Advisor Group Inc. boosted its stake in shares of Lloyds Banking Group PLC (NYSE:LYG) by 48.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 124,886 shares of the financial services provider’s stock after acquiring an additional 40,737 shares during the period. Advisor Group Inc.’s holdings in Lloyds Banking Group were worth $456,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the business. Cambiar Investors LLC bought a new position in Lloyds Banking Group during the 3rd quarter worth $11,152,000. Sei Investments Co. increased its stake in Lloyds Banking Group by 4.8% during the 3rd quarter. Sei Investments Co. now owns 2,057,708 shares of the financial services provider’s stock worth $7,531,000 after acquiring an additional 94,065 shares during the period. FDx Advisors Inc. increased its stake in Lloyds Banking Group by 25.8% during the 3rd quarter. FDx Advisors Inc. now owns 246,578 shares of the financial services provider’s stock worth $902,000 after acquiring an additional 50,603 shares during the period. Keybank National Association OH bought a new position in Lloyds Banking Group during the 3rd quarter worth $123,000. Finally, Mondrian Investment Partners LTD increased its stake in Lloyds Banking Group by 6.4% during the 3rd quarter. Mondrian Investment Partners LTD now owns 14,836,206 shares of the financial services provider’s stock worth $54,301,000 after acquiring an additional 890,000 shares during the period. Hedge funds and other institutional investors own 2.08% of the company’s stock.

Lloyds Banking Group PLC (NYSE:LYG) opened at $3.57 on Friday. Lloyds Banking Group PLC has a 52 week low of $2.86 and a 52 week high of $3.87. The company has a quick ratio of 1.39, a current ratio of 1.38 and a debt-to-equity ratio of 1.79. The stock has a market capitalization of $64,225.86, a price-to-earnings ratio of 6.61 and a beta of 0.75.

A number of equities analysts have commented on LYG shares. Zacks Investment Research upgraded Lloyds Banking Group from a “hold” rating to a “buy” rating and set a $4.00 price objective on the stock in a research note on Tuesday, September 26th. Credit Suisse Group upgraded Lloyds Banking Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, October 10th. Goldman Sachs Group Inc restated a “sell” rating on shares of Lloyds Banking Group in a research note on Wednesday, September 6th. Finally, BidaskClub lowered Lloyds Banking Group from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Six investment analysts have rated the stock with a sell rating, two have given a hold rating and seven have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $4.00.

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About Lloyds Banking Group

Lloyds Banking Group plc is a provider of financial services to individual and business customers in the United Kingdom. The Company’s main business activities are retail and commercial banking, general insurance, and long-term savings, protection and investment. The Company’s segments are Retail, Commercial Banking, Consumer Finance, Insurance and Other.

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

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