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

IntegraFin Holdings plc (LON:IHP)’s stock price was down 12.7% on Wednesday . The stock traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). Approximately 1,859,043 shares changed hands during trading, an increase of 318% from the average daily volume of 444,495 shares. The stock had previously closed at GBX 390 ($4.90).

Analysts Set New Price Targets

IHP has been the topic of a number of research reports. Deutsche Bank Aktiengesellschaft boosted their target price on shares of IntegraFin from GBX 335 ($4.21) to GBX 400 ($5.03) and gave the stock a “hold” rating in a report 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 report on Tuesday, October 15th. Finally, Shore Capital reiterated a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th.

IntegraFin Trading Down 0.9 %

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 stock has a market cap of £1.16 billion, a price-to-earnings ratio of 2,181.25, a P/E/G ratio of 3.14 and a beta of 1.15. The company has a fifty day simple moving average of GBX 379.09 and a 200-day simple moving average of GBX 369.15.

IntegraFin Increases Dividend

The company also recently declared 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. The ex-dividend date is Thursday, January 2nd. This represents a dividend yield of 1.85%. This is a positive change from IntegraFin’s previous dividend of $3.20. IntegraFin’s payout ratio is currently 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.