Insider Buying: XPS Pensions Group plc (LON:XPS) Insider Purchases 13,033 Shares of Stock

XPS Pensions Group plc (LON:XPS) insider Alan Bannatyne bought 13,033 shares of XPS Pensions Group stock in a transaction on Thursday, November 21st. The shares were bought at an average price of GBX 349 ($4.42) per share, for a total transaction of £45,485.17 ($57,554.31).

XPS Pensions Group Price Performance

Shares of LON XPS traded down GBX 0.68 ($0.01) during mid-day trading on Thursday, reaching GBX 357.32 ($4.52). The company’s stock had a trading volume of 1,277,575 shares, compared to its average volume of 912,015. The stock has a market capitalization of £738.79 million, a P/E ratio of 1,432.00 and a beta of 0.57. The company has a debt-to-equity ratio of 17.51, a quick ratio of 1.51 and a current ratio of 1.27. XPS Pensions Group plc has a 1-year low of GBX 194.65 ($2.46) and a 1-year high of GBX 377 ($4.77). The stock has a 50-day moving average of GBX 327.54 and a two-hundred day moving average of GBX 304.76.

XPS Pensions Group Cuts Dividend

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

Analyst Ratings Changes

A number of brokerages have issued reports on XPS. Shore Capital reaffirmed a “hold” rating on shares of XPS Pensions Group in a report on Thursday. Canaccord Genuity Group reissued a “buy” rating and set a GBX 401 ($5.07) price objective on shares of XPS Pensions Group in a report on Thursday.

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.