Numis Securities cut shares of Liontrust Asset Management (LON:LIO) to an add rating in a research report released on Thursday morning. The firm currently has GBX 656 ($9.21) target price on the stock, up from their previous target price of GBX 595 ($8.36).

A number of other analysts have also weighed in on the stock. Canaccord Genuity increased their price objective on shares of Liontrust Asset Management from GBX 545 ($7.65) to GBX 555 ($7.79) and gave the stock a buy rating in a research note on Thursday, November 23rd. N+1 Singer reiterated a buy rating and issued a GBX 560 ($7.86) price objective on shares of Liontrust Asset Management in a research note on Thursday, November 23rd. Finally, Macquarie reiterated a neutral rating and issued a GBX 503 ($7.06) price objective on shares of Liontrust Asset Management in a research note on Wednesday, October 18th.

Shares of Liontrust Asset Management (LON:LIO) opened at GBX 598 ($8.40) on Thursday. The firm has a market cap of $296.20 and a price-to-earnings ratio of 3,737.50. Liontrust Asset Management has a 52 week low of GBX 375.25 ($5.27) and a 52 week high of GBX 620 ($8.71).

The firm also recently disclosed a dividend, which was paid on Friday, January 12th. Stockholders of record on Thursday, November 30th were paid a GBX 5 ($0.07) dividend. The ex-dividend date was Thursday, November 30th. This represents a dividend yield of 0.99%.

In other news, insider Vinay Kumar Abrol purchased 3,800 shares of the company’s stock in a transaction that occurred on Thursday, January 25th. The shares were bought at an average price of GBX 581 ($8.16) per share, for a total transaction of £22,078 ($31,004.07). Also, insider Adrian John Reginald Collins sold 200,000 shares of the firm’s stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of GBX 590 ($8.29), for a total transaction of £1,180,000 ($1,657,070.64).

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About Liontrust Asset Management

Liontrust Asset Management PLC (Liontrust) is a holding company. The Company is engaged in specialist fund management business. It is an investment management company that manages the United Kingdom, European, Asian and Global equities, Global credit and Multi-Assets. It offers a range of products, such as Unit Trusts, Offshore funds, Segregated Mandates and Discretionary Portfolio Management Services.

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