XPS Pensions Group’s (XPS) Hold Rating Reiterated at Shore Capital

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

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 332 ($4.16) price target on shares of XPS Pensions Group in a report on Wednesday, October 16th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of GBX 356.50 ($4.47).

XPS Pensions Group Stock Performance

XPS Pensions Group stock opened at GBX 358 ($4.49) on Thursday. The firm has a market capitalization of £740.20 million, a PE ratio of 1,432.00 and a beta of 0.57. XPS Pensions Group has a one year low of GBX 194.65 ($2.44) and a one year high of GBX 377 ($4.73). 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 debt-to-equity ratio of 17.51, a quick ratio of 1.51 and a current ratio of 1.27.

XPS Pensions Group Cuts Dividend

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

Insider Transactions at XPS Pensions Group

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 ($4.20), for a total value of £223,880.50 ($280,657.52). Also, insider Alan Bannatyne bought 13,033 shares of the firm’s stock in a transaction on Thursday, November 21st. The stock was purchased at an average price of GBX 349 ($4.38) per share, with a total value of £45,485.17 ($57,020.40). Company 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.