XPS Pensions Group (LON:XPS) Trading 11.1% Higher – Should You Buy?

XPS Pensions Group plc (LON:XPS)’s stock price traded up 11.1% during mid-day trading on Saturday . The stock traded as high as GBX 397 ($5.00) and last traded at GBX 385.45 ($4.85). 3,388,795 shares were traded during trading, an increase of 125% from the average session volume of 1,504,858 shares. The stock had previously closed at GBX 347 ($4.37).

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 401 ($5.05) price objective on shares of XPS Pensions Group in a research report on Thursday, November 21st. Shore Capital reaffirmed a “hold” rating on shares of XPS Pensions Group in a research report on Thursday, November 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a GBX 435 ($5.48) price objective on shares of XPS Pensions Group in a research report on Friday, November 22nd. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. Based on data from MarketBeat.com, XPS Pensions Group has an average rating of “Moderate Buy” and an average price target of GBX 356.50 ($4.49).

XPS Pensions Group Trading Up 11.1 %

The firm has a market capitalization of £795.95 million, a PE ratio of 3.10 and a beta of 0.57. The company has a current ratio of 1.27, a quick ratio of 1.51 and a debt-to-equity ratio of 17.52. The business has a 50 day moving average price of GBX 343.54 and a 200-day moving average price of GBX 331.16.

XPS Pensions Group (LON:XPS) last released its quarterly earnings results on Thursday, November 21st. The company reported GBX 9.40 ($0.12) earnings per share 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 firm also recently declared a dividend, which was paid on Friday, February 7th. Shareholders of record on Thursday, January 9th were paid 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 dividend payout ratio is presently 8.03%.

Insider Buying and Selling

In other news, insider Alan Bannatyne bought 13,033 shares of the business’s stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average cost of GBX 349 ($4.39) per share, with a total value of £45,485.17 ($57,250.06). Corporate insiders own 5.14% of the company’s stock.

About XPS Pensions Group

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.