Lloyds Banking Group plc ADR (NYSE: LYG) is 54.41% higher on its value in year-to-date trading and has touched a low of $2.56 and a high of $4.30 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LYG stock was last observed hovering at around $4.19 in the last trading session, with the day’s gains setting it 0.01%.
Currently trading at $4.20, the stock is 1.78% and 7.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.37 million and changing 0.24% at the moment leaves the stock 28.50% off its SMA200. LYG registered 48.41% gain for a year compared to 6-month gain of 56.13%. The firm has a 50-day simple moving average (SMA 50) of $3.9062 and a 200-day simple moving average (SMA200) of $3.2684.
The stock witnessed a 8.25% loss in the last 1 month and extending the period to 3 months gives it a 10.53%, and is -0.24% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 0.89% over the week and 1.43% over the month.
Lloyds Banking Group plc ADR (LYG) has around 61228 employees, a market worth around $62.86B and $31.45B in sales. Fwd P/E is 8.23. Profit margin for the company is 15.66%. Distance from 52-week low is 64.06% and -2.33% from its 52-week high. The company has generated returns on investments over the last 12 months (2.92%).
The EPS is expected to grow by 22.55% this year.
Lloyds Banking Group plc ADR (LYG) Top Institutional Holders
509.0 institutions hold shares in Lloyds Banking Group plc ADR (LYG), with institutional investors hold 3.62% of the company’s shares. The shares outstanding are 15.11B, and float is at 14.96B with Short Float at 0.03%. Institutions hold 3.62% of the Float.
The top institutional shareholder in the company is MONDRIAN INVESTMENT PARTNERS LTD with over 74.72 million shares valued at $226.39 million. The investor’s holdings represent 0.1186% of the LYG Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 18.39 million shares valued at $50.2 million to account for 0.1167 of the shares outstanding. The other top investors are ARROWSTREET CAPITAL, LIMITED PARTNERSHIP which holds 24.07 million shares representing 0.0382% and valued at over $65.7 million, while GOLDMAN SACHS GROUP INC holds 0.0359 of the shares totaling 22.61 million with a market value of $61.71 million.
