Quilter (LON:QLT) Shares Up 0.6% – Still a Buy?

Shares of Quilter plc (LON:QLT) shot up 0.6% during trading on Wednesday . The stock traded as high as GBX 158.40 ($2.04) and last traded at GBX 157.70 ($2.03). 121,404,766 shares changed hands during mid-day trading, an increase of 1,202% from the average session volume of 9,322,353 shares. The stock had previously closed at GBX 156.70 ($2.02).

Quilter Trading Up 0.6 %

The company has a debt-to-equity ratio of 18.69, a current ratio of 1.18 and a quick ratio of 0.05. The firm has a market capitalization of £2.10 billion, a P/E ratio of 42.40, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The business’s 50-day moving average is GBX 156.37 and its 200 day moving average is GBX 148.12.

Quilter (LON:QLT) last released its earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) earnings per share (EPS) for the quarter. Quilter had a return on equity of 3.33% and a net margin of 0.78%. As a group, analysts anticipate that Quilter plc will post 9.004676 EPS for the current fiscal year.

Quilter Increases Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, May 27th. Shareholders of record on Thursday, April 10th will be given a GBX 4.20 ($0.05) dividend. This represents a yield of 2.7%. The ex-dividend date of this dividend is Thursday, April 10th. This is a boost from Quilter’s previous dividend of $1.70. Quilter’s payout ratio is currently 134.44%.

Quilter Company Profile

Quilter is a leading UK and cross-border full-service wealth management business, whose purpose is to help create prosperity for the generations of today and tomorrow. It has leading positions in one of the world’s largest wealth markets, and its multi-channel proposition and investment performance are delivering attractive growth.