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 report issued on Thursday, MarketBeat reports.

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 332 ($4.18) target price 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 issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 356.50 ($4.49).

XPS Pensions Group Price Performance

LON:XPS opened at GBX 358 ($4.51) on Thursday. The company has a debt-to-equity ratio of 17.51, a current ratio of 1.27 and a quick ratio of 1.51. The firm has a market cap of £740.20 million, a price-to-earnings ratio of 1,432.00 and a beta of 0.57. The company has a 50 day moving average price of GBX 330.14 and a 200-day moving average price of GBX 306.23. XPS Pensions Group has a 1-year low of GBX 194.65 ($2.45) and a 1-year high of GBX 377 ($4.75).

XPS Pensions Group Cuts Dividend

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

Insider Buying and Selling

In other XPS Pensions Group news, insider Snehal Shah sold 66,830 shares of XPS Pensions Group stock in a transaction on Wednesday, October 16th. The shares were sold at an average price of GBX 335 ($4.22), for a total transaction of £223,880.50 ($281,929.86). Also, insider Alan Bannatyne bought 13,033 shares of the stock in a transaction on Thursday, November 21st. The shares were acquired at an average cost of GBX 349 ($4.39) per share, for a total transaction of £45,485.17 ($57,278.89). 5.14% of the stock is owned by insiders.

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.