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

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

Analysts Set New Price Targets

Separately, Berenberg Bank decreased their target price on 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.

Liontrust Asset Management Trading Up 4.9%

The company has a market capitalization of £251.64 million, a price-to-earnings ratio of 3.65, a price-to-earnings-growth ratio of -1.70 and a beta of 1.33. The business has a fifty day moving average price of GBX 369.49 and a 200 day moving average price of GBX 400.42. 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 issued its earnings results on Wednesday, June 25th. The company reported GBX 55.56 ($0.76) EPS for the quarter. Liontrust Asset Management had a return on equity of 39.68% and a net margin of 35.21%. On average, equities analysts expect that Liontrust Asset Management PLC will post 69.828816 EPS for the current fiscal year.

Insider Activity at Liontrust Asset Management

In other news, insider Vinay Kumar Abrol purchased 1,614 shares of the firm's stock in a transaction that occurred on Friday, May 2nd. The shares were acquired at an average price of GBX 336 ($4.61) per share, for a total transaction of £5,423.04 ($7,442.07). Also, insider John Stephen Ions sold 26,100 shares of the firm's stock in a transaction dated Tuesday, April 8th. The shares were sold at an average price of GBX 324 ($4.45), for a total value of £84,564 ($116,047.76). 11.90% of the stock is currently owned by corporate insiders.

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.