M&R Capital Management Inc. increased its position in Lloyds Banking Group PLC (NYSE:LYG) by 0.4% in the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,211,359 shares of the financial services provider’s stock after purchasing an additional 5,409 shares during the period. M&R Capital Management Inc. owned 0.15% of Lloyds Banking Group PLC worth $4,119,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Northwestern Mutual Wealth Management Co. grew its stake in Lloyds Banking Group PLC by 0.7% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 28,925 shares of the financial services provider’s stock worth $102,000 after purchasing an additional 215 shares in the last quarter. CAPROCK Group Inc. grew its stake in Lloyds Banking Group PLC by 33.1% in the second quarter. CAPROCK Group Inc. now owns 30,718 shares of the financial services provider’s stock worth $108,000 after purchasing an additional 7,632 shares in the last quarter. Signaturefd LLC acquired a new position in Lloyds Banking Group PLC in the first quarter worth about $125,000. Advisor Partners LLC grew its stake in Lloyds Banking Group PLC by 107.8% in the second quarter. Advisor Partners LLC now owns 38,591 shares of the financial services provider’s stock worth $136,000 after purchasing an additional 20,020 shares in the last quarter. Finally, American Asset Management Inc. acquired a new position in Lloyds Banking Group PLC in the second quarter worth about $145,000. Institutional investors and hedge funds own 2.11% of the company’s stock.

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A number of equities analysts recently commented on the company. Zacks Investment Research upgraded Lloyds Banking Group PLC from a “hold” rating to a “buy” rating and set a $4.00 price target for the company in a research note on Tuesday, September 26th. BidaskClub downgraded Lloyds Banking Group PLC from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. ValuEngine upgraded Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Finally, Goldman Sachs Group, Inc. (The) reiterated a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, September 6th. Six analysts have rated the stock with a sell rating, two have assigned a hold rating and nine have assigned a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $4.00.

Lloyds Banking Group PLC (NYSE:LYG) traded up 0.140% during midday trading on Monday, hitting $3.575. The stock had a trading volume of 22,928,786 shares. The stock’s 50 day moving average price is $3.47 and its 200-day moving average price is $3.52. The company has a market cap of $56.91 billion, a PE ratio of 31.920 and a beta of 0.71. Lloyds Banking Group PLC has a 52 week low of $2.56 and a 52 week high of $3.87.

The company also recently disclosed a None dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Friday, August 11th will be paid a dividend of $0.052 per share. This represents a yield of 2.98%. This is a boost from Lloyds Banking Group PLC’s previous None dividend of $0.05. The ex-dividend date of this dividend is Wednesday, August 9th. Lloyds Banking Group PLC’s dividend payout ratio is currently 100.00%.

Lloyds Banking Group PLC 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.

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

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