Robert Bloore Buys 5,830 Shares of IOOF Holdings Limited (ASX:IFL) Stock

IOOF Holdings Limited (ASX:IFL) insider Robert Bloore acquired 5,830 shares of IOOF stock in a transaction on Wednesday, March 18th. The shares were bought at an average cost of A$3.43 ($2.43) per share, with a total value of A$20,002.73 ($14,186.33).

IOOF stock opened at A$3.47 ($2.46) on Thursday. The stock has a 50 day moving average of A$5.60 and a two-hundred day moving average of A$6.91. IOOF Holdings Limited has a twelve month low of A$3.25 ($2.30) and a twelve month high of A$8.45 ($5.99). The stock has a market capitalization of $1.22 billion and a price-to-earnings ratio of 150.87. The company has a current ratio of 1.82, a quick ratio of 1.75 and a debt-to-equity ratio of 25.90.

The business also recently announced a Interim dividend, which was paid on Monday, March 16th. Stockholders of record on Monday, March 16th were issued a $0.16 dividend. This represents a dividend yield of 2.3%. The ex-dividend date was Tuesday, February 25th. IOOF’s payout ratio is currently 1,217.39%.

IOOF Company Profile

IOOF Holdings, Ltd. engages in the development, distribution, management, and administration of various financial products and services. It operates through two segments, Wholesale Funds Management, and Retail Funds Management and Administration. The Wholesale Funds Management segment engages in the management and investment of monies on behalf of private, corporate, superannuation, and institutional clients.

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