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

IntegraFin Holdings plc (LON:IHP)’s stock price fell 12.7% during mid-day 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 traded 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 ($4.90).

Analysts Set New Price Targets

A number of research firms have recently commented on IHP. Deutsche Bank Aktiengesellschaft lifted their price objective 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. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 400 ($5.03) price target on shares of IntegraFin in a research report on Tuesday, October 15th. Finally, Shore Capital restated a “hold” rating on shares of IntegraFin in a research note on Tuesday, October 15th.

IntegraFin Price Performance

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 stock’s 50-day moving average price is GBX 379.07 and its 200 day moving average price is GBX 369.13. The firm has a market cap of £1.12 billion, a price-to-earnings ratio of 2,118.75, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15.

IntegraFin Increases Dividend

The company 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 is a boost from IntegraFin’s previous dividend of $3.20. The ex-dividend date of this dividend is Thursday, January 2nd. This represents a yield of 1.85%. IntegraFin’s dividend payout ratio 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.