.49% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on the company. Royal Bank Of Canada dropped their target price on Liontrust Asset Management from GBX 240 to GBX 235 and set an “underperform” rating for the company in a report on Wednesday, April 8th. Berenberg Bank upped their price target on Liontrust Asset Management from GBX 270 to GBX 410 and gave the company a “buy” rating in a research report on Wednesday. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on Liontrust Asset Management from GBX 170 to GBX 190 and gave the stock a “sell” rating in a research note on Wednesday, June 3rd. Three analysts have rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of GBX 354.

About Liontrust Asset Management

Liontrust Asset Management Plc is a publicly owned investment manager. The firm also launches equity, fixed income, , multi-asset and managed funds for its clients. It invests into the public equity and multi-asset markets across the globe. The firm was formerly known as River and Mercantile Investment Management Limited. Liontrust Asset Management Plc was founded in 1994 and is based in London, United Kingdom.