IntegraFin Holdings plc (LON:IHP – Get Free Report) fell 12.7% during trading on Thursday . The stock traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). 1,859,043 shares were traded 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).
Analyst Ratings Changes
A number of brokerages have recently weighed in on IHP. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.03) price objective on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a report on Tuesday, September 10th.
Check Out Our Latest Stock Analysis on IHP
IntegraFin Stock Performance
IntegraFin Increases Dividend
The business also recently disclosed a dividend, which will be paid on Friday, January 31st. Stockholders of record on Thursday, January 2nd will be paid a dividend of GBX 7.20 ($0.09) per share. This is a boost from IntegraFin’s previous dividend of $3.20. This represents a dividend yield of 1.85%. The ex-dividend date of this dividend is Thursday, January 2nd. IntegraFin’s dividend payout ratio (DPR) is 6,250.00%.
IntegraFin Company Profile
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.
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