Quilter (LON:QLT) Trading 0.6% Higher – Still a Buy?

Quilter plc (LON:QLT) was up 0.6% during trading on Wednesday . The stock traded as high as GBX 158.40 ($2.04) and last traded at GBX 157.70 ($2.03). Approximately 121,404,766 shares changed hands during trading, an increase of 1,202% from the average daily volume of 9,322,353 shares. The stock had previously closed at GBX 156.70 ($2.02).

Quilter Price Performance

The stock has a market cap of £2.10 billion, a price-to-earnings ratio of 42.40, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The company has a 50-day simple moving average of GBX 156.37 and a two-hundred day simple moving average of GBX 148.12.

Quilter (LON:QLT) last posted its quarterly earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) earnings per share (EPS) for the quarter. Quilter had a return on equity of 3.33% and a net margin of 0.78%. As a group, equities research analysts forecast that Quilter plc will post 9.004676 EPS for the current year.

Quilter Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Investors of record on Thursday, April 10th will be issued a dividend of GBX 4.20 ($0.05) per share. The ex-dividend date is Thursday, April 10th. This is a positive change from Quilter’s previous dividend of $1.70. This represents a dividend yield of 2.7%. Quilter’s payout ratio is presently 134.44%.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.