Quilter PLC Announces Change in Major Shareholder Holdings

Quilter ( (GB:QLT) ) has provided an update.

Quilter PLC has announced a change in its major holdings, with the Public Investment Corporation SOC Limited, based in Pretoria, South Africa, reducing its voting rights from 12.530% to 11.997%. This adjustment in voting rights reflects a minor shift in shareholder influence, which may have implications for Quilter’s governance and strategic decision-making processes.

The most recent analyst rating on (GB:QLT) stock is a Buy with a £175.00 price target. To see the full list of analyst forecasts on Quilter stock, see the GB:QLT Stock Forecast page.

Spark’s Take on GB:QLT Stock

According to Spark, TipRanks’ AI Analyst, GB:QLT is a Neutral.

Quilter’s overall stock score is influenced by its solid cash flow and strategic corporate events, which bolster confidence. However, challenges in consistent revenue generation and negative valuation indicators weigh on the score. Strong technical momentum and high dividend yield provide additional support, but the lack of recent earnings call data leaves some uncertainty.

To see Spark’s full report on GB:QLT stock, click here.

More about Quilter

Quilter PLC is a UK-based company operating in the financial services industry. It primarily offers investment and wealth management services, focusing on providing financial advice and solutions to individual and institutional clients.

Average Trading Volume: 1,921,526

Technical Sentiment Signal: Buy

Current Market Cap: £2.13B

Learn more about QLT stock on TipRanks’ Stock Analysis page.