Insider Buying: XPS Pensions Group plc (LON:XPS) Insider Buys £45,485.17 in Stock

XPS Pensions Group plc (LON:XPS) insider Alan Bannatyne acquired 13,033 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was bought at an average price of GBX 349 ($4.38) per share, with a total value of £45,485.17 ($57,020.40).

XPS Pensions Group Stock Performance

Shares of XPS stock opened at GBX 358 ($4.49) on Friday. The stock’s 50-day moving average price is GBX 330.14 and its 200 day moving average price is GBX 306.23. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.51. The stock has a market capitalization of £740.20 million, a PE ratio of 1,432.00 and a beta of 0.57. XPS Pensions Group plc has a 52-week low of GBX 194.65 ($2.44) and a 52-week high of GBX 377 ($4.73).

XPS Pensions Group Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, February 7th. Shareholders of record on Thursday, January 9th will be paid 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 currently 4,000.00%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on XPS. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a GBX 435 ($5.45) target price on shares of XPS Pensions Group in a report on Friday. Shore Capital reiterated a “hold” rating on shares of XPS Pensions Group in a research note on Thursday. Finally, Canaccord Genuity Group restated a “buy” rating and set a GBX 401 ($5.03) target price on shares of XPS Pensions Group in a research report on Thursday. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of GBX 356.50 ($4.47).

About XPS Pensions Group

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.