XPS Pensions Group (LON:XPS) Stock Price Up 11.1% - Here's What Happened

XPS Pensions Group plc (LON:XPS - Get Free Report)'s share price rose 11.1% during mid-day trading on Friday . The company traded as high as GBX 397 ($5.01) and last traded at GBX 385.45 ($4.86). Approximately 3,388,795 shares were traded during trading, an increase of 125% from the average daily volume of 1,504,858 shares. The stock had previously closed at GBX 347 ($4.38).

Analyst Ratings Changes

XPS has been the subject of a number of analyst reports. Shore Capital reissued a "hold" rating on shares of XPS Pensions Group in a research note on Thursday, November 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a GBX 435 ($5.49) target price on shares of XPS Pensions Group in a research note on Friday, November 22nd. Finally, Canaccord Genuity Group reissued a "buy" rating and set a GBX 401 ($5.06) 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 issued a buy rating to the company. According to data from MarketBeat, XPS Pensions Group currently has an average rating of "Moderate Buy" and an average target price of GBX 356.50 ($4.50).

XPS Pensions Group Trading Down 0.8 %

The business's 50 day moving average price is GBX 344.50 and its two-hundred day moving average price is GBX 331.87. The company has a market capitalization of £827.39 million, a price-to-earnings ratio of 3.22 and a beta of 0.57. The company has a debt-to-equity ratio of 17.52, a quick ratio of 1.51 and a current ratio of 1.27.

XPS Pensions Group (LON:XPS - Get Free Report) last issued 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 net margin of 128.13% and a return on equity of 156.24%.

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 paid a GBX 3.70 ($0.05) dividend. This represents a dividend yield of 1.03%. The ex-dividend date of this dividend was Thursday, January 9th. XPS Pensions Group's dividend payout ratio is currently 8.03%.

Insider Buying and Selling

In other XPS Pensions Group news, insider Alan Bannatyne bought 13,033 shares of the company's stock in a transaction that occurred on Thursday, November 21st. The shares were acquired at an average cost of GBX 349 ($4.40) per share, for a total transaction of £45,485.17 ($57,387.29). Insiders own 5.14% of the company's stock.

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.