Insider Selling: Lloyds Banking Group plc (LON:LLOY) Insider Sells 404,092 Shares of Stock

Lloyds Banking Group plc (LON:LLOY – Get Score) insider Charlie Nunn sold 404,092 shares of Lloyds Banking Team inventory in a transaction that happened on Wednesday, March 23rd. The inventory was marketed at an typical cost of GBX 50 ($.66), for a full price of £202,046 ($265,989.99).

Shares of LON LLOY opened at GBX 49.50 ($.65) on Friday. Lloyds Banking Group plc has a twelve month reduced of GBX 38.10 ($.50) and a twelve month higher of GBX 56 ($.74). The organization has a marketplace capitalization of £35.14 billion and a cost-to-earnings ratio of 6.60. The enterprise has a 50 working day basic shifting regular of GBX 49.90 and a 200-working day easy shifting common of GBX 48.42.

The corporation also a short while ago declared a dividend, which will be compensated on Thursday, May well 19th. Stockholders of file on Thursday, April 7th will be issued a GBX 1.33 ($.02) dividend. This represents a dividend yield of 2.55%. This is an improve from Lloyds Banking Group’s preceding dividend of $.67. The ex-dividend date is Thursday, April 7th. Lloyds Banking Group’s payout ratio is .17%.

Numerous equities investigate analysts have issued stories on the firm. Morgan Stanley restated an “overweight” score on shares of Lloyds Banking Group in a report on Wednesday, March 9th. Shore Capital restated a “buy” ranking on shares of Lloyds Banking Team in a report on Thursday, March 10th. Citigroup restated a “buy” score on shares of Lloyds Banking Group in a report on Friday, December 17th. Deutsche Lender Aktiengesellschaft restated a “buy” score and set a GBX 63 ($.83) value goal on shares of Lloyds Banking Team in a report on Thursday, March 10th. Eventually, Barclays established a GBX 64 ($.84) rate objective on Lloyds Banking Group in a report on Tuesday, March 8th. Two investment analysts have rated the stock with a hold ranking and eight have assigned a get rating to the stock. In accordance to MarketBeat, the enterprise has an ordinary ranking of “Buy” and a consensus focus on rate of GBX 57.29 ($.75).

About Lloyds Banking Team (Get Ranking)

Lloyds Banking Team plc, alongside one another with its subsidiaries, offers a array of banking and financial products and services in the United Kingdom. It operates by 3 segments: Retail Professional Banking and Coverage and Wealth. The Retail section gives a selection of fiscal services products and solutions, which includes latest accounts, financial savings, mortgages, motor finance, unsecured financial loans, leasing methods, and credit history playing cards to particular and little organization buyers.

Featured Tales

Want Extra Wonderful Investing Thoughts?

Acquire News & Rankings for Lloyds Banking Group Each day – Enter your email deal with beneath to receive a concise each day summary of the most current news and analysts’ rankings for Lloyds Banking Team and linked providers with MarketBeat.com’s No cost every day e-mail publication.