XPS Pensions Group (LON:XPS) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of XPS Pensions Group plc (LON:XPS) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 347.25 ($4.40) and traded as high as GBX 357.94 ($4.54). XPS Pensions Group shares last traded at GBX 354 ($4.49), with a volume of 2,688,410 shares traded.

Wall Street Analyst Weigh In

XPS has been the topic of several research analyst reports. Canaccord Genuity Group restated a “buy” rating and set a GBX 401 ($5.08) target price on shares of XPS Pensions Group in a research report on Thursday, November 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 435 ($5.51) price target on shares of XPS Pensions Group in a report on Friday, November 22nd. Finally, Shore Capital reiterated a “hold” rating on shares of XPS Pensions Group in a research note 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 stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 356.50 ($4.52).

XPS Pensions Group Price Performance

The business has a 50-day moving average of GBX 347.25 and a 200 day moving average of GBX 314.51. The firm has a market capitalization of £725.73 million, a P/E ratio of 1,416.00 and a beta of 0.57. 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 Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, February 7th. Stockholders of record on Thursday, January 9th will be given a dividend of GBX 3.70 ($0.05) per share. This represents a dividend yield of 1.03%. The ex-dividend date is Thursday, January 9th. XPS Pensions Group’s payout ratio is 4,000.00%.

Insider Activity at XPS Pensions Group

In other news, insider Alan Bannatyne bought 13,033 shares of XPS Pensions Group stock in a transaction dated Thursday, November 21st. The stock was purchased at an average price of GBX 349 ($4.42) per share, for a total transaction of £45,485.17 ($57,656.45). Also, insider Snehal Shah sold 66,830 shares of the stock in a transaction dated Wednesday, October 16th. The shares were sold at an average price of GBX 335 ($4.25), for a total transaction of £223,880.50 ($283,788.19). 5.14% of the stock is currently owned by insiders.

XPS Pensions Group Company Profile

XPS Pensions Group plc, together with its subsidiaries, provides employee benefit consultancy and related business services in the United Kingdom. It offers pension advisory; independent consultancy; DB master trust schemes; and self-invested personal pension (SIPP) and SSAS pension services. The company also provides pension administer services, such as payroll, scheme administration, outsourcing, payroll, scheme accounting, and scam identification and protection services, as well as member communication, de-risking projects, GMP equalization, data audits and cleansing, and trustee secretarial services.