XPS Pensions Group (LON:XPS) Hits New 12-Month High at $269.00

XPS Pensions Group plc (LON:XPS)’s stock price reached a new 52-week high on Wednesday . The company traded as high as GBX 269 ($3.35) and last traded at GBX 261 ($3.25), with a volume of 11558 shares changing hands. The stock had previously closed at GBX 256 ($3.19).

Analysts Set New Price Targets

A number of equities analysts have weighed in on XPS shares. Canaccord Genuity Group upped their price objective on shares of XPS Pensions Group from GBX 280 ($3.49) to GBX 298 ($3.71) and gave the company a “buy” rating in a research report on Thursday, April 11th. Shore Capital restated a “buy” rating on shares of XPS Pensions Group in a research note on Thursday, April 11th. Finally, Numis Securities restated a “buy” rating and issued a GBX 275 ($3.42) target price on shares of XPS Pensions Group in a research note on Thursday, April 11th.

XPS Pensions Group Trading Up 1.6 %

The firm has a market cap of £535.68 million, a price-to-earnings ratio of 3,657.14 and a beta of 0.54. The business’s 50 day moving average price is GBX 227.31 and its 200-day moving average price is GBX 220.87. The company has a debt-to-equity ratio of 58.32, a quick ratio of 1.51 and a current ratio of 1.38.

XPS Pensions Group Cuts Dividend

The business also recently announced a dividend, which was paid on Monday, February 5th. Stockholders of record on Thursday, January 11th were paid a GBX 3 ($0.04) dividend. The ex-dividend date was Thursday, January 11th. This represents a dividend yield of 1.33%. XPS Pensions Group’s dividend payout ratio (DPR) is presently 12,857.14%.

About XPS Pensions Group

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. The company offers advisory services to pension schemes and corporate sponsors; independent investment advisory services; DB and DC master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services.