XPS Pensions Group (LON:XPS) Receives “Buy” Rating from Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reaffirmed their buy rating on shares of XPS Pensions Group (LON:XPS) in a research note issued to investors on Friday, Marketbeat Ratings reports. Deutsche Bank Aktiengesellschaft currently has a GBX 435 ($5.48) price objective on the stock.

Several other equities analysts also recently issued reports on the company. Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 401 ($5.05) price objective on shares of XPS Pensions Group in a research report on Thursday. Shore Capital reiterated a “hold” rating on shares of XPS Pensions Group in a research report on Thursday. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of GBX 356.50 ($4.49).

XPS Pensions Group Trading Up 0.3 %

Shares of XPS opened at GBX 358 ($4.51) on Friday. The stock has a fifty day moving average price of GBX 330.14 and a two-hundred day moving average price of 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 has a 52-week low of GBX 194.65 ($2.45) and a 52-week high of GBX 377 ($4.75). The company has a market cap of £740.20 million, a price-to-earnings ratio of 1,432.00 and a beta of 0.57.

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 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%.

Insider Activity

In other news, insider Alan Bannatyne bought 13,033 shares of the stock in a transaction dated Thursday, November 21st. The stock was bought at an average cost of GBX 349 ($4.39) per share, with a total value of £45,485.17 ($57,278.89). Also, 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 value of £223,880.50 ($281,929.86). Insiders own 5.14% of the company’s stock.

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.