100,261 Lloyds Banking Group PLC $LYG Shares Bought by Vise Technologies Inc.

Vise Technologies Inc. lifted its holdings in shares of Lloyds Banking Group PLC (NYSE:LYG) by 66.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 252,259 shares of the financial services provider’s stock after purchasing an additional 100,261 shares during the period. Vise Technologies Inc.’s holdings in Lloyds Banking Group were worth $1,420,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. United Capital Financial Advisors LLC increased its holdings in Lloyds Banking Group by 1.5% in the second quarter. United Capital Financial Advisors LLC now owns 126,671 shares of the financial services provider’s stock worth $738,000 after purchasing an additional 1,841 shares in the last quarter. Fiduciary Financial Group LLC grew its position in shares of Lloyds Banking Group by 11.7% during the 2nd quarter. Fiduciary Financial Group LLC now owns 18,028 shares of the financial services provider’s stock worth $105,000 after buying an additional 1,891 shares during the period. Avidian Wealth Enterprises LLC increased its stake in shares of Lloyds Banking Group by 15.0% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 14,909 shares of the financial services provider’s stock valued at $84,000 after acquiring an additional 1,949 shares in the last quarter. Angeles Wealth Management LLC increased its stake in shares of Lloyds Banking Group by 5.1% in the 2nd quarter. Angeles Wealth Management LLC now owns 41,818 shares of the financial services provider’s stock valued at $244,000 after acquiring an additional 2,031 shares in the last quarter. Finally, Sowell Financial Services LLC lifted its position in shares of Lloyds Banking Group by 16.1% during the 3rd quarter. Sowell Financial Services LLC now owns 15,415 shares of the financial services provider’s stock valued at $87,000 after acquiring an additional 2,137 shares during the period. Institutional investors and hedge funds own 2.15% of the company’s stock.

Lloyds Banking Group Stock Down 1.8%

Shares of LYG traded down $0.10 on Friday, reaching $5.08. The company’s stock had a trading volume of 30,734,441 shares, compared to its average volume of 20,299,452. The company has a current ratio of 0.57, a quick ratio of 0.56 and a debt-to-equity ratio of 2.19. Lloyds Banking Group PLC has a twelve month low of $4.51 and a twelve month high of $6.34. The stock has a market capitalization of $73.22 billion, a PE ratio of 9.59, a PEG ratio of 0.53 and a beta of 0.91. The firm has a fifty day moving average of $5.59 and a 200-day moving average of $5.62.

Lloyds Banking Group (NYSE:LYG) last posted its quarterly earnings data on Thursday, October 29th. The financial services provider reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.14 by $0.01. Lloyds Banking Group had a net margin of 28.13% and a return on equity of 12.66%. The firm had revenue of $7.26 billion for the quarter, compared to the consensus estimate of $7.06 billion. Equities analysts predict that Lloyds Banking Group PLC will post 0.54 EPS for the current year.

Analysts Set New Price Targets

Several research firms have weighed in on LYG. Royal Bank Of Canada downgraded shares of Lloyds Banking Group from an “outperform” rating to a “sector perform” rating in a research note on Friday, October 16th. Keefe, Bruyette & Woods downgraded Lloyds Banking Group from a “moderate buy” rating to a “hold” rating in a research note on Friday, July 17th. Wall Street Zen lowered Lloyds Banking Group from a “buy” rating to a “hold” rating in a research report on Sunday, September 27th. Bank of America raised Lloyds Banking Group from a “neutral” rating to a “buy” rating in a research note on Tuesday, September 1st. Finally, Citigroup reissued a “buy” rating on shares of Lloyds Banking Group in a research note on Thursday, July 16th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $6.00.

Lloyds Banking Group Company Profile

Lloyds Banking Group is a UK-based financial services company serving personal, business and institutional customers. Its operations include retail and commercial banking, insurance, pensions and wealth management, delivered through brands such as Lloyds Bank, Halifax, Bank of Scotland and Scottish Widows.

The group operates primarily in the United Kingdom, offering services including current and savings accounts, mortgages, lending, payment services, business banking and insurance products.

Lloyds Banking Group was formed in 2009 following Lloyds TSB’s acquisition of HBOS.