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

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Platinum Asset Management Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $1.06 billion
P/E Ratio 8.13
Dividend Yield 11.89%
Shares Outstanding 586.68 million
Earnings per share 0.228
Dividend per share 0.22
Year To Date Return -27.78%
Earnings Yield 12.30%
Franking 100%
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as at 24 Feb 3:44pm

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Platinum Asset Management Ltd (ASX: PTM)
Latest News

A happy woman holds a handful of cash dividends
Dividend Investing

Dividend beasts: 5 ASX 200 shares with the highest dividend yield right now

These five companies are overflowing with the highest dividend yields that you will in the ASX 200 right now!

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52-Week Lows

3 ASX 200 shares sliding to 52-week lows on Tuesday

These ASX 200 shares have just hit new 52-week lows. What's going on?

Read more »

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Share Fallers

These were the worst performers on the ASX 200 last week

These ASX 200 shares were sold off last week...

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blue arrows representing a rising share price ASX 200
Share Market News

Here are the 3 most heavily traded ASX 200 shares on Friday

We take a look at the most traded ASX 200 shares by volume today.

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Man with his head on his head with a red declining arrow and A worried man holds his head and look at his computer as the Megaport share price crashes today
Financial Shares

Here’s why this ASX 200 share just dived 16% to an all-time low

ASX 200 investors aren't happy with Platinum Asset Management today.

Read more »

Share Fallers

Why Block, IGO, Navigator Global, and Platinum shares are dropping

These ASX shares are ending the week in the red...

Read more »

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Dividend Investing

3 high-yield ASX dividend shares trading near 52-week lows

These ASX dividend shares have been pushed to higher and higher yields

Read more »

a man throws his arms up in happy celebration as a shower of money rains down on him.
Dividend Investing

Cash machines: 6 ASX 200 shares with the highest dividend yields right now

These 6 ASX 200 dividend shares lead the market in terms of yield right now...

Read more »

Dividend Payment History Data provided by Morningstar.

Data provided by Morningstar.
Ex-Date Amount Franking Type Payable
02 Mar 2022 $0.1000 100.00% Interim 18 Mar 2022
02 Sep 2021 $0.1200 100.00% Final 16 Sep 2021
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
16 May 2022 $1.81 $-0.04 -2.16% 1,573,333 $1.85 $1.87 $1.80
13 May 2022 $1.85 $0.11 6.30% 2,844,588 $1.76 $1.85 $1.75
12 May 2022 $1.75 $-0.05 -2.78% 2,967,185 $1.79 $1.79 $1.73
11 May 2022 $1.80 $-0.02 -1.10% 1,421,255 $1.80 $1.83 $1.80
10 May 2022 $1.82 $0.04 2.24% 3,079,173 $1.75 $1.83 $1.74
09 May 2022 $1.79 $-0.04 -2.19% 1,916,691 $1.79 $1.81 $1.77
06 May 2022 $1.83 $-0.02 -1.08% 2,077,000 $1.82 $1.84 $1.80
05 May 2022 $1.85 $-0.01 -0.54% 1,441,493 $1.85 $1.87 $1.84
04 May 2022 $1.85 $0.00 0.00% 1,327,031 $1.89 $1.90 $1.85
03 May 2022 $1.86 $-0.01 -0.54% 1,561,362 $1.84 $1.89 $1.84
02 May 2022 $1.87 $-0.01 -0.53% 1,251,591 $1.83 $1.87 $1.82
29 Apr 2022 $1.88 $0.05 2.74% 2,235,563 $1.82 $1.88 $1.81
28 Apr 2022 $1.83 $0.05 2.82% 1,111,150 $1.79 $1.83 $1.79
27 Apr 2022 $1.78 $-0.03 -1.66% 3,368,652 $1.77 $1.80 $1.73
26 Apr 2022 $1.81 $-0.05 -2.70% 5,220,522 $1.83 $1.84 $1.76
22 Apr 2022 $1.86 $-0.03 -1.59% 3,079,452 $1.88 $1.89 $1.84
21 Apr 2022 $1.89 $0.00 0.00% 2,195,559 $1.90 $1.91 $1.88
20 Apr 2022 $1.89 $-0.02 -1.05% 2,266,755 $1.92 $1.94 $1.89

Director Transactions Data provided by Morningstar.

Data provided by Morningstar.
Date Director Type Amount Value Notes
28 Feb 2022 Philip Moffitt Buy 50 $119,500
On-market trade.
25 Feb 2022 Brigitte Smith Buy 42 $108,000
On-market trade.
25 Feb 2022 Anne Loveridge Buy 28 $66,080
On-market trade.
25 Feb 2022 Guy Strapp Buy 50 $120,130
On-market trade.
16 Feb 2022 Brigitte Smith Buy 42 $106,680
On-market trade.
16 Feb 2022 Brigitte Smith Sell 41 $105,414
On-market trade.
30 Sep 2021 Kerr Neilson Sell 126 $446,172,470
As advised by the company. Termination of Stability Deed - Deed affecting shares between Judith Neilson and Kerr Neilson
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 Kerr Neilson Non-Executive Director Jul 1993
Mr Neilson founded Platinum in 1994 and was the Managing Director of the Company from incorporation to 30 June 2018. Prior to Platinum, Mr Neilson was an Executive Vice President at Bankers Trust Australia. Previously he worked in both the UK and South Africa in stockbroking. He is a member of the Risk & Compliance committee.
Mr Andrew M Clifford Executive DirectorChief Executive OfficerManaging Director May 2013
Mr Clifford joined Platinum as a co-founding member in 1994 in the capacity of director of Platinum Investment Management Limited and Deputy Chief Investment Officer. Previously he 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 has over 35 years of experience in the financial services industry including as a Committee Chairperson and Non-Executive Director for three ASX-listed organisations. She has experience in financial reporting, auditing, risk, ethics and regulatory affairs following a 30 year career at PwC Australia, where she retired as Partner and Deputy Chair in 2015. She is Chair of the Risk & Compliance committee.
Mr Guy Strapp Non-Executive DirectorNon-Executive Chairman Aug 2020
Mr Strapp has over 35 years of experience having worked in a variety of 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. He has international experience in asset management, on both the investment and distribution side of the business. Mr Strapp is also the Chair for the Australian wealth manager, First Samuel Limited. He is a member of the Risk & Compliance committee.
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 fast growth companies as an investor and board member, supporting business strategy, human resources and operations. Prior to GBS Ms Smith worked in the US and Australia in operating roles with fast growth technology based businesses, and at Bain & Company as a strategic management consultant. He is a member of the 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. Mr Menzies is a director of Platinum World Portfolios Plc. Previously, he was Director of Freedom Insurance Group Ltd until 29 April 2019 and Century Australia Investments Limited until 5 March 2019. He is a member of the Risk & Compliance committee.
Ms Elizabeth Norman Director of Investor Services and CommunicationExecutive Director May 2013
Ms Norman joined Platinum in February 1994 in a role of Investor Services and Communications Manager. Previously she 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.
Mr Philip Moffitt Non-Executive Director Dec 2021
Mr Moffitt has local and international asset management experience. He is one of the Founders of Beckon Capital, an investment management firm which delivers capital to economically sustainable impact enterprises. Mr Moffitt is currently a member of the Board of Aware Super Pty Ltd, also Chairing its Investment Committee and sitting on its Direct Assets Committee. He is also Chairman of the Foundation at Newington College. Mr Moffitt was previously a Partner at Goldman Sachs Asset Management (London and Sydney) and Chairman of Goldman Sachs Australia Managed Fund Board. He has also held a number of senior roles within Tokai Asia in Hong Kong and Bankers Trust Australia.
Ms Joanne Jefferies Company Secretary Oct 2016
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Joanne Jefferies Company Secretary
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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%
HSBC Custody Nominees (Australia) Limited 89,069,072 15.18%
Platinum Investment Management Limited (nominee) 29,364,201 5.01%
JP Morgan Nominees Australia Limited 26,899,699 4.59%
Citicorp Nominees Pty Limited 24,765,534 4.22%
Pacific Custodians Pty Limited 8,018,094 1.36%
National Nominees Limited 7,263,124 1.24%
Jilliby Pty Limited 6,500,000 1.11%
J Clifford 5,000,000 0.85%
BNP Paribas Nominees Pty Limited 3,825,232 0.65%
BKI Investment Company Limited 1,738,000 0.30%
BNP Paribas Nominees Pty Limited (i) 1,697,637 0.29%
Xetrov Pty Limited 1,500,000 0.26%
Mrs Michele Martinez 1,072,309 0.18%
Starbrook Enterprises Pty Limited 1,000,000 0.17%
Brispot Nominees Pty Limited 953,405 0.16%
BNP Paribas Nominees Pty Limited Six SIS Limited 816,913 0.14%
First Samuel Limited 803,066 0.14%
Citicorp Nominees Pty Limited (i) 760,381 0.13%

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