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 $2.38 billion
P/E Ratio 46.30
Dividend Yield 1.62%
Shares Outstanding 190.58 million
Earnings per share 0.270
Dividend per share 0.23
Year To Date Return 77.70%
Earnings Yield 2.16%
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
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
23 Jul 2021 $12.50 $0.22 1.79% 257,135 $12.50 $12.58 $12.22
22 Jul 2021 $12.28 $0.04 0.33% 634,018 $12.40 $12.41 $12.01
21 Jul 2021 $12.24 $0.04 0.33% 468,131 $12.25 $12.35 $12.15
20 Jul 2021 $12.20 $0.05 0.41% 246,575 $12.04 $12.37 $12.04
19 Jul 2021 $12.15 $-0.16 -1.30% 276,709 $12.13 $12.23 $11.85
16 Jul 2021 $12.31 $-0.06 -0.49% 536,022 $12.37 $12.39 $12.01
15 Jul 2021 $12.37 $0.05 0.41% 646,401 $12.30 $12.60 $12.10
14 Jul 2021 $12.32 $0.49 4.14% 318,280 $11.96 $12.32 $11.96
13 Jul 2021 $11.83 $0.21 1.81% 417,655 $11.82 $12.04 $11.75
12 Jul 2021 $11.62 $0.18 1.57% 350,594 $11.60 $11.68 $11.27
09 Jul 2021 $11.44 $0.04 0.35% 397,690 $11.40 $11.53 $11.25
08 Jul 2021 $11.40 $0.11 0.97% 720,418 $11.05 $11.44 $11.05
07 Jul 2021 $11.29 $0.17 1.53% 679,436 $11.20 $11.30 $11.03
06 Jul 2021 $11.12 $-0.18 -1.59% 307,793 $11.41 $11.51 $11.10
05 Jul 2021 $11.30 $0.00 0.00% 340,548 $11.66 $11.66 $11.20
02 Jul 2021 $11.30 $-0.05 -0.44% 299,868 $11.60 $11.61 $11.26
01 Jul 2021 $11.35 $-0.62 -5.18% 333,729 $12.00 $12.04 $11.21
30 Jun 2021 $11.97 $0.23 1.96% 190,480 $11.75 $12.07 $11.75
29 Jun 2021 $11.74 $0.09 0.77% 151,216 $11.62 $11.78 $11.52
28 Jun 2021 $11.65 $0.20 1.75% 400,509 $11.50 $11.75 $11.41
25 Jun 2021 $11.45 $0.55 5.05% 584,538 $11.01 $11.55 $10.96

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
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 Alan Watson Exercise 4 $43,431
Conversion of securities. 8,991 - performance rights
16 Feb 2021 Alan Watson Issued 4 $43,431
Conversion of securities.
16 Feb 2021 Adrian Whittingham Sell 500 $1,903,322
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 Exercise 2 $21,126
Conversion of securities. 4,374 - performance rights
16 Feb 2021 Deborah Beale Issued 2 $21,126
Conversion of securities.
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 Issued 13 $73,997
Director remuneration. 13,487 - performance rights
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 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
11 Sep 2020 Gerard Bradley Issued 894 $4,739
Dividend Reinvestment Plan (DRP).
11 Aug 2020 Adrian Whittingham Sell 500 $2,650,000
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Ian Macoun Managing Director Aug 2016
Mr Macoun's career included more than 25 years as the CEO and chief investment officer of investment management firms. 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. He 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
r Watson is 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 Maquarie Capital (Europe) Ltd. He is also an Independent Director of Airboss of America, listed on the Toronto Stock Exchange; an Independent Non-Executive Director of Australis Oil and Gas, listed on ASX; and Chair of The Winifred West Schools Foundation.
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 eight years at Zurich in product, research and business development roles. He 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 extensive 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.
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 experience includes the areas of finance, corporate governance, risk management, government and public relations. She is also the Chair of Federation Square Pty Ltd, and a director of Visit Victoria, Victorian Ports Corporation (Melbourne) and The Production Company.
Mr Andrew Chambers Executive Director Sep 2016
Mr Chambers was appointed as Executive Director to the Company on 1 September 2016 and has been a senior executive with Pinnacle since he commenced with the firm in March 2008. Mr Chambers has extensive multi-channel (retail, wholesale and institutional) and multi-jurisdictional distribution experience and is currently responsible for leading the firm's institutional and international distribution strategy and execution. Prior to joining Pinnacle, Mr Chambers worked for Legg Mason. 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 over 40 years and possesses extensive 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 extensively 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 (seven as Chair) and the Association of Superannuation Funds Australia (ASFA) for 12 years (three as Chair). Ms Berends is an independent non-executive director of Antipodes Global Investment Company Limited, Plato Income Maximiser Limited, Spheria Emerging Companies Limited and Hearts and Minds Investments Limited (listed investment companies) and a company appointed director of Qantas Superannuation Limited.
Mr Calvin Kwok Legal CounselCompany Secretary Jun 2017
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Alex Ihlenfeldt Chief Operating Officer and Chief Financial Officer
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Calvin Kwok Legal CounselCompany Secretary
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Ian Macoun Managing Director and Executive Director
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Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
Hsbc Custody Nominees (Australia) Limited 26,726,743 14.37%
J P Morgan Nominees Australia Limited 21,391,885 11.50%
Macoun Generation Z Pty Ltd 20,367,506 10.95%
Macoun Superannuation Pty Ltd 6,027,999 3.24%
Andrew Chambers & Fleur Chambers 5,603,614 3.01%
National Nominees Limited 5,038,979 2.71%
Kinauld Pty Ltd 4,720,000 2.54%
Mr Alexander William Macdonald 4,670,090 2.51%
Mr Adrian Whittingham 4,403,614 2.37%
Bnp Paribas Nominees Pty Ltd 3,101,724 1.67%
Warragai Investments Pty Ltd 3,100,000 1.67%
Usinoz Pty Ltd 3,061,827 1.65%
Ajf Squared Pty Ltd 3,037,609 1.63%
Earlston Nominees Pty Ltd 3,000,000 1.61%
Mr David Francis Cleary 2,907,149 1.56%
Mr David Noel Groth 2,811,224 1.51%
BNP Paribas Noms Pty Ltd 1,987,953 1.07%
Citicorp Nominees Pty Limited 1,951,003 1.05%
Mark Cormack And Melanie Cormack 1,585,435 0.85%
Mr Barry Athol Bicknell 1,175,000 0.63%

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