As of quarter end Morningstar Investment Services LLC had acquired 47,810 shares growing its holdings by 33.6%. News about a company's financial status, products, or plans, whether positive or negative, will typically result in a temporary increase in the trade volume of its stock.
07/05/2016 - Lloyds Banking Group Plc was upgraded to "outperform" by analysts at Macquarie. Aperio Group LLC now owns 1,392,676 shares of the financial services provider's stock worth $4,916,000 after buying an additional 143,176 shares during the period. Fulton Bank N.A. bought a new stake in shares of Lloyds Banking Group PLC during the first quarter valued at $111,000. Finally, Capstone Asset Management Co. increased its position in Lloyds Banking Group PLC by 4.7% in the first quarter. The brokerage presently has a "buy" rating on the financial services provider's stock.
Institutional owners hold 61.50% stake while Insiders ownership held at 0.10% in the company.
Dimensional Fund Advisors Lp acquired 1.08 million shares as Lloyds Banking Group Plc (LYG)'s stock rose 13.69%. The company's stock had a trading volume of 87,264,795 shares.
It is trading at $3.53 which is just under the 50 day moving average which is $3.54 and just a bit higher than the 200 day moving average of $3.49. The value of the company's investment in Lloyds Banking Group Plc Americ went from $225,000 to $219,000 a change of 2.7% quarter over quarter. The firm has a market cap of $54.12 billion, a price-to-earnings ratio of 30.36 and a beta of 0.76. Investors of record on Friday, August 11th will be paid a $0.052 dividend. This is a boost from Lloyds Banking Group PLC's previous None dividend of $0.05. This represents a dividend yield of 2.98%. On Wednesday, August 26 the stock rating was maintained by Panmure Gordon with "Hold". Lloyds Banking Group PLC's dividend payout ratio (DPR) is now 128.57%. If you are reading this article on another website, it was illegally stolen and reposted in violation of worldwide trademark & copyright laws. The original version of this news story can be accessed at https://www.baseball-news-blog.com/2017/08/11/morgan-stanley-reiterates-gbx-85-price-target-for-lloyds-banking-group-plc-lloy-updated-updated-updated.html. Lloyds Banking had 18 analyst reports since August 25, 2015 according to SRatingsIntel. (The) restated a "sell" rating on shares of Lloyds Banking Group PLC in a research note on Monday, May 8th.
Berenberg Bank reissued their sell rating on shares of Lloyds Banking Group PLC (LON:LLOY) in a research report sent to investors on Wednesday, August 2nd, Marketbeat reports. Zacks Investment Research upgraded shares of Lloyds Banking Group PLC from a "hold" rating to a "buy" rating and set a $4.00 target price on the stock in a report on Friday, July 14th. Investec reiterated a "buy" rating and set a GBX 75 ($0.98) price target on shares of Lloyds Banking Group PLC in a report on Tuesday, May 16th. The Share Buyback is conditioned on Vantiv, Inc. publishing a firm offer to acquire Worldpay Group plc. Credit Suisse Group restated a "neutral" rating and issued a GBX 70 ($0.91) price objective on shares of Lloyds Banking Group PLC in a report on Tuesday, March 28th. Four equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and sixteen have given a buy rating to the company's stock.
Lloyds Banking Group Plc (NYSE:LYG)'s price to free cash flow for trailing twelve months is 0. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company's divisions are Retail, Commercial Banking, Consumer Finance, Insurance and Other.