Several other research analysts also recently issued reports on LLOY. Lloyds Banking Group PLC (ADR) (NYSE:LYG) has declined 7.28% since October 11, 2016 and is downtrending. The shares were bought at an average price of GBX 66 ($0.87) per share, for a total transaction of £67,048.74 ($88,152.43). Profund Advisors LLC now owns 209,874 shares of the financial services provider's stock worth $602,000 after buying an additional 17,358 shares in the last quarter.
It has been a long while for Lloyds Banking Group plc, since its IPO date on 11/28/2001. Comerica Bank increased its position in shares of Lloyds Banking Group PLC by 10.8% in the fourth quarter.
Tightening the gaze, stock performance for the last 5 trading days is 1.11%. Finally, PNC Financial Services Group Inc. increased its stake in Lloyds Banking Group PLC by 5.3% in the second quarter.
As any seasoned investor knows, markets can move up or down in the blink of an eye. Lloyds Banking had 19 analyst reports since August 25, 2015 according to SRatingsIntel. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders.
Lloyds Banking Group plc (LYG) reported sales (ttm) of 21.51 Billion, whereas, 1 number of analysts estimated the mean sale of 23114.3 million. The NYSE listed company saw a recent bid of 3.605 on 6278119 volume. LYG's latest closing price was 3.48% away from the average price of 200 days while it maintained a distance of 2.88% from the 50 Day Moving Average and 0.28% away compared to its SMA 20.
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Also, The Goodyear Tire & Rubber Company (GT) needs to overturn a -0.34% decrease it experienced over the past twelve months. The stock of Goodyear Tire & Rubber Co (NASDAQ:GT) has "Neutral" rating given on Thursday, March 30 by Goldman Sachs.
Royal Bank of Scotland Group plc using EPIC/TICKER code (LON:RBS) has had its stock rating noted as "Upgrades" with the recommendation being set at "NEUTRAL" today by analysts at Credit Suisse. The price/earnings to growth ratio (PEG ratio) is a stock's price-to-earnings (P/E) ratio divided by the growth rate of its earnings for a specified time period.
The company also recently declared a semiannual dividend, which will be paid on Friday, May 26th. This is a positive change from Lloyds Banking Group PLC's previous semiannual dividend of $0.05. The ex-dividend date of this dividend was Wednesday, August 9th.
28/07/2017 - Lloyds Banking Group had its "Overweight" rating reiterated by analysts at Barclays.
A number of equities analysts have commented on LYG shares. On Friday, October 30 the stock rating was upgraded by Shore Capital to "Buy". (The) reaffirmed a "sell" rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, September 6th. The Beta for the company stands at 0.72 and its Average True Range (ATR) shows a value of 0.06. At the time of writing, the First Call consensus price target for the company is $40.50.
Lloyds Banking Group plc is based in United Kingdom, in the very big sector Financial. The Insurance segment provides a range of protection, pension and investment products. The Company's divisions are Retail, Commercial Banking, Consumer Finance, Insurance and Other. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.