IntegraFin Holding (IHP)

Sector:

Financials

Index:

FTSE 250

545.00p
   
  • Change Today:
    -3.50p
  • 52 Week High: 593.00p
  • 52 Week Low: 478.50p
  • Currency: UK Pounds
  • Shares Issued: 331.32m
  • Volume: 427,794
  • Market Cap: £1,805.70m
  • RiskGrade: 134

Transact owner IntegraFin sees FUD pass £50bn for first time

By Michele Maatouk

Date: Tuesday 20 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Transact owner IntegraFin reported a rise in third-quarter funds under (FUD) direction on Tuesday amid positive equity markets.
In the quarter ended 30 June, FUD rose 7.2% over the previous quarter to £50.3bn. Over the same period, the FTSE All Share Index increased 4.8% and the MSCI World Index (Large & Mid Cap) pushed up 7.2%.

Net inflows rose to £2bn from £1.2bn in the same quarter a year ago, while outflows stood at £657m compared to £428m.

Chief executive officer Alex Scott said: "With our highest ever third quarter gross inflows, the strong growth seen in the first half of our financial year has continued. Outflows remained in line with the previous quarter, resulting in record third quarter net inflows. A comparison with the same period from the prior year is distorted by the impact of Covid-19, however, in comparison to the third quarter 2019, net flows have increased at an annual rate of 30%."

He noted that equity markets remained positive over the quarter and said this also contributed to FUD passing £50bn for the first time.

"We continue to invest in high levels of service to drive top-line growth and to maximise customer experience. As previously stated, the full year numbers will include elements of non-recurring cost which we signalled at the half year.

"Whilst we look forward to returning to our offices in the next quarter, on a new flexible working plan, we remain cautious of the immediate health impacts and longer term economic impacts of Covid-19."

At 0905 BST, the shares were up 3.9% at 524p.

Numis said: "We believe the increased net flows are being supported by enforced savings due to Covid-19 becoming enforced investments, and we believe that this trend is likely to continue.

"Despite the stronger than expected net inflows we do not expect to upgrade, due to the recent market weakness, nevertheless we believe net inflows are more significant than transitory market moves. The group is now trading on 29.2x current year earnings."

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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.

 

IHP Market Data

Currency UK Pounds
Share Price 545.00p
Change Today -3.50p
% Change -0.64 %
52 Week High 593.00p
52 Week Low 478.50p
Volume 427,794
Shares Issued 331.32m
Market Cap £1,805.70m
RiskGrade 134

IHP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.94% below the market average95.94% below the market average95.94% below the market average95.94% below the market average95.94% below the market average
93.98% below the sector average93.98% below the sector average93.98% below the sector average93.98% below the sector average93.98% below the sector average
Price Trend
18.97% above the market average18.97% above the market average18.97% above the market average18.97% above the market average18.97% above the market average
10.00% above the sector average10.00% above the sector average10.00% above the sector average10.00% above the sector average10.00% above the sector average
Income
40.47% below the market average40.47% below the market average40.47% below the market average40.47% below the market average40.47% below the market average
76% below the sector average76% below the sector average76% below the sector average76% below the sector average76% below the sector average
Growth
70.91% above the market average70.91% above the market average70.91% above the market average70.91% above the market average70.91% above the market average
19.01% above the sector average19.01% above the sector average19.01% above the sector average19.01% above the sector average19.01% above the sector average

What The Brokers Say

Strong Buy 3
Buy 0
Neutral 4
Sell 0
Strong Sell 0
Total 7
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

IHP Dividends

  Latest Previous
  1st Interim 2nd Interim
Ex-Div 27-May-21 24-Dec-20
Paid 25-Jun-21 22-Jan-21
Amount 3.00p 5.60p

Trades for 24-Sep-2021

Time Volume / Share Price
16:35 50,511 @ 545.00p
16:29 18 @ 545.00p
16:29 187 @ 544.50p
16:29 63 @ 544.50p
16:29 526 @ 544.50p

IHP Key Personnel

CEO Alexander Scott
Chair Richard Cranfield

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