Benjamin F. Edwards & Company Inc. continued to hold its stake in shares of Lloyds Banking Group PLC (NYSE:LYG) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,489 shares of the financial services provider’s stock at the end of the second quarter. Benjamin F. Edwards & Company Inc.’s holdings in Lloyds Banking Group PLC were worth $235,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Fulton Bank N.A. purchased a new stake in shares of Lloyds Banking Group PLC during the first quarter worth about $111,000. Raymond James Trust N.A. raised its stake in shares of Lloyds Banking Group PLC by 56.9% in the first quarter. Raymond James Trust N.A. now owns 91,309 shares of the financial services provider’s stock worth $310,000 after buying an additional 33,131 shares in the last quarter. Bank of Montreal Can raised its stake in shares of Lloyds Banking Group PLC by 124.5% in the first quarter. Bank of Montreal Can now owns 41,891 shares of the financial services provider’s stock worth $142,000 after buying an additional 23,231 shares in the last quarter. Capstone Asset Management Co. raised its stake in shares of Lloyds Banking Group PLC by 4.7% in the first quarter. Capstone Asset Management Co. now owns 1,267,078 shares of the financial services provider’s stock worth $4,308,000 after buying an additional 56,390 shares in the last quarter. Finally, Nationwide Fund Advisors raised its stake in shares of Lloyds Banking Group PLC by 24.7% in the first quarter. Nationwide Fund Advisors now owns 241,909 shares of the financial services provider’s stock worth $822,000 after buying an additional 47,858 shares in the last quarter. 2.03% of the stock is owned by hedge funds and other institutional investors.

Shares of Lloyds Banking Group PLC (NYSE LYG) traded up 1.029% during mid-day trading on Monday, hitting $3.435. 311,607 shares of the stock traded hands. The company has a market cap of $54.68 billion, a P/E ratio of 30.670 and a beta of 0.76. Lloyds Banking Group PLC has a one year low of $2.56 and a one year high of $3.87. The stock has a 50 day moving average price of $3.53 and a 200-day moving average price of $3.50.

The business also recently announced a None dividend, which will be paid on Tuesday, October 10th. Shareholders of record on Friday, August 11th will be given a $0.052 dividend. The ex-dividend date is Wednesday, August 9th. This is a positive change from Lloyds Banking Group PLC’s previous None dividend of $0.05. This represents a yield of 2.98%. Lloyds Banking Group PLC’s dividend payout ratio (DPR) is currently 100.00%.

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A number of equities research analysts recently issued reports on LYG shares. UBS AG reissued a “buy” rating on shares of Lloyds Banking Group PLC in a report on Wednesday, April 19th. Macquarie lowered shares of Lloyds Banking Group PLC from an “outperform” rating to a “neutral” rating in a report on Friday, April 21st. Goldman Sachs Group, Inc. (The) reissued a “sell” rating on shares of Lloyds Banking Group PLC in a report on Monday, May 8th. Sanford C. Bernstein reissued an “underperform” rating on shares of Lloyds Banking Group PLC in a report on Tuesday, May 9th. Finally, Deutsche Bank AG raised shares of Lloyds Banking Group PLC from a “hold” rating to a “buy” rating in a report on Monday, May 15th. Six research analysts have rated the stock with a sell rating, two have assigned a hold rating and ten have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $4.00.

About Lloyds Banking Group PLC

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 PLC (NYSE:LYG)

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