IntegraFin (LON:IHP) Trading Down 12.7% – Should You Sell?

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Shore Capital reissued a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft upped their price objective on 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. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 400 ($5.09) target price on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Price Performance

The business has a fifty day moving average of GBX 379.39 and a 200 day moving average of GBX 369.16. 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 stock has a market cap of £1.13 billion, a PE ratio of 2,190.63, a P/E/G ratio of 3.14 and a beta of 1.15.

IntegraFin Increases Dividend

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