Lloyds Banking Group PLC (LYG) Shares Bought by FDx Advisors Inc.

FDx Advisors Inc. increased its stake in Lloyds Banking Group PLC (NYSE:LYG) by 25.8% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 246,578 shares of the financial services provider’s stock after purchasing an additional 50,603 shares during the period. FDx Advisors Inc.’s holdings in Lloyds Banking Group PLC were worth $902,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of LYG. Northwestern Mutual Wealth Management Co. raised its position in shares of Lloyds Banking Group PLC by 0.7% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 28,925 shares of the financial services provider’s stock valued at $102,000 after acquiring an additional 215 shares during the last quarter. CAPROCK Group Inc. raised its position in shares of Lloyds Banking Group PLC by 33.1% during the 2nd quarter. CAPROCK Group Inc. now owns 30,718 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 7,632 shares during the last quarter. Keybank National Association OH bought a new stake in shares of Lloyds Banking Group PLC during the 3rd quarter valued at $123,000. Advisor Partners LLC raised its position in shares of Lloyds Banking Group PLC by 107.8% during the 2nd quarter. Advisor Partners LLC now owns 38,591 shares of the financial services provider’s stock valued at $136,000 after acquiring an additional 20,020 shares during the last quarter. Finally, American Asset Management Inc. bought a new stake in shares of Lloyds Banking Group PLC during the 2nd quarter valued at $145,000. Hedge funds and other institutional investors own 2.16% of the company’s stock.

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Several brokerages have recently issued reports on LYG. Zacks Investment Research lowered shares of Lloyds Banking Group PLC from a “buy” rating to a “hold” rating in a report on Friday, August 25th. The Goldman Sachs Group, Inc. reaffirmed a “sell” rating on shares of Lloyds Banking Group PLC in a research note on Wednesday, September 6th. Credit Suisse Group raised shares of Lloyds Banking Group PLC from a “neutral” rating to an “outperform” rating in a research note on Tuesday, October 10th. Finally, BidaskClub lowered shares of Lloyds Banking Group PLC from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 2nd. Six equities research analysts have rated the stock with a sell rating, one has given a hold rating and eight have given a buy rating to the company. Lloyds Banking Group PLC currently has a consensus rating of “Hold” and a consensus price target of $4.00.

Lloyds Banking Group PLC (NYSE:LYG) opened at $3.54 on Friday. The firm has a market cap of $63,866.05, a PE ratio of 6.57 and a beta of 0.75. The company has a quick ratio of 1.39, a current ratio of 1.38 and a debt-to-equity ratio of 1.79. Lloyds Banking Group PLC has a fifty-two week low of $2.86 and a fifty-two week high of $3.87.

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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