Quattro Financial Advisors LLC Purchases Shares of 166,065 Lloyds Banking Group PLC (LYG)

Quattro Financial Advisors LLC purchased a new stake in shares of Lloyds Banking Group PLC (NYSE:LYG) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 166,065 shares of the financial services provider’s stock, valued at approximately $632,000.

A number of other large investors have also made changes to their positions in LYG. M&T Bank Corp increased its holdings in Lloyds Banking Group by 27.2% during the 2nd quarter. M&T Bank Corp now owns 90,137 shares of the financial services provider’s stock valued at $318,000 after purchasing an additional 19,252 shares during the period. Advisor Group Inc. increased its holdings in Lloyds Banking Group by 28.9% during the 2nd quarter. Advisor Group Inc. now owns 84,149 shares of the financial services provider’s stock valued at $296,000 after purchasing an additional 18,880 shares during the period. Stifel Financial Corp increased its holdings in Lloyds Banking Group by 20.3% during the 2nd quarter. Stifel Financial Corp now owns 196,603 shares of the financial services provider’s stock valued at $712,000 after purchasing an additional 33,146 shares during the period. Scotia Capital Inc. increased its holdings in Lloyds Banking Group by 1,174.6% during the 2nd quarter. Scotia Capital Inc. now owns 127,457 shares of the financial services provider’s stock valued at $450,000 after purchasing an additional 117,457 shares during the period. Finally, Schafer Cullen Capital Management Inc. increased its holdings in Lloyds Banking Group by 807.6% during the 2nd quarter. Schafer Cullen Capital Management Inc. now owns 269,825 shares of the financial services provider’s stock valued at $952,000 after purchasing an additional 240,095 shares during the period. Institutional investors own 2.33% of the company’s stock.

Lloyds Banking Group PLC (NYSE LYG) opened at $3.87 on Thursday. Lloyds Banking Group PLC has a twelve month low of $3.15 and a twelve month high of $4.21. The firm has a market capitalization of $68,466.70, a P/E ratio of 16.74 and a beta of 0.80.

A number of research analysts recently issued reports on LYG shares. Zacks Investment Research downgraded Lloyds Banking Group from a “buy” rating to a “hold” rating in a report on Thursday, November 23rd. UBS Group restated a “buy” rating on shares of Lloyds Banking Group in a report on Wednesday, November 29th. Macquarie downgraded Lloyds Banking Group from a “neutral” rating to an “underperform” rating in a report on Wednesday, November 29th. Goldman Sachs Group reiterated a “sell” rating on shares of Lloyds Banking Group in a report on Wednesday, December 6th. Finally, BNP Paribas upgraded Lloyds Banking Group from an “underperform” rating to a “neutral” rating in a report on Monday, December 11th. Six analysts have rated the stock with a sell rating, two have given a hold rating and six have given a buy rating to the stock. Lloyds Banking Group presently has a consensus rating of “Hold” and an average price target of $4.00.

WARNING: This piece of content was originally published by Week Herald and is the property of of Week Herald. If you are reading this piece of content on another publication, it was illegally stolen and republished in violation of US and international copyright law. The correct version of this piece of content can be viewed at https://weekherald.com/2018/02/15/quattro-financial-advisors-llc-takes-position-in-lloyds-banking-group-plc-lyg.html.

Lloyds Banking Group Company Profile

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

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

Receive News & Ratings for Lloyds Banking Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lloyds Banking Group and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply