Liontrust Asset Management PLC (LON:LIO)’s stock price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 810 ($10.58) and last traded at GBX 798 ($10.43), with a volume of 168242 shares trading hands. The stock had previously closed at GBX 788 ($10.30).

Separately, Numis Securities reissued an “add” rating and issued a GBX 1,050 ($13.72) target price on shares of in a report on Wednesday, June 5th.

The company has a market cap of $403.80 million and a P/E ratio of 24.42. The stock’s 50 day simple moving average is GBX 728.12.

The business also recently disclosed a dividend, which will be paid on Friday, August 9th. Shareholders of record on Thursday, July 4th will be paid a GBX 20 ($0.26) dividend. This represents a yield of 2.78%. The ex-dividend date of this dividend is Thursday, July 4th. This is an increase from Liontrust Asset Management’s previous dividend of $7.00. Liontrust Asset Management’s dividend payout ratio is currently 0.83%.

In related news, insider Vinay Kumar Abrol acquired 819 shares of the firm’s stock in a transaction on Tuesday, April 30th. The stock was bought at an average price of GBX 658 ($8.60) per share, for a total transaction of £5,389.02 ($7,041.71).

Liontrust Asset Management Company Profile (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.

Read More: What is a management fee?

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