Brio Consultants LLC Has $46,000 Stock Holdings in Lloyds Banking Group plc (NYSE:LYG)

by · The Markets Daily

Brio Consultants LLC grew its position in Lloyds Banking Group plc (NYSE:LYG – Free Report) by 30.2% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 16,735 shares of the financial services provider’s stock after buying an additional 3,880 shares during the period. Brio Consultants LLC’s holdings in Lloyds Banking Group were worth $46,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BSW Wealth Partners lifted its holdings in Lloyds Banking Group by 13.2% in the fourth quarter. BSW Wealth Partners now owns 41,939 shares of the financial services provider’s stock valued at $114,000 after buying an additional 4,903 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in shares of Lloyds Banking Group by 7.6% during the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 159,560 shares of the financial services provider’s stock valued at $434,000 after acquiring an additional 11,279 shares during the last quarter. Blue Trust Inc. boosted its position in shares of Lloyds Banking Group by 28.9% in the 4th quarter. Blue Trust Inc. now owns 272,479 shares of the financial services provider’s stock worth $741,000 after purchasing an additional 61,054 shares during the last quarter. Cerro Pacific Wealth Advisors LLC acquired a new stake in shares of Lloyds Banking Group during the fourth quarter worth $37,000. Finally, SG Americas Securities LLC bought a new stake in Lloyds Banking Group in the fourth quarter valued at about $110,000. Institutional investors own 2.15% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently issued reports on LYG. Morgan Stanley lowered Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, October 30th. The Goldman Sachs Group began coverage on shares of Lloyds Banking Group in a research note on Friday, October 4th. They issued a “neutral” rating for the company. Seven research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, Lloyds Banking Group currently has a consensus rating of “Hold” and a consensus price target of $2.75.

Get Our Latest Stock Report on Lloyds Banking Group

Lloyds Banking Group Stock Performance

Shares of LYG opened at $3.05 on Friday. The firm’s 50 day moving average price is $2.78 and its two-hundred day moving average price is $2.91. Lloyds Banking Group plc has a twelve month low of $2.00 and a twelve month high of $3.24. The firm has a market cap of $46.14 billion, a P/E ratio of 7.81 and a beta of 1.31.

Lloyds Banking Group Company Profile

(Free Report)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.

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