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LIO Liontrust Asset Management Plc

481.00
1.50 (0.31%)
15 Oct 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Liontrust Asset Management Plc LSE:LIO London Ordinary Share GB0007388407 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  1.50 0.31% 481.00 603,025 16:35:00
Bid Price Offer Price High Price Low Price Open Price
480.00 482.00 486.00 473.00 477.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Unit Inv Tr, Closed-end Mgmt 197.89M -3.49M -0.0537 -89.48 311.37M
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:28 O 50,000 481.00 GBX

Liontrust Asset Management (LIO) Latest News (4)

Liontrust Asset Management (LIO) Discussions and Chat

Liontrust Asset Management Forums and Chat

Date Time Title Posts
15/10/202422:59Liontrust with Charts & News1,000
28/5/200708:33Lionhearted41
14/10/200511:45Will the Lion Roar?-
06/3/200113:18what's happening at lion trust?2

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Liontrust Asset Management (LIO) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-10-15 15:35:29481.0050,000240,500.00O
2024-10-15 15:35:08481.0079379.99AT
2024-10-15 15:35:00481.00187,372901,259.32UT
2024-10-15 15:29:56480.501152.86AT
2024-10-15 15:29:51480.50524.03AT

Liontrust Asset Management (LIO) Top Chat Posts

Top Posts
Posted at 15/10/2024 09:20 by Liontrust Asset Management Daily Update
Liontrust Asset Management Plc is listed in the Unit Inv Tr, Closed-end Mgmt sector of the London Stock Exchange with ticker LIO. The last closing price for Liontrust Asset Management was 479.50p.
Liontrust Asset Management currently has 64,935,384 shares in issue. The market capitalisation of Liontrust Asset Management is £312,014,520.
Liontrust Asset Management has a price to earnings ratio (PE ratio) of -89.48.
This morning LIO shares opened at 477p
Posted at 11/10/2024 10:32 by bigstakker
For some reason I couldn't use the following links in my last posts:

markets.investorschronicle.co.uk/data/equities/tearsheet/forecasts?s=LIO:LSE

uk.investing.com/equities/liontrust-asset-management-consensus-estimates

www.tradingview.com/symbols/LSE-LIO/forecast/

Even if you take just the average of each prediction, the target price is still in the 700s. Check them out!
Posted at 11/10/2024 07:25 by masurenguy
Liontrust fears ‘misplaced’

Liontrust (LIO) has suffered from the ‘general malaise’ seen by the asset management industry but dividend concerns are ‘misplaced’, says Panmure Liberum. Analyst Rae Maile retained his ‘buy’ recommendation and target price of £10.50 on the investment manager, which tumbled 7.2% to 490p yesterday and has slipped 19% year to date.

"We anticipated that the industry had a lacklustre quarter for flows and Liontrust has not escaped the general malaise, with September having proven particularly difficult it appears. Retail outflows of £900m were ‘in line with our estimate’ but institutional outflows were ‘slightly worse than we had hoped, although stronger performance was an important mitigant. The wait for a turn in flows – for the industry as well as for Liontrust – continues. Hopefully, the Budget will offer some relief. In the meantime, we believe that fears with respect to Liontrust’s dividend are misplaced, with an estimated 13.6% yield on offer helping to soothe the continued wait." said Maile
Posted at 10/10/2024 10:17 by 2wild
LIO this morning flaming Labour government for continued outflows, higher than expected buy market consensus.

Barclays cuts Liontrust target to 700 (720) pence - 'equal weight'

Berenberg cuts Liontrust target to 625 (750) pence - 'hold'
Posted at 04/9/2024 08:05 by masurenguy
Deutsche: Liontrust shares reflect fund outflows

Liontrust Asset Management (LIO) continues to face challenges from fund outflows and the valuation ‘fairly’ reflects the problem backdrop, says Deutsche Bank. Analyst David McCann retained his ‘hold’ recommendation and target price of 600p on the investment group, which softened 1.1% to 619p on Tuesday. ‘We estimate Liontrust to have delivered £0.2bn net outflows in August and assets under management to be -1% versus the last reported figure in June,’ he said.

He said the group faces myriad challenges from ongoing outflows, ‘the low industry growth outlook, the group’s strategy that we are not convinced will result in returning the group to net inflows in the short term, and a risk to management guidance of being able to maintain a mid-30% operating margin’. McCann also said there is ‘an increasing risk to the dividend’, which he expects to be uncovered in 2025, 2026, and 2027, and will require ‘support from the surplus capital and performance fees’. ‘However, we think the valuation broadly fairly reflects this challenging position and outlook,’ he said.
Posted at 14/7/2024 08:06 by masurenguy
Liontrust says things will only get better for fund groups under Labour
Liontrust boss John Ions is hopeful of growth under Labour as a trading statement shows outflows slowing to £900m in the latest quarter.

Liontrust (LIO) chief executive John Ions has put his faith in the new Labour government to improve the outlook for the UK’s fund managers. A trading update covering the three months to 30 June, the first quarter of Liontrust’s financial year, showed net outflows hit £900m over the period, down from £1.6bn in the same quarter last year. In a statement accompanying the update, Ions said that last week’s election result offered hope of stability. ‘Labour’s large majority in last week’s general election should herald a period of stability that will be positive for financial markets,’ he said. ‘It is encouraging that the new government has a pro-growth agenda and is committed to the simplification of pensions.’

Like many asset managers, Liontrust has faced challenges in recent years as high interest rates and inflation have roiled stock markets and hit demand for actively managed funds. A specialism in UK equities (a sector that has seen significant outflows) has also hurt Liontrust, manager of Edinburgh (EDIN) investment trust, while a failed bid for GAM hurt full-year profits in the most recent financial results. According to Morningstar data, Liontrust shares have lost investors more than 55% over the past three years to the end of June.

However, Ions said Labour’s push for stability and growth under chancellor Rachel Reeves, as well as a need to encourage investors to save more in their pensions, would help the asset manager going forward. ‘Along with falling inflation and the expectation of a reduction in interest rates, this should encourage international investors to return to the UK and boost capital flows to the stock market,’ Ions said. ‘Given the ever-increasing need for individuals to save more for their retirement as well, this will significantly improve the outlook for asset managers.’
Posted at 27/6/2024 15:19 by masurenguy
Sometimes its darkest before the dawn !

Liontrust "well positioned" for when sentiment perks up — Berenberg
Alliance News: 26th Jun 2024

Liontrust reported a full-year decline in assets under management and advice, due to sizeable net outflows, though it has "started to see signs of a change in investor sentiment". The asset manager said assets under management and advice at its March 31 year-end amounted to £27.82bn, down 11% from £31.43bn 12 months earlier. Net outflows during the year totalled £6.08bn.

Chief Executive Officer John Ions said: "We have started to see signs of a change in investor sentiment and this is likely to move significantly when more central banks reduce interest rates and there is greater political and fiscal certainty in the UK. There is no doubt that the amount individuals are investing has been negatively impacted by the cost of living, the reductions in Covid savings and tax rises. With more stability will come greater recognition of valuation opportunities, especially in the UK stock market." Revenue in the year totalled £197.89bn, falling 19% from £243.34bn. It swung to a pretax loss of £579,000 from profit of £49.3m. It maintained its second interim dividend at 50.0p per share, giving an unchanged total dividend of 72.0p per share.

"Profit before tax was in line with consensus, with lower-than-expected revenue broadly offset by lower-than-expected costs. The company sustained outflows in FY24, in a challenging market environment, in our view, given Liontrust’s mid- and small cap equity and UK retail client focus. The business has focused on diversifying its product range as well as expanding its distribution. While short-term flows are challenging to predict and we expect the business to remain in net outflows at the start of FY25, we believe that it will be well positioned when investor sentiment returns to the UK equity market," Berenberg analysts commented.

It rates the stock at 'hold' with a 750p price target. Liontrust shares were 2.9% lower at 729.00p each in London on Wednesday morning.
Posted at 14/6/2024 08:02 by aishah
Liontrust a high beta bet, says Ashworth-Lord

Liontrust Asset Management (LIO) has been consistently undervalued by the market, says Sanford DeLand’s Keith Ashworth-Lord.

Ashworth-Lord holds the Citywire Elite Companies + rated asset manager in his £499m CFP SDL UK Buffettology fund.

In his latest fund factsheet, the manager said Liontrust has ‘seen a material derating spanning several years to the point where, until recently, it was valued at not much over 1% of its assets under management, adjusting for its substantial cash pile.’

Although there was little news about the group over May, it has benefited from the recent recovery in sentiment towards UK equities, which ‘leaves it particularly primed for recovery’.

Ashworth-Lord said although it is unrelated, the recent takeover bid for investment platform Hargreaves Lansdown ‘will not have gone unnoticed’.

‘To use stock market jargon, Liontrust is about as high a beta stock as you could wish to own,’ he said.

The shares rose 1.8% to 774p on Wednesday and have jumped more than a quarter in the year to date.
Posted at 25/5/2024 10:42 by smithie6
techtrader5

yes, I have some shares.

(imo recent news on takeovers is benificial for LIO fund performance, which might help attract new/more FUM inflow; & the takeover offer for competitor HL surely also makes LIO more valuable.
Although the speed & on-going power of the % rise at LIO surprises me.

recent takeover offers at higher prices at companies where LIO holds a notable investment include :- John Wood grp plc, Keywords Studios, any more ??
& I think LIO owns a chunk of shares at ACSO which is up 50% in the last 6-9 months.

--------

charting
....many shares fall 20-50% when they announce unpopular news .....and the chart signals do not forewarn that, so, for me, chart signals are no g'tee of the future share price direction, of course.
Posted at 21/5/2024 11:13 by tag57
I have a similar yield overall ~ 7.5%. Was getting up to 9.5% before DEC trashed its dividend.
Anyway, hopefully as LIO share price continues to bounce back and AUM starts to grow they can maintain their divi and longer term start to grow it again.
Posted at 24/8/2023 11:48 by 2wild
Not sure that's fair. If sentiment towards a sector and therefore LIO share price haď not tanked, may well have gone through.
Liontrust Asset Management share price data is direct from the London Stock Exchange

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