Lloyds Banking Group PLC (NYSE:LYG)‘s stock had its “hold” rating reissued by Deutsche Bank AG in a report released on Friday.

LYG has been the topic of several other reports. Macquarie upgraded shares of Lloyds Banking Group PLC from a “neutral” rating to an “outperform” rating in a report on Tuesday, July 5th. Beaufort Securities restated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, August 3rd. Zacks Investment Research upgraded shares of Lloyds Banking Group PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, July 5th. Berenberg Bank upgraded shares of Lloyds Banking Group PLC from a “sell” rating to a “hold” rating in a research note on Tuesday, July 26th. Finally, Investec upgraded shares of Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a research note on Thursday, August 25th. Four research analysts have rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 79.06 ($1.03).

Lloyds Banking Group PLC (NYSE:LYG) opened at 3.01 on Friday. Lloyds Banking Group PLC has a one year low of $2.47 and a one year high of $4.85. The stock has a market capitalization of $43.66 billion, a price-to-earnings ratio of 27.87 and a beta of 1.02. The company has a 50-day moving average of $3.02 and a 200-day moving average of $3.56.

The business also recently declared a dividend, which will be paid on Tuesday, October 11th. Shareholders of record on Friday, August 12th will be issued a $0.045 dividend. The ex-dividend date is Wednesday, August 10th. Lloyds Banking Group PLC’s dividend payout ratio is currently 92.86%.

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Macquarie Group Ltd. boosted its position in Lloyds Banking Group PLC by 30.8% in the second quarter. Macquarie Group Ltd. now owns 33,137,686 shares of the financial services provider’s stock worth $98,419,000 after buying an additional 7,810,110 shares in the last quarter. BlackRock Investment Management LLC boosted its position in Lloyds Banking Group PLC by 6.0% in the second quarter. BlackRock Investment Management LLC now owns 15,161,801 shares of the financial services provider’s stock worth $45,031,000 after buying an additional 861,656 shares in the last quarter. Mondrian Investment Partners LTD boosted its position in Lloyds Banking Group PLC by 75.9% in the second quarter. Mondrian Investment Partners LTD now owns 8,876,966 shares of the financial services provider’s stock worth $26,365,000 after buying an additional 3,828,969 shares in the last quarter. Capital Guardian Trust Co. boosted its position in Lloyds Banking Group PLC by 2.2% in the second quarter. Capital Guardian Trust Co. now owns 5,565,149 shares of the financial services provider’s stock worth $16,528,000 after buying an additional 122,173 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Lloyds Banking Group PLC by 83.1% in the first quarter. Renaissance Technologies LLC now owns 4,902,600 shares of the financial services provider’s stock worth $19,365,000 after buying an additional 2,224,500 shares in the last quarter. 1.65% of the stock is owned by institutional investors and hedge funds.

About Lloyds Banking Group PLC

LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.

5 Day Chart for NYSE:LYG

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