Lloyds Banking Group PLC $LYG Shares Acquired by Personal CFO Solutions LLC

Personal CFO Solutions LLC lifted its position in Lloyds Banking Group PLC (NYSE:LYG) by 507.5% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 119,159 shares of the financial services provider’s stock after acquiring an additional 99,543 shares during the period. Personal CFO Solutions LLC’s holdings in Lloyds Banking Group were worth $599,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Papamarkou Wellner Asset Management inc. grew its stake in Lloyds Banking Group by 2.0% during the 4th quarter. Papamarkou Wellner Asset Management inc. now owns 104,100 shares of the financial services provider’s stock valued at $552,000 after purchasing an additional 2,000 shares during the last quarter. Aptus Capital Advisors LLC raised its stake in shares of Lloyds Banking Group by 11.9% in the fourth quarter. Aptus Capital Advisors LLC now owns 18,869 shares of the financial services provider’s stock worth $100,000 after purchasing an additional 2,009 shares during the last quarter. Harbour Investments Inc. lifted its holdings in shares of Lloyds Banking Group by 47.3% during the fourth quarter. Harbour Investments Inc. now owns 6,386 shares of the financial services provider’s stock worth $34,000 after purchasing an additional 2,051 shares during the period. Xponance LLC boosted its position in Lloyds Banking Group by 11.9% in the fourth quarter. Xponance LLC now owns 20,138 shares of the financial services provider’s stock valued at $107,000 after buying an additional 2,146 shares during the last quarter. Finally, Sanctuary Advisors LLC increased its holdings in Lloyds Banking Group by 1.3% in the 4th quarter. Sanctuary Advisors LLC now owns 195,055 shares of the financial services provider’s stock worth $1,034,000 after buying an additional 2,598 shares during the period. Hedge funds and other institutional investors own 2.15% of the company’s stock.

Lloyds Banking Group Price Performance

Shares of NYSE LYG opened at $5.96 on Friday. The company has a debt-to-equity ratio of 2.09, a current ratio of 0.56 and a quick ratio of 0.56. The stock has a market capitalization of $87.16 billion, a price-to-earnings ratio of 13.55, a PEG ratio of 0.61 and a beta of 0.87. The firm’s 50 day simple moving average is $5.51 and its 200-day simple moving average is $5.48. Lloyds Banking Group PLC has a 12 month low of $4.05 and a 12 month high of $6.34.

Lloyds Banking Group (NYSE:LYG) last posted its earnings results on Tuesday, March 31st. The financial services provider reported $0.13 earnings per share (EPS) for the quarter. Lloyds Banking Group had a net margin of 25.11% and a return on equity of 10.63%. The firm had revenue of $6.87 billion during the quarter. Analysts expect that Lloyds Banking Group PLC will post 0.53 EPS for the current year.

Analyst Ratings Changes

LYG has been the subject of a number of recent research reports. Morgan Stanley reissued an “overweight” rating on shares of Lloyds Banking Group in a research report on Tuesday, June 30th. Weiss Ratings lowered shares of Lloyds Banking Group from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, May 11th. UBS Group raised shares of Lloyds Banking Group from a “neutral” rating to a “buy” rating in a report on Thursday, April 30th. Citigroup restated a “buy” rating on shares of Lloyds Banking Group in a research report on Thursday, April 30th. Finally, Wall Street Zen lowered shares of Lloyds Banking Group from a “buy” rating to a “hold” rating in a report on Saturday, July 4th. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy”.

About Lloyds Banking Group

Lloyds Banking Group plc is a UK-based banking and financial services company that provides a broad range of retail, commercial and insurance products. Its principal consumer-facing brands include Lloyds Bank, Halifax and Bank of Scotland, through which it offers current accounts, savings, mortgages, credit cards and personal loans. The group also delivers services to small and medium-sized enterprises (SMEs) and larger corporate clients, supplying business accounts, lending, payments and cash-management solutions.

In addition to core banking, Lloyds operates a significant wealth and insurance arm under the Scottish Widows brand, offering life insurance, pensions, investment and retirement planning products.