Quilter (LON:QLT) Stock Price Down 0.9%

Quilter plc (LON:QLT) shares fell 0.9% on Tuesday . The stock traded as low as GBX 128.50 ($1.72) and last traded at GBX 130 ($1.74). 398,115 shares were traded during mid-day trading, a decline of 85% from the average session volume of 2,589,063 shares. The stock had previously closed at GBX 131.20 ($1.76).

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on QLT shares. Berenberg Bank upped their target price on shares of Quilter from GBX 105 ($1.41) to GBX 135 ($1.81) and gave the company a “hold” rating in a research note on Friday, August 9th. Citigroup upgraded shares of Quilter to a “neutral” rating in a research note on Friday, May 31st. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of Quilter in a research note on Tuesday, September 3rd.

Quilter Trading Down 0.9 %

The company’s fifty day moving average price is GBX 134.48 and its two-hundred day moving average price is GBX 119.81. The company has a quick ratio of 0.05, a current ratio of 1.18 and a debt-to-equity ratio of 18.69. The company has a market cap of £1.81 billion, a price-to-earnings ratio of 3,250.00, a price-to-earnings-growth ratio of 2.44 and a beta of 1.05.

Quilter Cuts Dividend

The firm also recently declared a dividend, which was paid on Monday, September 23rd. Investors of record on Thursday, August 29th were issued a dividend of GBX 1.70 ($0.02) per share. The ex-dividend date was Thursday, August 29th. This represents a yield of 1.33%. Quilter’s dividend payout ratio is 12,500.00%.

Quilter Company Profile

Quilter plc provides advice-led investment solutions in the United Kingdom and internationally. It operates through High Net Worth and Affluent segments. The High Net Worth segment provides discretionary investment management services to high-net worth clients, charities, companies, and institutions through a network of branches; and financial advice services for protection, mortgages, savings, investment, and pensions primarily to high-net-worth clients.