Mondrian Investment Partners LTD Has $296.73 Million Holdings in Lloyds Banking Group PLC $LYG

Mondrian Investment Partners LTD lowered its stake in shares of Lloyds Banking Group PLC (NYSE:LYG) by 10.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 55,986,442 shares of the financial services provider’s stock after selling 6,789,708 shares during the quarter. Lloyds Banking Group accounts for 4.7% of Mondrian Investment Partners LTD’s investment portfolio, making the stock its 2nd largest holding. Mondrian Investment Partners LTD’s holdings in Lloyds Banking Group were worth $296,728,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Tucker Asset Management LLC bought a new stake in Lloyds Banking Group during the fourth quarter worth $27,000. Westside Investment Management Inc. boosted its position in Lloyds Banking Group by 100.0% in the third quarter. Westside Investment Management Inc. now owns 6,406 shares of the financial services provider’s stock worth $29,000 after purchasing an additional 3,203 shares during the last quarter. Concord Wealth Partners boosted its position in Lloyds Banking Group by 124.9% in the third quarter. Concord Wealth Partners now owns 7,203 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 4,000 shares during the last quarter. Eagle Bay Advisors LLC purchased a new position in Lloyds Banking Group in the fourth quarter worth $35,000. Finally, TD Waterhouse Canada Inc. boosted its position in Lloyds Banking Group by 48.6% in the third quarter. TD Waterhouse Canada Inc. now owns 7,988 shares of the financial services provider’s stock worth $36,000 after purchasing an additional 2,614 shares during the last quarter. Institutional investors own 2.15% of the company’s stock.

Lloyds Banking Group Stock Down 0.8%

LYG stock opened at $5.37 on Friday. The company has a debt-to-equity ratio of 2.09, a quick ratio of 0.56 and a current ratio of 0.56. The company has a market capitalization of $78.46 billion, a price-to-earnings ratio of 12.19, a PEG ratio of 0.54 and a beta of 0.88. Lloyds Banking Group PLC has a fifty-two week low of $3.98 and a fifty-two week high of $6.34. The stock has a fifty day moving average of $5.27 and a 200-day moving average of $5.31.

Lloyds Banking Group (NYSE:LYG) last posted its quarterly earnings results on Tuesday, March 31st. The financial services provider reported $0.13 earnings per share for the quarter. The company had revenue of $6.87 billion during the quarter. Lloyds Banking Group had a return on equity of 10.63% and a net margin of 25.11%. As a group, equities research analysts predict that Lloyds Banking Group PLC will post 0.53 earnings per share for the current year.

Analyst Ratings Changes

Several research firms have weighed in on LYG. Citigroup reissued a “buy” rating on shares of Lloyds Banking Group in a research report on Thursday, April 30th. UBS Group raised Lloyds Banking Group from a “neutral” rating to a “buy” rating in a research report on Thursday, April 30th. Wall Street Zen raised Lloyds Banking Group from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Weiss Ratings cut Lloyds Banking Group from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, May 11th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Lloyds Banking Group in a research report on Tuesday, February 3rd. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy”.

About Lloyds Banking Group

Lloyds Banking Group plc is a UK-based banking and financial services company that provides a broad range of retail, commercial and insurance products. Its principal consumer-facing brands include Lloyds Bank, Halifax and Bank of Scotland, through which it offers current accounts, savings, mortgages, credit cards and personal loans. The group also delivers services to small and medium-sized enterprises (SMEs) and larger corporate clients, supplying business accounts, lending, payments and cash-management solutions.

In addition to core banking, Lloyds operates a significant wealth and insurance arm under the Scottish Widows brand, offering life insurance, pensions, investment and retirement planning products.