XPS Pensions Group (LON:XPS) Trading 11.1% Higher – What’s Next?

Shares of XPS Pensions Group plc (LON:XPS) rose 11.1% during trading on Saturday . The stock traded as high as GBX 397 ($4.99) and last traded at GBX 385.45 ($4.85). Approximately 3,388,795 shares traded hands during mid-day trading, an increase of 125% from the average daily volume of 1,504,858 shares. The stock had previously closed at GBX 347 ($4.37).

Analyst Ratings Changes

Several brokerages recently issued reports on XPS. Shore Capital restated a “hold” rating on shares of XPS Pensions Group in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 435 ($5.47) price objective on shares of XPS Pensions Group in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 401 ($5.04) target price on shares of XPS Pensions Group in a research note on Thursday, November 21st. One research analyst has rated the stock with a hold rating and four have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of GBX 356.50 ($4.48).

XPS Pensions Group Stock Up 11.1 %

The firm has a market cap of £795.95 million, a price-to-earnings ratio of 3.10 and a beta of 0.57. The company has a quick ratio of 1.51, a current ratio of 1.27 and a debt-to-equity ratio of 17.52. The firm has a fifty day moving average price of GBX 343.54 and a 200-day moving average price of GBX 331.31.

XPS Pensions Group (LON:XPS) last issued its quarterly earnings results on Thursday, November 21st. The company reported GBX 9.40 ($0.12) earnings per share (EPS) for the quarter. XPS Pensions Group had a return on equity of 156.24% and a net margin of 128.13%.

XPS Pensions Group Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were given a dividend of GBX 3.70 ($0.05) per share. This represents a dividend yield of 1.03%. The ex-dividend date was Thursday, January 9th. XPS Pensions Group’s payout ratio is currently 8.03%.

Insider Activity at XPS Pensions Group

In other news, insider Alan Bannatyne acquired 13,033 shares of the stock in a transaction that occurred on Thursday, November 21st. The stock was purchased at an average cost of GBX 349 ($4.39) per share, with a total value of £45,485.17 ($57,221.25). 5.14% of the stock is currently owned by corporate insiders.

XPS Pensions Group Company Profile

XPS Group is a leading UK consulting and administration business specialising in the pensions and insurance sectors. A FTSE 250 company, XPS combines expertise and insight with advanced technology and analytics to address the needs of over 1,400 pension schemes and their sponsoring employers on an ongoing and project basis.