O Keefe Stevens Advisory Inc. Has $380,000 Stake in Lloyds Banking Group plc (NYSE:LYG)

O Keefe Stevens Advisory Inc. grew its holdings in Lloyds Banking Group plc (NYSE:LYG) by 42.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 139,686 shares of the financial services provider’s stock after purchasing an additional 41,868 shares during the quarter. O Keefe Stevens Advisory Inc.’s holdings in Lloyds Banking Group were worth $380,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the business. Tcwp LLC bought a new position in shares of Lloyds Banking Group in the second quarter worth about $32,000. Aletheian Wealth Advisors LLC acquired a new position in Lloyds Banking Group during the 3rd quarter worth $34,000. Insigneo Advisory Services LLC bought a new position in Lloyds Banking Group in the 2nd quarter valued at $42,000. Arkadios Wealth Advisors acquired a new position in shares of Lloyds Banking Group during the third quarter valued at $42,000. Finally, Lazari Capital Management Inc. bought a new position in Lloyds Banking Group in the second quarter valued at about $46,000. Institutional investors own 2.15% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on LYG. Morgan Stanley downgraded shares of Lloyds Banking Group from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, October 30th. The Goldman Sachs Group began coverage on shares of Lloyds Banking Group in a research note on Friday, October 4th. They set a “neutral” rating on the stock. Seven analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $2.75.

Lloyds Banking Group Stock Up 0.9 %

Lloyds Banking Group stock opened at $2.86 on Friday. Lloyds Banking Group plc has a twelve month low of $2.00 and a twelve month high of $3.24. The company has a 50 day moving average of $2.72 and a 200-day moving average of $2.91. The stock has a market capitalization of $43.26 billion, a PE ratio of 7.32 and a beta of 1.31.

Lloyds Banking Group Company Profile

Lloyds Banking Group plc, together with its subsidiaries, provides a range of banking and financial services in the United Kingdom and internationally. It operates in three segments: Retail; Commercial Banking; and Insurance, Pensions and Investments. The Retail segment offers a range of financial service products, including current accounts, savings, mortgages, motor finance, unsecured loans, leasing solutions, and credit cards to personal customers.