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POLR Polar Capital Holdings Plc

532.00
2.00 (0.38%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Polar Capital Holdings Plc LSE:POLR London Ordinary Share GB00B1GCLT25 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  2.00 0.38% 532.00 156,129 16:35:06
Bid Price Offer Price High Price Low Price Open Price
531.00 536.00 536.00 524.00 530.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Investment Advice 182.88M 35.61M 0.3533 15.17 540.24M
Last Trade Time Trade Type Trade Size Trade Price Currency
17:36:27 O 2,209 530.086 GBX

Polar Capital (POLR) Latest News

Polar Capital (POLR) Discussions and Chat

Polar Capital Forums and Chat

Date Time Title Posts
19/4/202420:18Polar Capital Hldgs - turbo charged asset manager770
04/11/201410:31Things are easy when you're big in Japan....-

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Polar Capital (POLR) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
16:36:58530.092,20911,709.60O
16:35:31528.069,21548,661.10O
16:27:17532.003,06516,305.80O
16:20:53532.006,24433,217.83O
16:01:24528.678204,335.11O

Polar Capital (POLR) Top Chat Posts

Top Posts
Posted at 19/4/2024 09:20 by Polar Capital Daily Update
Polar Capital Holdings Plc is listed in the Investment Advice sector of the London Stock Exchange with ticker POLR. The last closing price for Polar Capital was 530p.
Polar Capital currently has 100,790,725 shares in issue. The market capitalisation of Polar Capital is £540,238,286.
Polar Capital has a price to earnings ratio (PE ratio) of 15.17.
This morning POLR shares opened at 530p
Posted at 15/4/2024 10:29 by kenmitch
I hold all of them except CLIG ….which I’m very tempted to buy with 10% dividend yield. Good update from POLR greeted by 20% share price gain on the day. Patience will be rewarded with nearly all of these and while we wait for share price recovery the big dividends keep rolling in!
Posted at 11/4/2024 09:05 by diviincomesearch
Find it bizarre that an AuM update where most of the data is visible several days prior boosts the share price this much.

Institutions and analysts really aren’t paying much attention to small cap share prices at this point.
Posted at 11/4/2024 07:30 by edmonda
"AUM and forecasts up, stellar returns, positive flows"

AUM jumped £2.3bn (+12%) over Q4 of FY24 to £21.9bn on 31 Mar 24, which is 12% above our previous forecast of £19.5bn, and +14% y-o-y growth (AUM 31 Mar 23: £19.2bn). In turn, our FY24 revenue forecast increases from £188.4m to £191.6m (+5% y-o-y, FY23: £182.9m).

PBT rose from £50.1m to £52.1m (+15% y-o-y, FY23: £45.2m) and basic EPS from 38.3p to 39.8p (+8% y-o-y, FY23: 36.8p). The EPS revision translates to a forward PER of just 11.5x

Investment performance was the booster for AUM in Q4, adding +£2.3bn or +12%, but for us probably most pleasing update was a return to positive, albeit modest, net flows in the quarter of +£56m. Moreover, Polar reported strong net flows in March (+£228m).

For the sector, there are signs of an improving outlook for UK and European equity and active management fund flows. For Polar Capital we think that its PER has clear potential for a re-rating and our fundamental valuation increases to 650p/share (42% above the current share price).

New research report:
Posted at 28/3/2024 13:53 by tag57
DTH, Polar’s share price will improve when the AUM outflows stop and inflows start.
Until then you are wasting your time and just annoying other readers.
Just chill and enjoy the ride if this is a LTH.
Posted at 21/3/2024 09:23 by davethehorse
Surely with markets rising now the AuM update in April is going to be pretty positive....and yet the POLR share price is quite considerably lower than it was in December (460p)...a huge mis match imo...gl all
Posted at 23/2/2024 09:34 by galeforce1
Disappointing share price performance here, which maybe anticipates a cut in the current very generous dividend. But the AUM must be rising with the global rise in stocks. Also, POLR have some very useful niches in tech and healthcare. So I think there could be some upside here.
POLR seems to be caught in the market's negative view of the active asset management business generally. The market sees the whole sector as a value trap. M&G is also yielding about 9%.
Posted at 23/2/2024 08:33 by riverman77
Share price action completely out of whack with the rally in tech and healthcare (their 2 largest asset classes). PCT up 13% YTD, PCGH up 10%. Also reports that funds (with the exception of UK equity funds) are seeing good inflows this year. Yet POLR down 8%. I think this is a huge mispricng and been adding. Remember, POLR is operationally geared so every 1% increase in AUM should lead to at least a 2% rise in earnings.
Posted at 08/2/2024 17:21 by riverman77
Reports that funds in the UK starting to see good inflows now, albeit in US funds not UK funds. This should be good for POLR who are quite US biased. I think there is potential for AUM to increase quite sharply through combination of market movements and inflows. POLR is operationally geared due to largely fixed costs, so earnings could increase rapidly. POLR share price has been known to shoot up quite sharply before, so don't agree with the earlier poster on that point. The dividend will also be easily covered if AUM increases - admittedly this is dependent on market movements, but equity markets tend to increase over time so think it very unlikely AUM won't bounce back before too long.
Posted at 11/1/2024 07:42 by edmonda
"Forecasts up on jump in performance fees" - new research report here:

AUM grew £0.43bn or 2.2% over Q3 of FY24 (01 Oct 23 - 31 Dec 23) to £19.56bn and is now slightly above our previous £19.40bn forecast for the 31 Mar 24 FY-end. Investment performance was exceptionally strong in the quarter, contributing +£1.51bn or +7.9% of opening AUM. This was despite a currency headwind which would have depressed GBP AUM levels of USD holdings (GBP/USD +4% over Q3 from 1.22 to 1.27).

Performance fee profits (net of staff allocations) jumped from the previous marked-to-market £1.3m, to £9.6m. As most PF’s crystallise at the end of December, this increase is now secured and not merely a mark-to-market estimate. FY24 forecasts have been upgraded accordingly.

Our fundamental valuation rises to 600p per share (32% above the current share price) as a result of the increased FY24 forecasts, and a fall in 10Y-gilt-yields (the risk-free rate used in our DCF valuation). This gap between fundamental value and share price is supported by our view that both Polar’s PER (12.3) and that of the sector (13.1) have the potential for a re-rating.
Posted at 19/12/2023 10:03 by davethehorse
Considering the state of the markets AuG held up will for POLR in 2023, the rally from October should translate through very favourably for POLRs latest AuM at the next update, due early Jan....all in my opinion....I believe these shares are way undervalued at the current share price ...PE ratio just 9 ish currently....should be nearer 16 imo....
Polar Capital share price data is direct from the London Stock Exchange

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