Quilter (LON:QLT) Stock Price Up 0.6% – Should You Buy?

Quilter plc (LON:QLT)’s share price was up 0.6% on Wednesday . The company traded as high as GBX 158.40 ($2.05) and last traded at GBX 157.70 ($2.04). Approximately 121,404,766 shares traded hands during mid-day trading, an increase of 1,202% from the average daily volume of 9,322,353 shares. The stock had previously closed at GBX 156.70 ($2.03).

Quilter Price Performance

The company has a debt-to-equity ratio of 18.69, a quick ratio of 0.05 and a current ratio of 1.18. The stock has a market capitalization of £2.06 billion, a PE ratio of 41.65, a price-to-earnings-growth ratio of 2.50 and a beta of 1.05. The stock’s 50 day moving average is GBX 156.54 and its two-hundred day moving average is GBX 148.32.

Quilter (LON:QLT) last released its earnings results on Wednesday, March 5th. The company reported GBX (2.50) (($0.03)) earnings per share for the quarter. Quilter had a net margin of 0.78% and a return on equity of 3.33%. On average, equities 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 paid a dividend of GBX 4.20 ($0.05) per share. This represents a yield of 2.7%. The ex-dividend date is Thursday, April 10th. This is a boost from Quilter’s previous dividend of $1.70. Quilter’s payout ratio is 134.44%.

About Quilter

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.