IGM Financial Inc.

IGM-T

TSE:IGM

38.46
0.11 (0.29%)
IGM Financial Inc. is a Canadian financial services company, with $133.6 billion in total assets under management as at December 31, 2015. It is a publicly traded subsidiary of Power Corporation of Canada.
More at Wikipedia

Analysis and Opinions about IGM-T

Signal
Opinion
Expert
TOP PICK
TOP PICK
June 5, 2012
Lost market share due to poor performance. Stock has taken it in the chin. As a result of dip, stock has a dividend of over 5%. If they get market share increase or markets go up you will see this rise to 10 or 15% of current price.
Lost market share due to poor performance. Stock has taken it in the chin. As a result of dip, stock has a dividend of over 5%. If they get market share increase or markets go up you will see this rise to 10 or 15% of current price.
David Baskin
President, Baskin Wealth Management
Price
$39.410
Owned
Yes
BUY
BUY
March 8, 2012
A fine institution. Plays it through Power Financial because of the dividend. Nothing wrong with playing it this way.
A fine institution. Plays it through Power Financial because of the dividend. Nothing wrong with playing it this way.
Christine Poole
CEO & Managing Director, GlobeInvest Capital Management
Price
$45.640
Owned
Yes
TOP PICK
TOP PICK
December 7, 2011
Preferred B 5.9% Series B. Perpetual. Company has a great fee based system.
IGM Financial Inc. (IGM-T)
December 7, 2011
Preferred B 5.9% Series B. Perpetual. Company has a great fee based system.
Randy LeClair
Chief Investment Officer & Portfolio Manager, Portland Investment Counsel
Price
$45.420
Owned
Yes
TOP PICK
TOP PICK
August 24, 2011
Terrific dividend. One of highest of the big companies on the TSX. 15-20% discount to where it was a month ago. Strong ownership to the Power Group. Big worry is people moving out of stock market. He doesn’t believe it with current low interest rates.
Terrific dividend. One of highest of the big companies on the TSX. 15-20% discount to where it was a month ago. Strong ownership to the Power Group. Big worry is people moving out of stock market. He doesn’t believe it with current low interest rates.
David Baskin
President, Baskin Wealth Management
Price
$43.370
Owned
Yes
COMMENT
COMMENT
June 29, 2011
Why is the stock going up when mutual fund assets would be shrinking with the recent market decline? This is because assets have been growing in the group. Whether the market is up or down in a short period of time, it's the assets that are affecting the stock.
Why is the stock going up when mutual fund assets would be shrinking with the recent market decline? This is because assets have been growing in the group. Whether the market is up or down in a short period of time, it's the assets that are affecting the stock.
Norman Levine
Managing Director, Portfolio Management Corp
Price
$50.010
Owned
No
PAST TOP PICK
PAST TOP PICK
September 28, 2010
(A Top Pick Sept 23/09. Down 2.65%.)
IGM Financial Inc. (IGM-T)
September 28, 2010
(A Top Pick Sept 23/09. Down 2.65%.)
David Baskin
President, Baskin Wealth Management
Price
$41.500
Owned
Yes
SELL
SELL
August 30, 2010
Very solid company with a solid dividend but there is not a lot of growth and doesn't get him excited. There's nothing in the asset management area that really excites him.
Very solid company with a solid dividend but there is not a lot of growth and doesn't get him excited. There's nothing in the asset management area that really excites him.
Jason Donville
President & CEO, Donville Kent Asset Management
Price
$39.850
Owned
No
TOP PICK
TOP PICK
February 25, 2010
A lot of money got moved into money market funds, where they don’t make any money for the company. That money is moving back into higher margin products. Likes it very much for its yield and history of raising dividend. This is a direct play on the growth of the mutual fund industry
IGM Financial Inc. (IGM-T)
February 25, 2010
A lot of money got moved into money market funds, where they don’t make any money for the company. That money is moving back into higher margin products. Likes it very much for its yield and history of raising dividend. This is a direct play on the growth of the mutual fund industry
David Baskin
President, Baskin Wealth Management
Price
$42.750
Owned
Yes
TOP PICK
TOP PICK
October 27, 2009
Fell out of favour when the market went down so much and people were concerned that money was fleeing mutual funds. Starting to come back big time. 5% yield.
IGM Financial Inc. (IGM-T)
October 27, 2009
Fell out of favour when the market went down so much and people were concerned that money was fleeing mutual funds. Starting to come back big time. 5% yield.
David Baskin
President, Baskin Wealth Management
Price
$39.440
Owned
Yes
TOP PICK
TOP PICK
September 23, 2009
With the recession, everybody got gun shy about the market and a lot of money went out of equity and balanced mutual funds and into the money market. This company hasn't seen a lot of net sales until the last month. Thinks there will be terrific net sales in the2nd half and going into 2010. Control their costs very well. Terrific 4.6% dividend yield with room to grow.
IGM Financial Inc. (IGM-T)
September 23, 2009
With the recession, everybody got gun shy about the market and a lot of money went out of equity and balanced mutual funds and into the money market. This company hasn't seen a lot of net sales until the last month. Thinks there will be terrific net sales in the2nd half and going into 2010. Control their costs very well. Terrific 4.6% dividend yield with room to grow.
David Baskin
President, Baskin Wealth Management
Price
$44.990
Owned
Yes
BUY
BUY
September 10, 2009
If you believe in an economic and stock market recovery, this is one of the top names. He plays this through Power Financial (PWF-T), which owns a part of them plus Great West Life (GWO-T). 4.9% yield.
IGM Financial Inc. (IGM-T)
September 10, 2009
If you believe in an economic and stock market recovery, this is one of the top names. He plays this through Power Financial (PWF-T), which owns a part of them plus Great West Life (GWO-T). 4.9% yield.
Peter Brieger
Chairman & Chief Executive Officer, GlobeInvestment Capital Management
Price
$41.900
Owned
No
BUY
BUY
April 28, 2009
May have broken out a bit. This is the finest of the non-bank, long-term money management firms and is going to stay that way. A long term buy.
May have broken out a bit. This is the finest of the non-bank, long-term money management firms and is going to stay that way. A long term buy.
Michael Smedley
Exec VP & Chief Investment Officer, Morgan Meighan & Associates
Price
$35.700
Owned
No
TOP PICK
TOP PICK
April 27, 2009
Investors network is much more stable than others in the area. 6% dividend is sustainable and has history of increasing. Biggest risk is another leg down in the bear market.
Investors network is much more stable than others in the area. 6% dividend is sustainable and has history of increasing. Biggest risk is another leg down in the bear market.
Gavin Graham
Trustee, Pointbreak ETFs
Price
$34.100
Owned
Yes
BUY
BUY
April 7, 2009
Mutual fund companies are high beta stocks on the stock market. They will go up more than the market and down more than the market. A good entry opportunity. In the short term, it can be volatile.
Mutual fund companies are high beta stocks on the stock market. They will go up more than the market and down more than the market. A good entry opportunity. In the short term, it can be volatile.
Laura Wallace
Managing Director, Coleford Investment Management
Price
$32.990
Owned
Yes
COMMENT
COMMENT
March 10, 2009
(Market Call Minute.) A financial that is trying to bottom. You need more technical evidence of a low and hopefully you will get that in the next couple of weeks.
(Market Call Minute.) A financial that is trying to bottom. You need more technical evidence of a low and hopefully you will get that in the next couple of weeks.
Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$26.870
Owned
Unknown
Showing 61 to 75 of 215 entries