IntegraFin (LON:IHP) Trading Down 12.7% – What’s Next?

Shares of IntegraFin Holdings plc (LON:IHP) fell 12.7% during trading on Wednesday . The company traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). 1,859,043 shares changed hands during trading, an increase of 318% from the average session volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Wall Street Analyst Weigh In

A number of brokerages have commented on IHP. Deutsche Bank Aktiengesellschaft upped their price target on IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the stock a “hold” rating in a research report on Tuesday, September 10th. Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.03) target price on shares of IntegraFin in a research note on Tuesday, October 15th. Finally, Shore Capital reiterated a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th.

IntegraFin Trading Down 0.9 %

The company has a market capitalization of £1.16 billion, a PE ratio of 2,181.25, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The company has a debt-to-equity ratio of 1.73, a current ratio of 8.80 and a quick ratio of 0.01. The company’s fifty day moving average is GBX 379.09 and its 200-day moving average is GBX 369.15.

IntegraFin Increases Dividend

The business also recently declared a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be issued a GBX 7.20 ($0.09) dividend. The ex-dividend date of this dividend is Thursday, January 2nd. This is an increase from IntegraFin’s previous dividend of $3.20. This represents a dividend yield of 1.85%. IntegraFin’s dividend payout ratio (DPR) is currently 6,250.00%.

About IntegraFin

IntegraFin Holdings plc, together with its subsidiaries, provides an investment platform for UK financial advisers and their clients. It operates through Investment administration services, Insurance and life assurance business, and Adviser back-office technology segments. The company operates Transact, a wrap platform that enable advisers to consolidate their clients investments using tax efficient wrappers and provide range of investment choice; and Time4Advice (T4A), an adviser practice management solution.