XPS Pensions Group plc (LON:XPS) Plans GBX 3.70 Dividend

XPS Pensions Group plc (LON:XPS) announced a dividend on Friday, November 21st,Upcoming Dividends.Co.Uk reports. Shareholders of record on Thursday, January 9th will be given a dividend of GBX 3.70 ($0.05) per share on Friday, February 7th. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, January 9th. The official announcement can be seen at this link.

XPS Pensions Group Stock Down 2.8 %

Shares of LON:XPS opened at GBX 332.50 ($4.16) on Tuesday. The stock has a market capitalization of £687.48 million, a P/E ratio of 1,330.00 and a beta of 0.57. The stock’s 50-day moving average price is GBX 353.99 and its 200-day moving average price is GBX 325.06. The company has a current ratio of 1.27, a quick ratio of 1.51 and a debt-to-equity ratio of 17.51. XPS Pensions Group has a 12-month low of GBX 194.65 ($2.44) and a 12-month high of GBX 377 ($4.72).

Insider Activity at XPS Pensions Group

In other news, insider Alan Bannatyne bought 13,033 shares of the stock in a transaction dated Thursday, November 21st. The stock was bought at an average price of GBX 349 ($4.37) per share, for a total transaction of £45,485.17 ($56,906.26). Also, insider Snehal Shah sold 66,830 shares of XPS Pensions Group stock in a transaction that occurred on Wednesday, October 16th. The shares were sold at an average price of GBX 335 ($4.19), for a total value of £223,880.50 ($280,095.71). 5.14% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on XPS. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a GBX 435 ($5.44) price objective on shares of XPS Pensions Group in a research report on Friday, November 22nd. Shore Capital reiterated a “hold” rating on shares of XPS Pensions Group in a report on Thursday, November 21st. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 401 ($5.02) price target on shares of XPS Pensions Group in a report on Thursday, November 21st. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 356.50 ($4.46).

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.