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

IntegraFin Holdings plc (LON:IHP)’s stock price fell 12.7% during mid-day trading on Wednesday . The company traded as low as GBX 338 ($4.30) and last traded at GBX 340.50 ($4.33). 1,859,043 shares traded hands during trading, an increase of 318% from the average session volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.96).

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on IHP shares. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a report on Tuesday, October 15th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 400 ($5.09) price objective on shares of IntegraFin in a research note on Tuesday, October 15th. Finally, Deutsche Bank Aktiengesellschaft upped their target price on shares of IntegraFin from GBX 335 ($4.26) to GBX 400 ($5.09) and gave the stock a “hold” rating in a report on Tuesday, September 10th.

IntegraFin Stock Performance

The firm has a market capitalization of £1.13 billion, a PE ratio of 2,190.63, a PEG ratio of 3.14 and a beta of 1.15. The company has a quick ratio of 0.01, a current ratio of 8.80 and a debt-to-equity ratio of 1.73. The company has a 50-day moving average of GBX 379.39 and a 200 day moving average of GBX 369.16.

IntegraFin Increases Dividend

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