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

Shares of XPS Pensions Group plc (LON:XPS - Get Free Report) rose 11.1% during trading on Saturday . The company traded as high as GBX 397 ($5.00) and last traded at GBX 385.45 ($4.85). 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 ($4.37).

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a GBX 435 ($5.47) target price on shares of XPS Pensions Group in a research report on Friday, November 22nd. Shore Capital restated a "hold" rating on shares of XPS Pensions Group in a research note on Thursday, November 21st. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a GBX 401 ($5.05) price target on shares of XPS Pensions Group in a research report on Thursday, November 21st. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of GBX 356.50 ($4.49).

XPS Pensions Group Stock Up 0.2 %

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 company has a 50 day simple moving average of GBX 346.62 and a two-hundred day simple moving average of GBX 332.88. The firm has a market capitalization of £838.38 million, a P/E ratio of 3.26 and a beta of 0.57.

XPS Pensions Group (LON:XPS - Get Free Report) last issued its 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 company also recently announced a dividend, which was paid on Friday, February 7th. Stockholders of record on Thursday, January 9th were issued a GBX 3.70 ($0.05) dividend. The ex-dividend date was Thursday, January 9th. This represents a dividend yield of 1.03%. XPS Pensions Group's dividend payout ratio (DPR) is 8.03%.

Insider Activity at XPS Pensions Group

In other XPS Pensions Group news, insider Alan Bannatyne purchased 13,033 shares of XPS Pensions Group stock in a transaction that occurred on Thursday, November 21st. The shares were bought at an average price of GBX 349 ($4.39) per share, for a total transaction of £45,485.17 ($57,235.65). 5.14% of the stock is 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.