NumerixS Investment Technologies Inc Has $332,000 Position in Lloyds Banking Group PLC (NYSE:LYG)

NumerixS Investment Technologies Inc grew its stake in shares of Lloyds Banking Group PLC (NYSE:LYG) by 104.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 103,200 shares of the financial services provider’s stock after purchasing an additional 52,600 shares during the quarter. NumerixS Investment Technologies Inc’s holdings in Lloyds Banking Group were worth $332,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. PARK CIRCLE Co increased its holdings in shares of Lloyds Banking Group by 20.0% in the fourth quarter. PARK CIRCLE Co now owns 24,000 shares of the financial services provider’s stock valued at $61,000 after buying an additional 4,000 shares in the last quarter. AMG National Trust Bank increased its stake in shares of Lloyds Banking Group by 0.6% in the first quarter. AMG National Trust Bank now owns 781,151 shares of the financial services provider’s stock worth $2,507,000 after acquiring an additional 4,415 shares during the last quarter. Cetera Advisors LLC increased its stake in shares of Lloyds Banking Group by 1.0% in the fourth quarter. Cetera Advisors LLC now owns 509,343 shares of the financial services provider’s stock worth $1,305,000 after acquiring an additional 4,874 shares during the last quarter. Cornerstone Advisors Inc. increased its stake in shares of Lloyds Banking Group by 69.3% in the first quarter. Cornerstone Advisors Inc. now owns 13,935 shares of the financial services provider’s stock worth $45,000 after acquiring an additional 5,702 shares during the last quarter. Finally, Parallel Advisors LLC increased its stake in shares of Lloyds Banking Group by 106.3% in the first quarter. Parallel Advisors LLC now owns 12,096 shares of the financial services provider’s stock worth $39,000 after acquiring an additional 6,232 shares during the last quarter. 1.94% of the stock is owned by institutional investors.

A number of equities analysts have recently weighed in on LYG shares. Goldman Sachs Group raised shares of Lloyds Banking Group from a “sell” rating to a “neutral” rating in a research note on Monday, March 11th. Zacks Investment Research cut shares of Lloyds Banking Group from a “buy” rating to a “hold” rating in a report on Saturday, April 27th. Bank of America cut shares of Lloyds Banking Group from a “buy” rating to an “underperform” rating in a report on Thursday, April 18th. Keefe, Bruyette & Woods cut shares of Lloyds Banking Group from an “outperform” rating to a “market perform” rating in a report on Tuesday, May 28th. Finally, Davy Research upgraded shares of Lloyds Banking Group from a “neutral” rating to an “outperform” rating in a report on Tuesday, May 28th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and four have issued a buy rating to the company. Lloyds Banking Group currently has a consensus rating of “Hold” and an average price target of $3.75.

Shares of NYSE LYG traded up $0.03 during mid-day trading on Monday, hitting $2.87. 5,431,300 shares of the stock were exchanged, compared to its average volume of 6,546,077. Lloyds Banking Group PLC has a twelve month low of $2.43 and a twelve month high of $3.46. The company has a debt-to-equity ratio of 2.18, a quick ratio of 1.49 and a current ratio of 1.49. The firm’s fifty day moving average price is $2.92. The firm has a market cap of $51.71 billion, a P/E ratio of 8.70 and a beta of 1.04.

Lloyds Banking Group (NYSE:LYG) last released its quarterly earnings results on Thursday, May 2nd. The financial services provider reported $0.14 EPS for the quarter. Lloyds Banking Group had a net margin of 23.77% and a return on equity of 16.28%. The business had revenue of $5.98 billion for the quarter. Analysts forecast that Lloyds Banking Group PLC will post 0.44 EPS for the current year.

About Lloyds Banking Group

Lloyds Banking Group plc provides banking and financial services under the Lloyds Bank, Halifax, Bank of Scotland, and Scottish Widows brands in the United Kingdom and internationally. It operates through three segments: Retail, Commercial Banking, and Insurance and Wealth. The Retail segment offers a range of financial service products, including current accounts, savings accounts, mortgages, motor finance, unsecured consumer loans, leasing solutions, and credit cards to personal and small business customers.

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

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