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

IntegraFin Holdings plc (LON:IHP)’s share price fell 12.7% during 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 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).

Analysts Set New Price Targets

A number of research analysts have commented on IHP shares. Deutsche Bank Aktiengesellschaft increased their price target on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the company a “hold” rating in a research report on Tuesday, September 10th. Shore Capital restated a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 400 ($5.03) price objective on shares of IntegraFin in a report on Tuesday, October 15th.

IntegraFin Stock Performance

The business’s 50 day simple moving average is GBX 379.39 and its two-hundred day simple moving average is GBX 369.16. The company has a current ratio of 8.80, a quick ratio of 0.01 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of £1.13 billion, a P/E ratio of 2,190.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15.

IntegraFin Increases Dividend

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