Pinnacle Investment Management Group Ltd (ASX: PNI) Share Price and News

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Pinnacle Investment Management Group Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $3.25 billion
P/E Ratio 44.25
Dividend Yield 1.78%
Shares Outstanding 192.92 million
Earnings per share 0.365
Dividend per share 0.34
Year To Date Return 131.23%
Earnings Yield 2.26%
Franking 100%
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as at 24 Feb 3:44pm

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Pinnacle Investment Management Group Ltd (ASX: PNI)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
30 Aug 2021 $0.1700 100.00% Final 17 Sep 2021
04 Mar 2021 $0.1170 100.00% Interim 19 Mar 2021
24 Aug 2020 $0.0850 100.00% Final 11 Sep 2020
05 Mar 2020 $0.0690 100.00% Interim 20 Mar 2020
19 Sep 2019 $0.0930 100.00% Final 04 Oct 2019
07 Mar 2019 $0.0610 100.00% Interim 22 Mar 2019
20 Sep 2018 $0.0700 100.00% Final 05 Oct 2018
08 Mar 2018 $0.0460 100.00% Interim 23 Mar 2018
21 Sep 2017 $0.0480 100.00% Final 06 Oct 2017
06 Mar 2017 $0.0220 100.00% Interim 17 Mar 2017
23 Aug 2016 $0.0500 100.00% Special Cash 09 Sep 2016
16 Mar 2016 $0.0140 100.00% Interim 31 Mar 2016
03 Sep 2015 $0.0225 100.00% 18 Sep 2015
27 Mar 2015 $0.0160 100.00% 17 Apr 2015
04 Sep 2014 $0.0275 100.00% 18 Sep 2014

PNI ASX Announcements

An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
YesNo

About Pinnacle Investment Management Group Ltd

Pinnacle Investment Management Group Ltd (ASX: PNI) is a leading Australian-based multi-affiliate investment management firm. The company holds equity interests in a number of specialist investment managers and provides them with a governance framework, working capital, seed funding, and a comprehensive range of institutional quality and cost-effective distribution and other non-investment support services.

Pinnacle currently comprises 16 investment affiliates that collectively manage A$58.7 billion (as at 30 June 2020) in assets across a diverse range of asset classes. Formerly Wilson Group Limited, the company was listed on the ASX in 2007. The Pinnacle share price has more than doubled since its coronavirus-induced low of $2.37 in March.

PNI Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
22 Oct 2021 $16.83 $0.23 1.39% 463,594 $16.70 $16.97 $16.70
21 Oct 2021 $16.60 $0.47 2.91% 926,167 $16.17 $16.88 $16.10
20 Oct 2021 $16.13 $-0.20 -1.22% 594,297 $16.55 $16.81 $16.13
19 Oct 2021 $16.33 $0.32 2.00% 541,273 $16.26 $16.51 $16.05
18 Oct 2021 $16.01 $0.27 1.72% 379,101 $15.91 $16.14 $15.75
15 Oct 2021 $15.74 $0.23 1.48% 614,289 $15.60 $15.87 $15.53
14 Oct 2021 $15.51 $0.61 4.09% 876,160 $15.38 $15.61 $15.19
13 Oct 2021 $14.90 $0.22 1.50% 655,209 $14.70 $15.08 $14.70
12 Oct 2021 $14.68 $-0.25 -1.67% 681,439 $14.81 $14.95 $14.51
11 Oct 2021 $14.93 $0.07 0.47% 802,406 $14.86 $15.16 $14.79
08 Oct 2021 $14.86 $-0.09 -0.60% 750,955 $15.02 $15.38 $14.73
07 Oct 2021 $14.95 $0.50 3.46% 1,012,330 $14.51 $15.14 $14.42
06 Oct 2021 $14.45 $-0.50 -3.34% 1,321,848 $14.68 $15.12 $14.36
05 Oct 2021 $14.95 $-0.51 -3.30% 891,399 $15.21 $15.22 $14.57
04 Oct 2021 $15.46 $0.16 1.05% 738,357 $15.22 $15.67 $15.07
01 Oct 2021 $15.30 $-0.42 -2.67% 1,454,275 $15.20 $15.75 $15.16
30 Sep 2021 $15.72 $-0.57 -3.50% 1,315,748 $16.25 $16.38 $15.55
29 Sep 2021 $16.29 $-1.62 -9.05% 1,306,859 $17.51 $17.65 $16.28
28 Sep 2021 $17.91 $-0.26 -1.43% 316,858 $18.15 $18.17 $17.79
27 Sep 2021 $18.17 $0.16 0.89% 451,074 $18.10 $18.27 $17.70
24 Sep 2021 $18.01 $0.00 0.00% 593,404 $18.07 $18.60 $17.79
23 Sep 2021 $18.01 $0.65 3.74% 668,668 $17.72 $18.07 $17.57

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
23 Aug 2021 Alan Watson Exercise 6 $114,091
Conversion of securities. 2,248 - performance rights
23 Aug 2021 Alan Watson Issued 6 $114,091
Conversion of securities.
23 Aug 2021 Gerard Bradley Buy 3 $55,514
Conversion of securities.
23 Aug 2021 Gerard Bradley Exercise 3 $55,514
Conversion of securities. 1,093 - performance rights
23 Aug 2021 Deborah Beale Exercise 3 $55,514
Conversion of securities. 1,093 - performance rights
23 Aug 2021 Deborah Beale Buy 3 $55,514
Conversion of securities.
13 May 2021 Andrew Chambers Sell 300 $2,919,334
On-market trade.
24 Feb 2021 Lorraine Berends Buy 4 $38,637
On-market trade.
16 Feb 2021 Gerard Bradley Exercise 2 $21,126
Conversion of securities. 4,374 - performance rights
16 Feb 2021 Gerard Bradley Issued 2 $21,126
Conversion of securities.
16 Feb 2021 Deborah Beale Issued 2 $21,126
Conversion of securities.
16 Feb 2021 Deborah Beale Exercise 2 $21,126
Conversion of securities. 4,374 - performance rights
16 Feb 2021 Adrian Whittingham Sell 500 $1,903,322
On-market trade.
16 Feb 2021 Alan Watson Issued 4 $43,431
Conversion of securities.
16 Feb 2021 Alan Watson Exercise 4 $43,431
Conversion of securities. 8,991 - performance rights
08 Feb 2021 Ian Macoun Sell 9 $83,250,000
Off-market trade.
22 Dec 2020 Adrian Whittingham Cancelled 300 $1,950,000
Cancellation of securities.
13 Nov 2020 Alan Watson Exercise 9 $54,996
Conversion of securities.
13 Nov 2020 Alan Watson Issued 9 $54,996
Conversion of securities.
13 Nov 2020 Alan Watson Issued 13 $73,997
Director remuneration. 13,487 - performance rights
13 Nov 2020 Gerard Bradley Exercise 4 $26,755
Conversion of securities.
13 Nov 2020 Gerard Bradley Issued 6 $35,997
Director remuneration. 6,561 - performance rights
13 Nov 2020 Gerard Bradley Issued 4 $26,755
Conversion of securities.
13 Nov 2020 Deborah Beale Issued 4 $26,755
Conversion of securities.
13 Nov 2020 Deborah Beale Exercise 4 $26,755
Conversion of securities.
13 Nov 2020 Deborah Beale Issued 6 $35,997
Director remuneration. 6,561 - performance rights

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Ian Macoun Managing Director Aug 2016
Mr Macoun has more than 25 years as the CEO and chief investment officer of investment management firms, including the establishment of Australia's first "multi-boutique" funds management firm (Perennial Investment Partners - founding Managing Director from 1998), building a major new investment corporation (Queensland Investment Corporation (QIC)- inaugural Chief Executive from 1988), and the management of a major Australian bank's investment operation (Westpac Investment Management; Managing Director from 1993). Mr Macoun's early experience, in more than 10 years at Queensland Treasury, included involvement with many major Australian and International financial market participants, and the Queensland Government's commercial participation in many major industrial development projects during the late 1970s and the 1980s. He was a First Assistant Under Treasurer when he moved to build and lead QIC. Mr Macoun is also a director of the following Pinnacle Affiliates: Aikya, Antipodes, Coolabah, Hyperion, Metrics, Palisade, Plato, Resolution Capital and Solaris.
Mr Alan James David Watson Non-Executive DirectorNon-Executive Chairman Jul 2013
Mr Watson is Sydney-based former investment banker with 35 years of experience within various global equity markets. Over this period, he established, directed and was responsible for the conduct of securities business both in Europe and Asia advising many companies on capital structuring, initial public offerings, takeovers and mergers and investment relations strategies. Mr Watson has held positions as Managing Director at Barclays de Zoete Wedd Limited, Donaldson, Lufkin & Jenrette Securities Corporation, at Lehman Brothers Holdings Inc and as Head of Securities Europe for Macquarie Capital (Europe) Ltd. Mr Watson is also an independent director of Airboss of America, listed on the Toronto Stock Exchange.
Mr Adrian Whittingham Executive Director Sep 2016
Mr Whittingham was Director, Head of Retail Sales with Schroder Investment Management in Sydney, from 2002 to April 2008. At Schroders, Mr Whittingham was responsible for leading the business's direction and engagement with researchers, consultants, dealer groups and private clients. Prior to Schroders, Mr Whittingham spent 8 years at Zurich in product, research and business development roles. Mr Whittingham is also a director of the following Pinnacle Affiliates: Coolabah, Firetrail, Hyperion, Longwave and Spheria.
Mr Gerard Bradley Non-Executive Director Sep 2016
Mr Bradley is Chair of Queensland Treasury Corporation and related companies, having served for 14 years as Under Treasurer and Under Secretary of the Queensland Treasury Department. He has experience in public sector finance in both the Queensland and South Australian Treasury Departments. Mr Bradley has substantial board experience, including 10 years as Chair of QSuper, and a wide range of directorships of major Government financial and commercial corporations. Since 2012, he has worked in non-executive director roles in the public and private sectors. He is chair of Risk Management Committee
Ms Deborah Beale Non-Executive Director Sep 2016
Ms Beale began her working career in the finance industry where she was employed by Merrill Lynch for over a decade. She then moved to Ernst & Young where she specialised in risk management, governance and public and government relations. Ms Beale also served and continues to serve on a number of government, public, private and not-for-profit boards. Her broad experience includes the areas of finance, corporate governance, risk management, government and public relations. Ms Beale is also the Chair of the Melbourne Convention Bureau and a director of Fed Square Pty Ltd, Visit Victoria and The Production Company. She is member of the Risk Management Committee
Mr Andrew Chambers Executive Director Sep 2016
Mr Chambers has multi-channel (retail, wholesale and institutional) and multi-jurisdictional distribution experience and is currently responsible for leading the firm's institutional and international distribution divisions. Prior to joining Pinnacle, Mr Chambers worked for Legg Mason, one of the world's largest, multi-affiliate investment management firms. Mr Chambers is also a director of the following Pinnacle Affiliates: Metrics, Omega, Riparian and Two Trees.
Ms Lorraine Berends Non-Executive Director Sep 2018
Ms Berends has worked in the financial services industry for 40 years and possesses experience in both investment management and superannuation. Before moving to a non-executive career in 2014, she worked for 15 years with US based investment manager Marvin & Palmer Associates. Ms Berends contributed to industry associations throughout her executive career, serving on the boards of the Investment Management Consultants Association (IMCA Australia, now the CIMA Society of Australia) for 13 years (7 as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (3 as Chair). Ms Berends has been awarded Life Membership of both the CIMA Society and ASFA. She is member of Risk Management.
Mr Calvin Kwok Legal CounselCompany Secretary Jun 2017
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Calvin Kwok Legal CounselCompany Secretary
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
HSBC Custody Nominees (Australia) Limited 33,300,625 17.47%
J P Morgan Nominees Australia Pty Limited 27,446,224 14.40%
Macoun Generation Z Pty Ltd 13,617,506 7.15%
National Nominees Limited 7,346,331 3.85%
Andrew Chambers & Fleur Chambers 5,303,614 2.78%
Mr Alexander William Macdonald 5,270,090 2.77%
Kinauld Pty Ltd 4,740,000 2.49%
Citicorp Nominees Pty Limited 4,409,537 2.31%
Macoun Superannuation Pty Ltd 3,777,999 1.98%
BNP Paribas Noms Pty Ltd 3,514,631 1.84%
Mr Adrian Whittingham 3,103,614 1.63%
Vestinoz Pty Ltd 2,987,766 1.57%
AJF Squared Pty Ltd 2,896,609 1.52%
Mr David Francis Cleary 2,807,149 1.47%
Mr David Noel Groth 2,801,224 1.47%
Earlston Nominees Pty Ltd 2,280,000 1.20%
HSBC Custody Nominees (Australia) Limited i 2,177,869 1.14%
BNP Paribas Nominees Pty Ltd 1,924,664 1.01%
Mark Cormack and Melanie Cormack 1,585,435 0.83%
Mirrabooka Investments Limited 1,226,582 0.64%

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