IntegraFin (LON:IHP) Trading Down 12.7% – Here’s What Happened

IntegraFin Holdings plc (LON:IHP)’s share price fell 12.7% during mid-day trading on Wednesday . The stock 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).

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on IHP shares. Berenberg Bank reiterated a “buy” rating and set a GBX 400 ($5.03) price target on shares of IntegraFin in a report on Tuesday, October 15th. Shore Capital reiterated a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft increased 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 note on Tuesday, September 10th.

IntegraFin Stock Performance

The firm 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 quick ratio of 0.01 and a current ratio of 8.80. The company’s fifty day moving average price is GBX 379.09 and its two-hundred day moving average price is GBX 369.15.

IntegraFin Increases Dividend

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