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

IntegraFin Holdings plc (LON:IHP) dropped 12.7% during mid-day trading on Wednesday . The stock traded as low as GBX 338 ($4.30) and last traded at GBX 340.50 ($4.33). 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 ($4.96).

Analysts Set New Price Targets

Several research firms recently commented on IHP. Shore Capital restated a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft increased their price target on IntegraFin from GBX 335 ($4.26) to GBX 400 ($5.09) and gave the stock a “hold” rating in a research note on Tuesday, September 10th. Finally, Berenberg Bank restated a “buy” rating and set a GBX 400 ($5.09) price objective on shares of IntegraFin in a research note on Tuesday, October 15th.

IntegraFin Stock Down 12.7 %

The firm has a market cap of £1.13 billion, a price-to-earnings ratio of 2,190.63, a price-to-earnings-growth ratio of 3.14 and a beta of 1.15. The stock’s 50 day moving average is GBX 379.39 and its 200 day moving average is GBX 369.16. The company has a quick ratio of 0.01, a current ratio of 8.80 and a debt-to-equity ratio of 1.73.

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 given a dividend of GBX 7.20 ($0.09) per share. The ex-dividend date is Thursday, January 2nd. This is a boost from IntegraFin’s previous dividend of $3.20. This represents a dividend yield of 1.85%. IntegraFin’s dividend payout ratio (DPR) is 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.