Platinum Asset Management Ltd (ASX: PTM) Share Price and News

Price

 

Movement

   

  (20 mins delayed)

52 Week Range

  -  

 
1 Year Return

 

Platinum Asset Management Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $2.55 billion
P/E Ratio 15.17
Dividend Yield 5.29%
Shares Outstanding 586.68 million
Earnings per share 0.287
Dividend per share 0.24
Year To Date Return 9.56%
Earnings Yield 6.59%
Franking 100%
Share Price

Day Change

52 Week Range

-

Yesterday's Close

Today's Open

Days Range

-

Volume

Avg. Volume (1 month)

Turnover

as at 24 Feb 3:44pm

Should you invest $1,000 in right now?

Before you consider , you’ll want to hear this.

Motley Fool Investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and wasn’t one of them.

The online investing service he’s run for nearly a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.* And right now, Scott thinks there are 5 stocks that are better buys.

*Returns as of May 24th 2021

Platinum Asset Management Ltd (ASX: PTM)
Latest News

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
02 Mar 2021 $0.1200 100.00% Interim 18 Mar 2021
03 Sep 2020 $0.1100 100.00% Final 22 Sep 2020
02 Mar 2020 $0.1300 100.00% Interim 18 Mar 2020
27 Aug 2019 $0.1400 100.00% Final 20 Sep 2019
28 Feb 2019 $0.1300 100.00% Interim 18 Mar 2019
30 Aug 2018 $0.1600 100.00% Final 21 Sep 2018
01 Mar 2018 $0.1600 100.00% Interim 19 Mar 2018
30 Aug 2017 $0.1500 100.00% Final 22 Sep 2017
01 Mar 2017 $0.1500 100.00% Interim 22 Mar 2017
31 Aug 2016 $0.1600 100.00% Final 22 Sep 2016
01 Mar 2016 $0.1600 100.00% Interim 22 Mar 2016
27 Aug 2015 $0.2000 100.00% Final 22 Sep 2015
02 Mar 2015 $0.1000 100.00% 18 Mar 2015
02 Mar 2015 $0.1700 100.00% 18 Mar 2015
28 Aug 2014 $0.2000 100.00% 23 Sep 2014

PTM 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 Platinum Asset Management Ltd

Platinum Asset Management Ltd (ASX: PTM) is a non-operating holding company of Platinum Investment Management Limited (PIML).

An Australia-based investment manager, Platinum focuses on one asset class – international shares ­­– building client wealth through portfolios of listed companies from around the world.

The company follows a contrarian, long-term investing philosophy that looks beyond short-term market turbulence to seek out ‘unfashionable’ companies whose actual worth is greater than the value implied in their present share price.

In recent years, the Platinum share price has dropped dramatically from a peak of $8.31 in early 2018 to be trading at $3.31 in September 2020.

PTM Share Price History Data provided by Morningstar.

Data provided by Morningstar.
Date Close Change % Change Volume Open High Low
23 Jul 2021 $4.35 $0.04 0.93% 1,065,747 $4.29 $4.40 $4.27
22 Jul 2021 $4.31 $0.03 0.70% 955,969 $4.32 $4.37 $4.30
21 Jul 2021 $4.28 $0.08 1.90% 1,282,087 $4.27 $4.36 $4.26
20 Jul 2021 $4.20 $-0.07 -1.64% 1,476,159 $4.21 $4.26 $4.17
19 Jul 2021 $4.27 $-0.07 -1.61% 1,358,858 $4.26 $4.34 $4.22
16 Jul 2021 $4.34 $0.00 0.00% 1,017,501 $4.34 $4.39 $4.28
15 Jul 2021 $4.34 $0.02 0.46% 1,308,945 $4.31 $4.36 $4.29
14 Jul 2021 $4.32 $0.10 2.37% 2,021,385 $4.23 $4.33 $4.14
13 Jul 2021 $4.22 $-0.38 -8.26% 4,483,183 $4.45 $4.45 $4.21
12 Jul 2021 $4.60 $0.05 1.10% 905,611 $4.56 $4.66 $4.56
09 Jul 2021 $4.55 $-0.08 -1.73% 822,048 $4.55 $4.57 $4.47
08 Jul 2021 $4.63 $-0.04 -0.86% 737,199 $4.73 $4.73 $4.59
07 Jul 2021 $4.67 $0.01 0.21% 708,648 $4.65 $4.73 $4.64
06 Jul 2021 $4.66 $-0.14 -2.92% 592,137 $4.80 $4.83 $4.66
05 Jul 2021 $4.80 $-0.04 -0.83% 491,317 $4.84 $4.89 $4.79
02 Jul 2021 $4.84 $-0.01 -0.21% 477,470 $4.84 $4.89 $4.83
01 Jul 2021 $4.85 $-0.06 -1.22% 577,158 $4.90 $4.92 $4.84
30 Jun 2021 $4.91 $0.02 0.41% 529,444 $4.93 $4.96 $4.86
29 Jun 2021 $4.89 $-0.05 -1.01% 416,223 $4.85 $4.90 $4.84
28 Jun 2021 $4.94 $-0.01 -0.20% 921,514 $4.94 $4.99 $4.90
25 Jun 2021 $4.95 $0.04 0.81% 906,125 $4.99 $5.01 $4.91

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
28 May 2021 Guy Strapp Buy 22 $102,902
On-market trade.

Directors & Management Data provided by Morningstar.

Data provided by Morningstar.
Name Title Start Date Profile
Mr Timothy (Tim) Neale Trumper Non-Executive Director Aug 2018
Mr Trumper is Chair of the NRMA, advisor and shareholder in Quantium. Mr Trumper is an experienced non-executive director, former CEO, and advisor for global and Australian companies. His career has spanned categories including artificial intelligence and machine learning, big data, digital transformation, mobility and transport, financial services and media. He is Member of Risk & Compliance Committee.
Mr Kerr Neilson Non-Executive Director Jul 1993
Mr Neilson has experience and knowledge of global markets and companies. He was one of the founder of the company and in July 2018, Mr Neilson was stepped down from the role of CEO Platinum Investment Management Limited.
Mr Andrew M Clifford Executive DirectorChief Executive OfficerManaging Director May 2013
Mr Clifford was a Vice President at Bankers Trust Australia covering Asian equities and managing the BT Select Market Trust -Pacific Basin Fund.
Ms Anne Joan Loveridge Non-Executive Director Sep 2016
Ms Loveridge is currently a Non-Executive Director for the National Australia Bank (NAB) Group and NIB Holdings Limited. Ms Loveridge retired as a partner and deputy chairman of PricewaterhouseCoopers (PwC) in 2015. At PwC, she had over 30 years of experience in the Financial Services Assurance practice. Ms Loveridge has senior management and people leadership experience, knowledge of financial and regulatory reporting and risk management. He is Chairman of Risk & Compliance Committee.
Mr Guy Strapp Non-Executive DirectorNon-Executive Chairman Aug 2020
Mr Strapp has over 35 years' experience having worked in a various roles in Australia and abroad at Bank of America, JP Morgan Investment Management, Citigroup Asset Management and BT Financial Group. More recently, he held the positions of CIO and CEO of Eastspring Investments (formerly Prudential Asset Management) in Hong Kong. Guy has local and international experience in asset management, gained on both the investment and distribution side of the business. Mr Strapp is also the Chair for the Australian wealth manager, First Samuel Limited.
Ms Brigitte H Smith Non-Executive Director Mar 2018
Ms Smith was co-founder and Managing Director of GBS Venture Partners for twenty years and has worked with Australian and US companies as an investor and board member, supporting business strategy, human resources and operations. Prior to GBS Ms Smith worked at Bain & Company. He is Member of Risk & Compliance Committee.
Mr Stephen Menzies Non-Executive Director Mar 2015
Mr Menzies is Chairman of Silicon Quantum Computing Pty Limited and is a past Chairman of the Centre for Quantum Computation & Communication Technology. Mr Menzies retired as a partner at Ashurst law firm in 2015. As Head of China Practice for Ashurst, Mr Menzies oversaw the Shanghai and Beijing offices of that firm. Previously, Mr Menzies was National Director of Enforcement at the Australian Securities Commission and has a history in the funds management sector. Mr Menzies was a director of Freedom Insurance Group Ltd until 29 April 2019 and Century Australia Investments Limited until 5 March 2019. Mr Menzies is a director of Platinum World Portfolios Plc. He is Member of Risk & Compliance Committee.
Ms Elizabeth Norman Director of Investor Services and CommunicationExecutive Director May 2013
Ms Norman worked at Bankers Trust Australia in product development and within the retail funds management team.
Mr Andrew Stannard Chief Financial OfficerExecutive Director Aug 2015
Mr Stannard has 30 years of finance experience in audit, financial control, operations, funds management, financial services regulation and corporate governance.
Ms Joanne Jefferies Company Secretary Oct 2016
-
Joanne Jefferies Company Secretary
-

Top Shareholders Data provided by Morningstar.

Data provided by Morningstar.
Name Shares Capital
J Neilson 126,037,421 21.48%
K Neilson 126,037,420 21.48%
liSBC Custody Nominees (Australia) Limited 77,001,459 13.13%
JP Morgan Nominees Australia Limited 33,873,432 5.77%
Platinum Investment Management Limited (nominee) 29,364,201 5.01%
Citicorp Nominees Pty Limited 28,418,215 4.84%
National Nominees Limited 6,770,801 1.15%
Pacific Custodians Pty Limited 6,687,403 1.14%
Jilliby Pty Limited 6,500,000 1.11%
J Clifford 5,000,000 0.85%
BNP Paribas Nominees Pty Limited 4,204,435 0.72%
Bki Investment Company Limited 1,738,000 0.30%
Xetrov Pty Limited 1,500,000 0.26%
BNP Paribas Nominees Pty Limited (I) 1,428,257 0.24%
Citicorp Nominees Pty Limited (I) 1,101,165 0.19%
Mrs Michele Martinez 1,072,309 0.18%
Navigator Australia Limited 754,103 0.13%
BNP Paribas Nominees Pty Limited (II) 730,024 0.12%
Nulis Nominees (Australia) Limited 618,135 0.11%
Warbont Nominees Pty Limited 574,212 0.10%

Profile

since

Note