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

IntegraFin Holdings plc (LON:IHP)’s share price was down 12.7% during mid-day trading on Wednesday . The company traded as low as GBX 338 ($4.25) and last traded at GBX 340.50 ($4.28). 1,859,043 shares were traded 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).

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on IHP shares. Shore Capital reaffirmed a “hold” rating on shares of IntegraFin in a research report on Tuesday, October 15th. Deutsche Bank Aktiengesellschaft lifted their price target on 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. 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 Price Performance

The firm has a market cap of £1.16 billion, a PE 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. The company has a 50 day moving average price of GBX 379.09 and a 200 day moving average price of GBX 369.15.

IntegraFin Increases Dividend

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