Tatton Asset Management (TAM)

Sector:

Financials

Index:

FTSE AIM 100

463.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 530.00
  • 52 Week Low: 329.00
  • Currency: UK Pounds
  • Shares Issued: 60.06m
  • Volume: 4,551
  • Market Cap: £278.06m
  • RiskGrade: 95

Tatton warns of consulting pressures as assets top ?6bn

By Iain Gilbert

Date: Tuesday 16 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Discretionary fund manager and IFA support service Tatton Asset Management continued to grow revenue and adjusted operating profits in its last treading year despite a "complex and challenging" market environment.
Tatton expects to report revenues and operating profits within the range of analyst estimates as assets under management grew 24.5% year-on-year to £6.1bn as net inflows came to £1.1bn over the last 12 months.

The AIM-listed outfit said its Paradigm Mortgage Services subsidiary continued "to grow well" in the year, outperforming the growth of the mortgage market and continuing to gain market share.

However, Tatton noted that while Paradigm Consulting had increased its member firms from 368 to 390, the unit also experienced downward pressure on revenues from consultancy services and the impact of reduced flows on the Paradigm wrap platform.

Founder and chief executive Paul Hogarth said: "To the extent we are pleased with the mortgage services performance we are disappointed with the lack of growth of Paradigm Consulting though it remains an important component of the group's strategic makeup.

"The group remains well positioned to achieve continued growth and deliver against its stated strategy."

As of 0840 BST, Tatton shares had slumped 9.96% to 208p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

TAM Market Data

Currency UK Pounds
Share Price 463.00p
Change Today 4.00p
% Change 0.87 %
52 Week High 530.00
52 Week Low 329.00
Volume 4,551
Shares Issued 60.06m
Market Cap £278.06m
RiskGrade 95

TAM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.82% below the market average88.82% below the market average88.82% below the market average88.82% below the market average88.82% below the market average
86.89% below the sector average86.89% below the sector average86.89% below the sector average86.89% below the sector average86.89% below the sector average
Price Trend
64.55% above the market average64.55% above the market average64.55% above the market average64.55% above the market average64.55% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
5.79% below the market average5.79% below the market average5.79% below the market average5.79% below the market average5.79% below the market average
66.23% below the sector average66.23% below the sector average66.23% below the sector average66.23% below the sector average66.23% below the sector average
Growth
35.33% above the market average35.33% above the market average35.33% above the market average35.33% above the market average35.33% above the market average
3.39% above the sector average3.39% above the sector average3.39% above the sector average3.39% above the sector average3.39% above the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 1
Sell 0
Strong Sell 0
Total 2
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

TAM Dividends

  Latest Previous
  Interim Final
Ex-Div 01-Dec-22 23-Jun-22
Paid 16-Dec-22 02-Aug-22
Amount 4.50p 8.50p

Trades for 27-Jan-2023

Time Volume / Share Price
13:25 3,262 @ 445.00p
12:13 9 @ 469.58p
11:46 1,280 @ 456.42p

TAM Key Personnel

CEO Paul Hogarth
CFO Paul Edwards

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