Quilter (QLT)

Sector:

Financials

Index:

FTSE 250

143.40p
   
  • Change Today:
    -0.30p
  • 52 Week High: 148.20p
  • 52 Week Low: 82.10p
  • Currency: UK Pounds
  • Shares Issued: 1,404.11m
  • Volume: 1,407,102
  • Market Cap: £2,013.49m
  • RiskGrade: 118

Quilter Q3 results 'steady', net flows 'substantially' higher

By Iain Gilbert

Date: Wednesday 21 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Wealth management firm Quilter reported a somewhat steady third quarter on Wednesday, with substantially improved net flows.
Quilter said it had £109.5bn worth of assets under management and administration as of 30 September with year-to-date net inflows of £1.2bn, compared to £200.0m in outflows during the same quarter a year earlier

Third-quarter gross sales remained broadly flat at £2.7bn.

The FTSE 250-listed firm highlighted that its investment platform transformation project was on track, with around 80% of platform assets set to be migrated by the end of the year.

Quilter also pointed out that its capital return programme was still going strong, with around £130.0m of its planned £375.0m share buyback completed as of 16 October.

Chief executive Paul Feeney said: "Despite a more challenging market backdrop, we are pleased with the substantial year-on-year improvement in net flows.

"Our strategic plans are progressing well with our major migration of assets from our existing platform to our new platform confirmed with advisers and clients to complete in the last weekend in November. Our capital return programme remains on track, we continue to control costs tightly and current trading continues to be in line with our expectations."

As of 0830 BST, Quilter shares were down 0.23% at 128.95p.

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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.

 

Quilter Market Data

Currency UK Pounds
Share Price 143.40p
Change Today -0.30p
% Change -0.21 %
52 Week High 148.20p
52 Week Low 82.10p
Volume 1,407,102
Shares Issued 1,404.11m
Market Cap £2,013.49m
RiskGrade 118

Quilter Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
41.58% above the market average41.58% above the market average41.58% above the market average41.58% above the market average41.58% above the market average
39.45% below the sector average39.45% below the sector average39.45% below the sector average39.45% below the sector average39.45% below the sector average
Price Trend
91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average91.49% above the market average
89.38% above the sector average89.38% above the sector average89.38% above the sector average89.38% above the sector average89.38% above the sector average
Income
30.92% above the market average30.92% above the market average30.92% above the market average30.92% above the market average30.92% above the market average
41.54% below the sector average41.54% below the sector average41.54% below the sector average41.54% below the sector average41.54% below the sector average
Growth
63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average63.69% below the market average
39.81% below the sector average39.81% below the sector average39.81% below the sector average39.81% below the sector average39.81% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 7
Sell 2
Strong Sell 0
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Quilter Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Aug-24 18-Apr-24
Paid 23-Sep-24 28-May-24
Amount 1.70p 3.70p

Trades for 31-Oct-2024

Time Volume / Share Price
16:35 858,360 @ 143.40p
16:35 183 @ 143.40p
16:35 5,745 @ 143.40p
16:35 4,599 @ 143.40p
16:35 1,146 @ 143.40p

Quilter Key Personnel

CFO Mark Satchel
CEO Steven Levin

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