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

XPS Pensions Group plc (LON:XPS) shares rose 11.1% 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).

Analyst Ratings Changes

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

XPS Pensions Group Stock Up 11.1 %

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 market cap of £795.95 million, a price-to-earnings ratio of 3.10 and a beta of 0.57. The stock’s 50 day moving average is GBX 343.54 and its 200 day moving average is GBX 331.16.

XPS Pensions Group (LON:XPS) last posted 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 net margin of 128.13% and a return on equity of 156.24%.

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

Insiders Place Their Bets

In other XPS Pensions Group news, insider Alan Bannatyne purchased 13,033 shares of the firm’s stock in a transaction on Thursday, November 21st. The shares were purchased at an average price of GBX 349 ($4.39) per share, for a total transaction of £45,485.17 ($57,250.06). 5.14% of the stock is currently owned by company 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.