Shares of Liontrust Asset Management PLC (LON:LIO) hit a new 52-week high on Thursday . The stock traded as high as GBX 798 ($10.43) and last traded at GBX 794 ($10.38), with a volume of 164112 shares traded. The stock had previously closed at GBX 772 ($10.09).
Separately, Numis Securities reaffirmed an “add” rating and set a GBX 1,050 ($13.72) target price on shares of in a research note on Wednesday, June 5th.
The company’s 50 day moving average is GBX 712.28. The firm has a market capitalization of $402.79 million and a price-to-earnings ratio of 24.36.
The firm also recently disclosed a dividend, which will be paid on Friday, August 9th. Stockholders of record on Thursday, July 4th will be paid a GBX 20 ($0.26) dividend. This is a positive change from Liontrust Asset Management’s previous dividend of $7.00. The ex-dividend date is Thursday, July 4th. This represents a dividend yield of 2.78%. Liontrust Asset Management’s dividend payout ratio (DPR) is presently 0.83%.
In other Liontrust Asset Management news, insider Vinay Kumar Abrol acquired 819 shares of the stock in a transaction dated Tuesday, April 30th. The stock was acquired at an average price of GBX 658 ($8.60) per share, with a total value of £5,389.02 ($7,041.71).
About Liontrust Asset Management (LON:LIO)
Liontrust Asset Management Plc is a publicly owned investment manager. The firm manages separate client focused equity and multi-asset portfolios. It invests into the public equity and multi-asset markets of the world. The firm was formerly known as River and Mercantile Investment Management Limited.
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