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

Shore Capital restated their hold rating on shares of XPS Pensions Group (LON:XPS) in a report released on Thursday, MarketBeat Ratings reports.

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 332 ($4.18) price objective on shares of XPS Pensions Group in a research note on Wednesday, October 16th.

XPS Pensions Group Stock Down 1.1 %

XPS stock opened at GBX 353 ($4.44) on Thursday. The company has a market cap of £729.86 million, a price-to-earnings ratio of 1,428.00 and a beta of 0.57. The company has a debt-to-equity ratio of 17.51, a quick ratio of 1.51 and a current ratio of 1.27. The business’s 50-day moving average is GBX 328.88 and its two-hundred day moving average is GBX 305.50. XPS Pensions Group has a fifty-two week low of GBX 194.65 ($2.45) and a fifty-two week high of GBX 377 ($4.75).

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 dividend of GBX 3.70 ($0.05) per share. The ex-dividend date of this dividend is Thursday, January 9th. This represents a yield of 1.03%. XPS Pensions Group’s dividend payout ratio (DPR) is presently 4,000.00%.

Insiders Place Their Bets

In related 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 ($281,858.87). Also, insider Alan Bannatyne purchased 13,033 shares of the business’s stock in a transaction on Thursday, November 21st. The stock was acquired at an average price of GBX 349 ($4.39) per share, with a total value of £45,485.17 ($57,264.47). Company 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.