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

IntegraFin Holdings plc (LON:IHP) dropped 12.7% on Wednesday . The company traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). Approximately 1,859,043 shares were traded 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).

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on IHP. Deutsche Bank Aktiengesellschaft increased their target price 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 set a GBX 400 ($5.03) price target on shares of IntegraFin in a research report on Tuesday, October 15th.

IntegraFin Stock Performance

The company’s 50-day moving average price is GBX 379.09 and its two-hundred day moving average price is GBX 369.15. The company has a market cap of £1.16 billion, a P/E ratio of 2,181.25, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The company has a current ratio of 8.80, a quick ratio of 0.01 and a debt-to-equity ratio of 1.73.

IntegraFin Increases Dividend

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