XPS Pensions Group (LON:XPS) Sets New 12-Month High at $306.60

XPS Pensions Group plc (LON:XPS)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as GBX 306.60 ($3.88) and last traded at GBX 306.60 ($3.88), with a volume of 63371 shares trading hands. The stock had previously closed at GBX 299.07 ($3.78).

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on XPS shares. Shore Capital reaffirmed a “buy” rating on shares of XPS Pensions Group in a research report on Thursday, April 11th. Canaccord Genuity Group lifted their price objective on XPS Pensions Group from GBX 280 ($3.54) to GBX 298 ($3.77) and gave the company a “buy” rating in a research note on Thursday, April 11th. Numis Securities reissued a “buy” rating and set a GBX 275 ($3.48) target price on shares of XPS Pensions Group in a research note on Thursday, April 11th. Finally, Royal Bank of Canada lifted their target price on XPS Pensions Group from GBX 270 ($3.42) to GBX 315 ($3.98) and gave the company an “outperform” rating in a research report on Tuesday, June 11th.

XPS Pensions Group Trading Up 0.3 %

The firm has a market cap of £655.18 million, a price-to-earnings ratio of 4,528.57 and a beta of 0.49. The company has a debt-to-equity ratio of 58.32, a current ratio of 1.38 and a quick ratio of 1.51. The company’s 50 day simple moving average is GBX 267.58 and its 200 day simple moving average is GBX 240.29.

XPS Pensions Group Increases Dividend

The business also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Thursday, August 22nd will be paid a dividend of GBX 7 ($0.09) per share. This represents a yield of 2.59%. This is a boost from XPS Pensions Group’s previous dividend of $3.00. The ex-dividend date of this dividend is Thursday, August 22nd. XPS Pensions Group’s payout ratio is presently 12,857.14%.

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. The company offers advisory services to pension schemes and corporate sponsors; independent investment advisory services; DB and DC master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services.