Government cuts stake in Lloyds to 3%

The UK’s largest high street lender more than doubled its statutory profits to £4.2 billion last yearReuters

The UK’s largest high street lender more than doubled its statutory profits to £4.2 billion last yearReuters

EPS estimates indicating constrictive facts, the current year from sell-side analysts, Price to current year EPS stands at 284.80%. As of February 28th, there was short interest totalling 3,829,773 shares, a decrease of 54.9% from the February 15th total of 8,492,599 shares. The company's last traded volume of 51.58 million shares as compared to it's an average volume of 6.25 million shares.

Lloyds Banking Group's share price was up 0.9 per cent at 68.45 pence in early trading on Wednesday. Fisher Asset Management LLC now owns 107,409,120 shares of the financial services provider's stock worth $308,264,000 after buying an additional 23,821,430 shares during the period.

08/31/2016 - Lloyds Banking Group Plc had its "sell" rating reiterated by analysts at Citigroup.

"The RBS share price needs to double from its current level before the taxpayer breaks even on the bailout, and that isn't happening anytime soon". OVERWEIGHT signal was given by 1 and Underweight signal was issued by 1 Analyst.

The 52 week high of shares in Royal Bank of Scotland Group (The) PLC is 260.9 while the 52 week low for the company's shares is 148.4. The performance of Lloyds Banking Group plc (NYSE:LYG) for the quarter recorded as 10.69% and for year stands at -7.76%, while the YTD performance was 13.55%.

"Royal Bank of Scotland Group plc (RBS) Receives "Underperform" Rating from BNP Paribas" was first reported by Chaffey Breeze and is the sole property of of Chaffey Breeze.

07/26/2016 - Lloyds Banking Group Plc was upgraded to "hold" by analysts at Berenberg Bank. By reviewing stock prices from the stock market history of the company and examining its analysts ratings can give an investment picture with updated information of stock which helps investors to make investing decision. The company presently has an average rating of "Hold" and an average target price of $3.50. The companys revenue was down -1.9 % compared to the same quarter past year. The short ratio in the company's stock is documented at 2.29 and the short float is around of 0.05%. The stock price of LYG is moving up from its 20 days moving average with 2.62% and isolated positively from 50 days moving average with 4.98%. The ex-dividend date is Thursday, April 6th. Dimensional Fund Advisors LP raised its position in Royal Bank of Scotland Group PLC by 3.5% in the fourth quarter. The UK Retail Banking segment provides banking and financial services, mortgages, and private banking services. The Company's main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment.

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