Liontrust Asset Management (LON:LIO) Releases Earnings Results

Liontrust Asset Management (LON:LIO) released its quarterly earnings results on Wednesday. The company reported GBX 55.56 ($0.76) EPS 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 3.6%

LIO opened at GBX 371 ($5.07) on Thursday. 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 stock’s fifty day moving average is GBX 367.10 and its 200-day moving average is GBX 401.81. Liontrust Asset Management has a one year low of GBX 301.50 ($4.12) and a one year high of GBX 732 ($10.00). The company has a market capitalization of £234.28 million, a PE ratio of 3.40, a P/E/G ratio of -1.70 and a beta of 1.33.

Analysts Set New Price Targets

Separately, Berenberg Bank dropped their target price on Liontrust Asset Management from GBX 450 ($6.15) to GBX 330 ($4.51) and set a “hold” rating on the stock in a report on Tuesday, April 15th.

Insiders Place Their Bets

In related news, insider Vinay Kumar Abrol acquired 1,614 shares of the company’s stock in a transaction on Friday, May 2nd. The shares were purchased at an average price of GBX 336 ($4.59) per share, for a total transaction of £5,423.04 ($7,409.54). Also, insider John Stephen Ions sold 26,100 shares of the company’s stock in a transaction on Tuesday, April 8th. The stock was sold at an average price of GBX 324 ($4.43), for a total transaction of £84,564 ($115,540.37). 11.90% 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.