Fisher Asset Management LLC raised its position in shares of Lloyds Banking Group PLC (NYSE:LYG) by 28.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 107,409,120 shares of the financial services provider’s stock after buying an additional 23,821,430 shares during the period. Fisher Asset Management LLC owned approximately 0.74% of Lloyds Banking Group PLC worth $308,264,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Macquarie Group Ltd. increased its position in shares of Lloyds Banking Group PLC by 30.8% in the second quarter. Macquarie Group Ltd. now owns 33,137,686 shares of the financial services provider’s stock worth $98,419,000 after buying an additional 7,810,110 shares in the last quarter. Mondrian Investment Partners LTD boosted its stake in shares of Lloyds Banking Group PLC by 75.9% in the second quarter. Mondrian Investment Partners LTD now owns 8,876,966 shares of the financial services provider’s stock valued at $26,365,000 after buying an additional 3,828,969 shares during the last quarter. Renaissance Technologies LLC boosted its stake in shares of Lloyds Banking Group PLC by 83.1% in the first quarter. Renaissance Technologies LLC now owns 4,902,600 shares of the financial services provider’s stock valued at $19,365,000 after buying an additional 2,224,500 shares during the last quarter. Ngam Advisors L.P. boosted its stake in shares of Lloyds Banking Group PLC by 101.9% in the second quarter. Ngam Advisors L.P. now owns 3,006,009 shares of the financial services provider’s stock valued at $8,928,000 after buying an additional 1,517,443 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in shares of Lloyds Banking Group PLC by 34.5% in the second quarter. Raymond James & Associates now owns 4,661,315 shares of the financial services provider’s stock valued at $13,844,000 after buying an additional 1,195,317 shares during the last quarter. 1.71% of the stock is owned by hedge funds and other institutional investors.

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

Shares of Lloyds Banking Group PLC (NYSE:LYG) traded up 1.01% during trading on Monday, reaching $2.99. The company had a trading volume of 4,453,956 shares. Lloyds Banking Group PLC has a 12-month low of $2.47 and a 12-month high of $4.58. The firm has a 50-day moving average of $2.80 and a 200-day moving average of $3.21. The company has a market cap of $45.46 billion, a P/E ratio of 41.53 and a beta of 1.33.

Several analysts have issued reports on LYG shares. Deutsche Bank AG restated a “hold” rating on shares of Lloyds Banking Group PLC in a research note on Friday, September 16th. Beaufort Securities restated a “buy” rating on shares of Lloyds Banking Group PLC in a research note on Friday, October 28th. Citigroup Inc. restated a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, August 31st. Zacks Investment Research upgraded Lloyds Banking Group PLC from a “sell” rating to a “hold” rating in a research note on Thursday, September 1st. Finally, Davy Research restated an “outperform” rating on shares of Lloyds Banking Group PLC in a research note on Thursday, October 27th. Five analysts have rated the stock with a sell rating, three have given a hold rating and nine have given a buy rating to the company. The company has an average rating of “Hold” and a consensus target price of $3.50.

About Lloyds Banking Group PLC

LLOYDS BANKING GROUP plc provides financial services to individual and business customers in the United Kingdom but also overseas. The Company’s business activities include retail and commercial banking, long-term savings, protection and investment. It operates through its segments, including Retail, Commercial Banking, Consumer Finance and Insurance.

5 Day Chart for NYSE:LYG

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