Cetera Advisors LLC lifted its position in shares of Lloyds Banking Group PLC (NYSE:LYG) by 1.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 509,343 shares of the financial services provider’s stock after buying an additional 4,874 shares during the quarter. Cetera Advisors LLC’s holdings in Lloyds Banking Group were worth $1,305,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of LYG. SG Americas Securities LLC increased its position in shares of Lloyds Banking Group by 853.4% during the third quarter. SG Americas Securities LLC now owns 536,794 shares of the financial services provider’s stock worth $1,632,000 after buying an additional 480,489 shares during the period. JPMorgan Chase & Co. boosted its stake in Lloyds Banking Group by 146.4% during the third quarter. JPMorgan Chase & Co. now owns 1,836,496 shares of the financial services provider’s stock worth $5,584,000 after acquiring an additional 1,091,025 shares in the last quarter. MML Investors Services LLC boosted its stake in Lloyds Banking Group by 104.2% during the third quarter. MML Investors Services LLC now owns 177,757 shares of the financial services provider’s stock worth $540,000 after acquiring an additional 90,694 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in Lloyds Banking Group by 5.1% during the third quarter. Bank of New York Mellon Corp now owns 1,107,325 shares of the financial services provider’s stock worth $3,366,000 after acquiring an additional 54,111 shares in the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in Lloyds Banking Group by 1.4% during the third quarter. PNC Financial Services Group Inc. now owns 2,120,183 shares of the financial services provider’s stock worth $6,445,000 after acquiring an additional 28,486 shares in the last quarter. Institutional investors own 1.91% of the company’s stock.

Several research analysts recently issued reports on LYG shares. Citigroup raised shares of Lloyds Banking Group from a “neutral” rating to a “buy” rating in a research note on Friday, January 4th. Goldman Sachs Group reissued a “sell” rating on shares of Lloyds Banking Group in a research note on Tuesday, January 1st. JPMorgan Chase & Co. reissued a “buy” rating on shares of Lloyds Banking Group in a research note on Tuesday, January 22nd. Zacks Investment Research lowered shares of Lloyds Banking Group from a “hold” rating to a “sell” rating in a research note on Tuesday, December 4th. Finally, Keefe, Bruyette & Woods raised shares of Lloyds Banking Group from an “underperform” rating to an “outperform” rating in a research note on Thursday, January 24th. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $3.50.

Shares of NYSE LYG opened at $3.29 on Thursday. The firm has a market cap of $58.38 billion, a P/E ratio of 2.38 and a beta of 1.03. Lloyds Banking Group PLC has a 12-month low of $2.43 and a 12-month high of $3.98. The company has a debt-to-equity ratio of 2.17, a quick ratio of 1.47 and a current ratio of 1.47.

The business also recently announced a semiannual dividend, which will be paid on Friday, May 31st. Investors of record on Friday, April 5th will be paid a dividend of $0.1119 per share. This represents a yield of 7.02%. The ex-dividend date is Thursday, April 4th. Lloyds Banking Group’s dividend payout ratio is presently 20.00%.

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About Lloyds Banking Group

Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. The company operates through three segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, and unsecured consumer lending products to personal and small business customers.

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Institutional Ownership by Quarter for Lloyds Banking Group (NYSE:LYG)

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