XPS Pensions Group plc (LON:XPS) Insider Ben Bramhall Sells 509,380 Shares

XPS Pensions Group plc (LON:XPS) insider Ben Bramhall sold 509,380 shares of the business’s stock in a transaction on Friday, July 5th. The stock was sold at an average price of GBX 315 ($4.03), for a total transaction of £1,604,547 ($2,055,267.07).

Ben Bramhall also recently made the following trade(s):

• On Wednesday, July 3rd, Ben Bramhall sold 160,965 shares of XPS Pensions Group stock. The stock was sold at an average price of GBX 318 ($4.07), for a total value of £511,868.70 ($655,653.52).

XPS Pensions Group Trading Down 2.5 %

XPS Pensions Group stock opened at GBX 314 ($4.02) on Wednesday. XPS Pensions Group plc has a 12 month low of GBX 180 ($2.31) and a 12 month high of GBX 334 ($4.28). The stock has a market cap of £646.93 million, a price-to-earnings ratio of 4,500.36 and a beta of 0.49. The business has a 50 day moving average price of GBX 273.70 and a two-hundred day moving average price of GBX 243.28. The company has a quick ratio of 1.51, a current ratio of 1.38 and a debt-to-equity ratio of 58.32.

XPS Pensions Group Increases Dividend

The company also recently announced a dividend, which will be paid on Monday, September 23rd. Investors of record on Thursday, August 22nd will be paid a GBX 7 ($0.09) dividend. This represents a dividend yield of 2.59%. This is a positive change from XPS Pensions Group’s previous dividend of $3.00. The ex-dividend date of this dividend is Thursday, August 22nd. XPS Pensions Group’s dividend payout ratio is presently 12,857.14%.

Analysts Set New Price Targets

XPS has been the subject of several recent analyst reports. Canaccord Genuity Group increased their target price on XPS Pensions Group from GBX 280 ($3.59) to GBX 298 ($3.82) and gave the company a “buy” rating in a research note on Thursday, April 11th. Royal Bank of Canada increased their price objective on XPS Pensions Group from GBX 270 ($3.46) to GBX 315 ($4.03) and gave the company an “outperform” rating in a research report on Tuesday, June 11th. Numis Securities reaffirmed a “buy” rating and set a GBX 275 ($3.52) target price on shares of XPS Pensions Group in a research report on Thursday, April 11th. Finally, Shore Capital reissued a “buy” rating on shares of XPS Pensions Group in a report on Thursday, April 11th.

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.