Lloyds Banking Group plc (LON:LLOY) Insider William Chalmers Acquires 149,714 Shares of Stock

Lloyds Banking Group plc (LON:LLOY – Get Free Report) insider William Chalmers acquired 149,714 shares of the business’s stock in a transaction on Thursday, September 21st. The shares were purchased at an average price of GBX 45 ($0.56) per share, with a total value of £67,371.30 ($83,452.62).

Lloyds Banking Group Stock Up 2.1 %

Shares of LLOY opened at GBX 45.34 ($0.56) on Friday. The company has a 50-day simple moving average of GBX 43.29 and a 200-day simple moving average of GBX 45.30. The company has a market capitalization of £28.81 billion, a PE ratio of 566.75, a P/E/G ratio of 0.69 and a beta of 1.22. Lloyds Banking Group plc has a 52-week low of GBX 38.51 ($0.48) and a 52-week high of GBX 54.33 ($0.67).

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Lloyds Banking Group Cuts Dividend

The business also recently declared a dividend, which was paid on Tuesday, September 12th. Stockholders of record on Thursday, August 3rd were issued a GBX 0.92 ($0.01) dividend. The ex-dividend date was Thursday, August 3rd. This represents a dividend yield of 2%. Lloyds Banking Group’s dividend payout ratio is presently 3,750.00%.

Wall Street Analyst Weigh In

A number of brokerages have commented on LLOY. JPMorgan Chase & Co. restated an “underweight” rating on shares of Lloyds Banking Group in a research report on Thursday, September 7th. Barclays restated an “overweight” rating and set a GBX 70 ($0.87) price objective on shares of Lloyds Banking Group in a research report on Monday, July 3rd. One investment analyst has rated the stock with a sell rating, one has given a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 63.86 ($0.79).

Check Out Our Latest Analysis on LLOY

About Lloyds Banking Group

(Get Free Report)

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom. It operates through three segments: Retail; Commercial Banking; and Insurance, Pensions, and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal and small business customers.

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