XPS Pensions Group (LON:XPS) Hits New 52-Week High at $269.00

XPS Pensions Group plc (LON:XPS) hit a new 52-week high during trading 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 trading hands. The stock had previously closed at GBX 256 ($3.19).

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Shore Capital restated a “buy” rating on shares of XPS Pensions Group in a research note on Thursday, April 11th. Numis Securities reiterated a “buy” rating and issued a GBX 275 ($3.42) price target on shares of XPS Pensions Group in a research report on Thursday, April 11th. Finally, Canaccord Genuity Group upped their price target on 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.

XPS Pensions Group Stock Up 0.4 %

The firm has a fifty day moving average price of GBX 229.07 and a 200 day moving average price of GBX 221.44. The company has a quick ratio of 1.51, a current ratio of 1.38 and a debt-to-equity ratio of 58.32. The company has a market cap of £502.71 million, a P/E ratio of 3,471.43 and a beta of 0.54.

XPS Pensions Group Cuts Dividend

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