In recent trading session, Lloyds Banking Group plc ADR (NYSE:LYG) saw 1.56 million shares changing hands at last check today with its beta currently measuring 1.33. Company’s recent per share price level of $2.61 trading at $0.01 or 0.19% at last check today assigns it a market valuation of $41.48B. That most recent trading price of LYG’s stock is at a discount of -0.38% from its 52-week high price of $2.62 and is indicating a premium of 27.97% from its 52-week low price of $1.88. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.93 million shares which gives us an average trading volume of 8.50 million if we extend that period to 3-months.
Lloyds Banking Group plc ADR (NYSE:LYG) trade information
Upright in the green today for gaining 0.19%, in the last five days LYG remained trading in the green while hitting it’s week-highest on Friday, 03/22/24 when the stock touched $2.61 price level, adding 0.76% to its value on the day. Lloyds Banking Group plc ADR’s shares saw a change of 9.00% in year-to-date performance and have moved 4.62% in past 5-day. Lloyds Banking Group plc ADR (NYSE:LYG) showed a performance of 14.25% in past 30-days. Number of shares sold short was 9.15 million shares which calculate 1.05 days to cover the short interests.
Lloyds Banking Group plc ADR (LYG) estimates and forecasts
Statistics highlight that Lloyds Banking Group plc ADR is scoring comparatively lower than the scores of other players of the relevant industry. The company added 22.30% of value to its shares in past 6 months, showing an annual growth rate of -27.66% while that of industry is 0.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 4.99% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -15.68% while estimates for its earnings growth in next 5 years are of -10.30%.
LYG Dividends
Lloyds Banking Group plc ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Lloyds Banking Group plc ADR (NYSE:LYG)’s Major holders
Insiders are in possession of 0.00% of company’s total shares while institution are holding 2.39 percent of that, with stock having share float percentage of 2.39%. Investors also watch the number of corporate investors in a company very closely, which is 2.39% institutions for Lloyds Banking Group plc ADR that are currently holding shares of the company. Mondrian Investment Partners Ltd is the top institutional holder at LYG for having 64.6 million shares of worth $168.99 million. And as of Dec 30, 2023, it was holding 0.40% of the company’s outstanding shares.
The second largest institutional holder is CIBC Private Wealth Group, LLC, which was holding about 29.7 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.19% of outstanding shares, having a total worth of $77.69 million.
On the other hand, Dimensional ETF Tr-Dimensional International Value ETF and Dimensional ETF Tr-Dimensional International Core Equity 2 ETF are the top two Mutual Funds which own company’s shares. As of Oct 30, 2023, the former fund manager was holding 3.75 million shares of worth $9.8 million or 0.02% of the total outstanding shares. The later fund manager was in possession of 3.02 million shares on Oct 30, 2023, making its stake of worth around $7.89 million in the company or a holder of 0.02% of company’s stock.
