Ellevest Inc. Has $472,000 Holdings in Lloyds Banking Group plc (NYSE:LYG)

Ellevest Inc. raised its holdings in Lloyds Banking Group plc (NYSE:LYGFree Report) by 9.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 221,439 shares of the financial services provider’s stock after purchasing an additional 19,106 shares during the quarter. Ellevest Inc.’s holdings in Lloyds Banking Group were worth $472,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Jane Street Group LLC grew its stake in Lloyds Banking Group by 10.9% in the 4th quarter. Jane Street Group LLC now owns 35,079,795 shares of the financial services provider’s stock valued at $77,176,000 after purchasing an additional 3,449,866 shares during the period. Mondrian Investment Partners LTD lifted its position in shares of Lloyds Banking Group by 8.7% during the 3rd quarter. Mondrian Investment Partners LTD now owns 29,131,456 shares of the financial services provider’s stock valued at $62,050,000 after buying an additional 2,336,000 shares during the last quarter. Macquarie Group Ltd. lifted its position in shares of Lloyds Banking Group by 0.9% during the 1st quarter. Macquarie Group Ltd. now owns 27,050,491 shares of the financial services provider’s stock valued at $62,757,000 after buying an additional 236,934 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in shares of Lloyds Banking Group by 6.4% during the 2nd quarter. Goldman Sachs Group Inc. now owns 18,613,240 shares of the financial services provider’s stock valued at $37,971,000 after buying an additional 1,119,332 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Lloyds Banking Group by 14.5% during the 2nd quarter. Dimensional Fund Advisors LP now owns 17,929,683 shares of the financial services provider’s stock valued at $39,397,000 after buying an additional 2,270,827 shares during the last quarter. Institutional investors own 2.15% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on LYG shares. Morgan Stanley raised Lloyds Banking Group from an “equal weight” rating to an “overweight” rating in a research report on Tuesday, November 28th. Bank of America cut Lloyds Banking Group from a “buy” rating to a “neutral” rating in a research report on Tuesday, January 16th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and one has issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $63.29.

Read Our Latest Stock Report on Lloyds Banking Group

Lloyds Banking Group Stock Performance

Shares of LYG opened at $2.06 on Tuesday. The stock’s 50-day simple moving average is $2.26 and its 200 day simple moving average is $2.15. The stock has a market capitalization of $32.66 billion, a price-to-earnings ratio of 5.27, a price-to-earnings-growth ratio of 0.77 and a beta of 1.30. Lloyds Banking Group plc has a 52-week low of $1.88 and a 52-week high of $2.62.

Lloyds Banking Group Company Profile

(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.

Further Reading

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

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