XPS Pensions Group (LON:XPS) Receives “Buy” Rating from Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of XPS Pensions Group (LON:XPS) in a report released on Thursday, MarketBeat Ratings reports. Canaccord Genuity Group currently has a GBX 401 ($5.03) price target on the stock.

Separately, Shore Capital reiterated a “hold” rating on shares of XPS Pensions Group in a research report on Thursday. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat.com, XPS Pensions Group presently has a consensus rating of “Moderate Buy” and an average price target of GBX 356.50 ($4.47).

XPS Pensions Group Stock Performance

LON:XPS opened at GBX 358 ($4.49) on Thursday. 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 fifty-two week low of GBX 194.65 ($2.44) and a fifty-two week high of GBX 377 ($4.73). The company has a 50 day simple moving average of GBX 330.14 and a two-hundred day simple moving average of GBX 306.23. The company has a market capitalization of £740.20 million, a PE ratio of 1,432.00 and a beta of 0.57.

XPS Pensions Group Cuts Dividend

The firm also recently declared 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. This represents a yield of 1.03%. The ex-dividend date is Thursday, January 9th. XPS Pensions Group’s dividend payout ratio (DPR) is presently 4,000.00%.

Insider Transactions at XPS Pensions Group

In other news, insider Alan Bannatyne bought 13,033 shares of the firm’s stock in a transaction that occurred on Thursday, November 21st. The stock was acquired at an average cost of GBX 349 ($4.38) per share, with a total value of £45,485.17 ($57,020.40). Also, insider Snehal Shah sold 66,830 shares of the company’s stock in a transaction that occurred 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). 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.