Lloyds Banking Group plc (NYSE:LYG) Shares Sold by Captrust Financial Advisors

Captrust Financial Advisors reduced its holdings in Lloyds Banking Group plc (NYSE:LYG - Free Report) by 62.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 44,783 shares of the financial services provider's stock after selling 75,007 shares during the period. Captrust Financial Advisors' holdings in Lloyds Banking Group were worth $122,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Crux Wealth Advisors purchased a new position in shares of Lloyds Banking Group during the 4th quarter worth $28,000. Brentview Investment Management LLC acquired a new position in Lloyds Banking Group in the fourth quarter valued at approximately $31,000. Mesirow Financial Investment Management Inc. purchased a new position in Lloyds Banking Group in the fourth quarter worth approximately $32,000. SBI Securities Co. Ltd. acquired a new stake in Lloyds Banking Group during the fourth quarter worth $34,000. Finally, Jackson Thornton Wealth Management LLC purchased a new stake in Lloyds Banking Group in the fourth quarter valued at $34,000. 2.15% of the stock is currently owned by institutional investors and hedge funds.

Lloyds Banking Group Trading Down 2.2%

LYG traded down $0.10 during trading hours on Wednesday, hitting $4.20. 5,202,654 shares of the company's stock were exchanged, compared to its average volume of 29,365,768. The firm has a market cap of $63.47 billion, a P/E ratio of 12.71 and a beta of 0.97. Lloyds Banking Group plc has a 12-month low of $2.56 and a 12-month high of $4.30. The firm has a 50 day moving average of $3.84 and a 200 day moving average of $3.31.

Lloyds Banking Group (NYSE:LYG - Get Free Report) last posted its quarterly earnings data on Thursday, May 1st. The financial services provider reported $0.11 earnings per share for the quarter, topping analysts' consensus estimates of $0.08 by $0.03. Lloyds Banking Group had a return on equity of 8.46% and a net margin of 11.45%. The business had revenue of $5.91 billion for the quarter, compared to analyst estimates of $4.78 billion. As a group, research analysts expect that Lloyds Banking Group plc will post 0.27 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Hsbc Global Res raised Lloyds Banking Group to a "strong-buy" rating in a research report on Thursday, March 20th. Keefe, Bruyette & Woods cut shares of Lloyds Banking Group from an "outperform" rating to a "market perform" rating in a research report on Tuesday, March 11th. HSBC upgraded shares of Lloyds Banking Group from a "hold" rating to a "buy" rating in a report on Tuesday, April 1st. Morgan Stanley raised Lloyds Banking Group from an "equal weight" rating to an "overweight" rating in a research report on Tuesday, March 4th. Finally, Wall Street Zen upgraded Lloyds Banking Group from a "sell" rating to a "hold" rating in a research report on Tuesday, May 13th. Seven research analysts have rated the stock with a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold".

About Lloyds Banking Group

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.