Liontrust Asset Management (LON:LIO - Get Free Report) announced its quarterly earnings data on Wednesday. The company reported GBX 55.56 ($0.76) earnings per share for the quarter, Digital Look Earnings reports. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%.
Liontrust Asset Management Stock Up 6.1%
LIO stock traded up GBX 22 ($0.30) during mid-day trading on Thursday, reaching GBX 380 ($5.21). The company had a trading volume of 1,241,889 shares, compared to its average volume of 426,080. The firm has a fifty day simple moving average of GBX 367.10 and a 200 day simple moving average of GBX 401.81. The company has a debt-to-equity ratio of 1.48, a quick ratio of 1.35 and a current ratio of 1.42. The company has a market capitalization of £239.96 million, a price-to-earnings ratio of 3.48, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. Liontrust Asset Management has a fifty-two week low of GBX 301.50 ($4.14) and a fifty-two week high of GBX 732 ($10.05).
Insider Activity
In other news, insider John Stephen Ions sold 26,100 shares of the firm's stock in a transaction dated Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.45), for a total transaction of £84,564 ($116,047.76). Also, insider Vinay Kumar Abrol purchased 1,614 shares of the stock in a transaction that occurred on Friday, May 2nd. The stock was acquired at an average cost of GBX 336 ($4.61) per share, with a total value of £5,423.04 ($7,442.07). Company insiders own 11.90% of the company's stock.
Wall Street Analyst Weigh In
Separately, Berenberg Bank decreased their price target on shares of Liontrust Asset Management from GBX 450 ($6.18) to GBX 330 ($4.53) and set a "hold" rating for the company in a research report on Tuesday, April 15th.
View Our Latest Analysis on Liontrust Asset Management
About Liontrust Asset Management
(
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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.
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