Liontrust Asset Management (LON:LIO) Stock Price Down 13% - What's Next?

Liontrust Asset Management PLC (LON:LIO - Get Free Report) shares fell 13% on Wednesday . The stock traded as low as GBX 358 ($4.91) and last traded at GBX 358 ($4.91). 2,599,837 shares changed hands during mid-day trading, an increase of 520% from the average session volume of 419,484 shares. The stock had previously closed at GBX 411.50 ($5.65).

Analysts Set New Price Targets

Separately, Berenberg Bank reduced their price target on shares of Liontrust Asset Management from GBX 450 ($6.17) to GBX 330 ($4.53) and set a "hold" rating on the stock in a research report on Tuesday, April 15th.

Liontrust Asset Management Price Performance

The firm's 50-day moving average is GBX 369.49 and its two-hundred day moving average is GBX 399.22. The company has a market cap of £251.64 million, a P/E ratio of 3.65, a PEG ratio of -1.70 and a beta of 1.33. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.42 and a quick ratio of 1.35.

Liontrust Asset Management (LON:LIO - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) earnings per share for the quarter. Liontrust Asset Management had a net margin of 35.21% and a return on equity of 39.68%. Analysts anticipate that Liontrust Asset Management PLC will post 69.828816 earnings per share for the current year.

Insider Buying and Selling at Liontrust Asset Management

In other Liontrust Asset Management news, insider John Stephen Ions sold 26,100 shares of the business's stock in a transaction on Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.45), for a total transaction of £84,564 ($116,015.91). Also, insider Vinay Kumar Abrol acquired 1,614 shares of the business's stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of GBX 336 ($4.61) per share, for a total transaction of £5,423.04 ($7,440.03). Company insiders own 11.90% of the company's stock.

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.