XPS Pensions Group (LON:XPS) Receives Hold Rating from Shore Capital

Shore Capital reissued their hold rating on shares of XPS Pensions Group (LON:XPS) in a research report released on Thursday morning, Marketbeat reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 332 ($4.18) target price on shares of XPS Pensions Group in a report on Wednesday, October 16th.

XPS Pensions Group Price Performance

Shares of LON:XPS opened at GBX 353 ($4.44) on Thursday. The company has a debt-to-equity ratio of 17.51, a quick ratio of 1.51 and a current ratio of 1.27. The firm has a market cap of £729.86 million, a price-to-earnings ratio of 1,428.00 and a beta of 0.57. The firm has a fifty day moving average price of GBX 328.88 and a 200 day moving average price of GBX 305.50. XPS Pensions Group has a fifty-two week low of GBX 194.65 ($2.45) and a fifty-two week high of GBX 377 ($4.75).

XPS Pensions Group Cuts Dividend

The firm also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be issued a GBX 3.70 ($0.05) dividend. The ex-dividend date is Thursday, January 9th. This represents a dividend yield of 1.03%. XPS Pensions Group’s dividend payout ratio (DPR) is presently 4,000.00%.

Insider Activity

In related news, insider Snehal Shah sold 66,830 shares of the stock in a transaction on Wednesday, October 16th. The stock was sold at an average price of GBX 335 ($4.22), for a total transaction of £223,880.50 ($281,858.87). Also, insider Alan Bannatyne purchased 13,033 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was bought at an average price of GBX 349 ($4.39) per share, with a total value of £45,485.17 ($57,264.47). Corporate insiders own 5.14% of the company’s stock.

XPS Pensions Group Company Profile

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.