Last $0.73 USD
Change Today +0.0096 / 1.33%
Volume 65.3K
LPHI On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 12/19/14 All times are local (Market data is delayed by at least 15 minutes).

life partners holdings inc (LPHI) Snapshot

Open
$0.71
Previous Close
$0.72
Day High
$0.80
Day Low
$0.71
52 Week High
03/13/14 - $3.30
52 Week Low
12/18/14 - $0.70
Market Cap
13.6M
Average Volume 10 Days
46.4K
EPS TTM
$-0.37
Shares Outstanding
18.6M
EX-Date
09/11/14
P/E TM
--
Dividend
$0.20
Dividend Yield
26.32%
Current Stock Chart for LIFE PARTNERS HOLDINGS INC (LPHI)

life partners holdings inc (LPHI) Related Businessweek News

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life partners holdings inc (LPHI) Details

Life Partners Holdings, Inc., through its subsidiary, Life Partners, Inc., operates in the secondary market for life insurance worldwide. It facilitates the sale of life settlements between sellers and purchasers, but does not take possession or control of the policies. The company provides insurance policies to the purchasers at a discount to their face value for investment purposes; and purchasing services for life settlements. It primarily serves institutional purchasers, such as investment funds; and retail purchasers, including high net worth individuals. Life Partners Holdings, Inc. was founded in 1971 and is based in Waco, Texas.

54 Employees
Last Reported Date: 05/28/14
Founded in 1971

life partners holdings inc (LPHI) Top Compensated Officers

Chairman, Chief Executive Officer, President ...
Total Annual Compensation: $629.9K
Chief Financial Officer and Principal Account...
Total Annual Compensation: $296.5K
General Counsel, Secretary, Director and Pres...
Total Annual Compensation: $197.3K
Chief Information Officer of Life Partners In...
Total Annual Compensation: $218.5K
Vice President of Policy Administration - Lif...
Total Annual Compensation: $199.2K
Compensation as of Fiscal Year 2014.

life partners holdings inc (LPHI) Key Developments

Life Partners to Pay $47 Million or False SEC Filings

Life Partners Holdings Inc. and two of its executives were ordered to pay $46.9 million by a federal judge for filing false or misleading reports with the regulator. The Securities and Exchange Commission sued the Texas company in 2012, stating it misled investors by underestimating the life expectancies of the insured. The company sells marginal interests on life insurance policies to investors, who get the death benefits when the insured die. A jury verdict of civil fraud against the company and the executives were thrown out in March by the court, but the finding about filing false or misleading reports remained. The company has now been ordered to pay back $15 million in illegal profits and $23.7 million in civil penalty.

Life Partners Holdings, Inc. Announces Quarterly Dividend Payable on or About September 17, 2014

Life Partners Holdings, Inc. announced that it would pay a quarterly dividend of $0.05 per share to be paid on or about September 17, 2014 for shareholders of record as of September 15, 2014.

Life Partners Holdings, Inc., Annual General Meeting, Aug 04, 2014

Life Partners Holdings, Inc., Annual General Meeting, Aug 04, 2014., at 11:00 Central Standard Time. Location: corporate offices. Agenda: To consider election of four directors, each to serve for a term of one year; to ratifying the selection of Whitley Penn LLP, as independent auditors for the year ending February 28, 2015; to consider holding a non-binding, advisory vote on executive compensation; and to transact any other business properly brought before the annual meeting or any adjournment or postponement of the annual meeting.

 

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LPHI

Industry Average

Valuation LPHI Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book 1.2x
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.6x
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