Liontrust Asset Management (LON:LIO) Share Price Passes Below 200-Day Moving Average – Here’s Why

Liontrust Asset Management PLC (LON:LIO) shares crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 297.97 and traded as low as GBX 228. Liontrust Asset Management shares last traded at GBX 233.50, with a volume of 154,940 shares changing hands.

Analysts Set New Price Targets

A number of analysts have recently weighed in on LIO shares. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Liontrust Asset Management from GBX 180 to GBX 175 and set a “sell” rating for the company in a research note on Monday, February 2nd. Panmure Gordon restated a “buy” rating and issued a GBX 500 target price on shares of Liontrust Asset Management in a research report on Thursday, November 20th. Berenberg Bank lowered their price target on Liontrust Asset Management from GBX 340 to GBX 320 and set a “hold” rating on the stock in a research report on Thursday, November 20th. Peel Hunt reissued a “buy” rating and issued a GBX 435 price objective on shares of Liontrust Asset Management in a research note on Thursday, November 20th. Finally, Royal Bank Of Canada cut their price objective on Liontrust Asset Management from GBX 260 to GBX 220 and set an “underperform” rating for the company in a report on Thursday, January 15th. Two investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat, Liontrust Asset Management currently has a consensus rating of “Hold” and a consensus price target of GBX 330.

Liontrust Asset Management Stock Up 0.6%

The company has a market capitalization of £143.50 million, a price-to-earnings ratio of 11.66, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The company has a quick ratio of 1.35, a current ratio of 1.42 and a debt-to-equity ratio of 1.48. The business has a 50-day moving average price of GBX 252.68 and a 200-day moving average price of GBX 297.97.

Liontrust Asset Management (LON:LIO) last issued its quarterly earnings results on Thursday, November 20th. The company reported GBX 18.68 earnings per share for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. As a group, equities analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current fiscal year.

Insider Activity

In other news, insider John Stephen Ions purchased 774 shares of Liontrust Asset Management stock in a transaction that occurred on Wednesday, January 7th. The stock was acquired at an average price of GBX 241 per share, for a total transaction of £1,865.34. Also, insider Luke Savage acquired 5,000 shares of the firm’s stock in a transaction that occurred on Friday, November 21st. The stock was purchased at an average cost of GBX 281 per share, with a total value of £14,050. Insiders have bought 6,548 shares of company stock worth $1,778,068 over the last 90 days. 9.22% of the stock is owned by company insiders.

Liontrust Asset Management Company Profile

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.