Are you wanting to make some new additions to your portfolio?

If you are, then analysts think the two ASX 200 shares listed below could be worth considering. Here’s why these shares are rated as buys:

Altium Limited (ASX: ALU)

The first ASX 200 share that could be a great buy and hold option is Altium.

Altium is a software company that focuses on electronic design systems for 3D printed circuit board (PCB) design and embedded system development. It is used by design teams of all shapes and sizes. This includes the likes of BAE Systems, Dell, Microsoft, NASA, and Tesla.

Thanks to favourable industry tailwinds and its leadership position, management is forecasting strong revenue growth in the coming years. It is is aiming to achieve US$500 million in revenue by 2026, which will be more than double FY 2022’s revenue of US$220.8 million.

Morgan Stanley is a fan of the company. It currently has a buy rating and $43.50 price target on its shares.

Aristocrat Leisure Limited (ASX: ALL)

Aristocrat could be another ASX 200 share to buy and hold.

It is a gaming technology company with a portfolio of industry-leading poker machines, a lucrative digital business, and a fledgling real money gaming business. The latter recently launched with a deal with BetMGM.

Goldman Sachs is confident in the company’s long term outlook. This is due to Aristocrat “holding a top 3 spot in slot machine sales in the US, having a strong digital gaming offering, and now launching into the growing iGaming market.”

Goldman has a buy rating and $42.80 price target on its shares.

The post Buy and hold these ASX 200 shares: brokers appeared first on The Motley Fool Australia.

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More reading

• 2 ASX growth shares to buy: Goldman Sachs
• 5 high-profile ASX 200 shares that will trade ex-dividend on Monday
• How I’d invest $20,000 in ASX 200 shares to aim for a million
• Buy these 3 ASX growth shares this month: experts
• Guess which ASX 200 share is giving another $500 million back to its shareholders

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Are you looking for some ASX 200 dividend shares to add to your income portfolio?

If you are, then experts think the two listed below could be top options this month. Here’s what you need to know about them:

Coles Group Ltd (ASX: COL)

The first ASX 200 dividend share that has been tipped as a buy is Coles.

It is one of Australia’s largest retailers with a portfolio of over 800 supermarkets and over 900 liquor retail stores.

Citi was pleased with the company’s first-half performance and remains positive on the company’s outlook. It said:

Coles reported 1H23 EBIT from continuing operations of $1,058 million, ~6% ahead of Citi and consensus. Steven Cain leaves the business in good shape and we see Leah Weckert as the natural successor. Sales momentum has improved, owing somewhat to easier comps. Considering the historical 1H/2H skew of earnings, there appears to be upside to FY23e consensus EBIT.

The broker currently has a buy rating and $20.20 price target on its shares.

As for dividends, Citi is expecting fully franked dividends per share of 69 cents in FY 2023 and 71 cents in FY 2024. Based on the current Coles share price of $17.76, this implies yields of 3.9% and 4%, respectively.

Wesfarmers Ltd (ASX: WES)

This conglomerate could also be an ASX 200 dividend share to buy.

It may not own Coles anymore, but it still has a range of high quality businesses such as Bunnings, Covalent Lithium, Kmart, Officeworks, and Priceline.

Analysts at Morgans note that the company’s recent half-year result “was marginally below our forecasts but well above consensus.” Nevertheless, the broker sees plenty of value in its shares at the current level. It said:

Trading on 21.9x FY24F PE and 3.9% yield, we continue to see WES’s valuation as attractive for a high-quality business with a diversified group of retail and industrial brands, a solid balance sheet, and an experienced leadership team that will continue delivering long-term value for shareholders.

Morgans has an add rating and $55.60 price target on Wesfarmers’ shares.

In respect to dividends, the broker is forecasting fully franked dividends per share of $1.82 in FY 2023 and $1.89 in FY 2023. Based on the current Wesfarmers share price of $49.94, this will mean yields of 3.6% and 3.8%, respectively.

The post Experts name 2 ASX 200 dividend shares for a passive income boost appeared first on The Motley Fool Australia.

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More reading

• I’d aim for $1 million, thanks to just a few ASX shares
• How I’d aim to replace an entire salary with passive income from ASX dividend shares
• ASX investors: How to earn $533 each month in passive income
• Top ASX dividend shares to buy in March 2023
• Why Brainchip, Coles, Karoon Energy, and Pilbara Minerals shares are tumbling

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has positions in and has recommended Coles Group and Wesfarmers. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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S&P/ASX 300 (ASX: XKO) shares closed down 0.8% today, with multinational human services provider APM Human Services International Pty (ASX: APM) following suit, down 3.51% to $2.25.

APM provides various human services including disability employment and aged care assessments.

Over the past three months, APM shares have tumbled 15%, and one company director is taking full advantage of the fall.

Who just invested $2 million in this ASX 300 share?

She’s not just a director, she’s the founder and executive chair of APM, Megan Wynne.

A change of director’s interest notice lodged with the ASX reveals Wynne bought 845,000 shares in the ASX 300 human resources business in two parcels last Wednesday and Friday.

Wynne paid a total of $1,985,224 for her increased holdings.

This means she paid an average price of $2.35 per share for her extra APM stocks.

These were on-market trades made by Wynne indirectly through a family trust.

Why did this company director buy?

Well, that’s a question we can’t answer for sure. But it’s fair to assume that Wynne sees value in her ASX 300 company at the share price it’s trading at today.

After all, this is her own money she’s spent, not company money.

Looking at APM shares over the past 12 months, we see that the ASX 300 share has had a torrid time.

The red line is certainly choppy, and over this period the APM share price has fallen by 19.3%.

By comparison, ASX 300 shares have risen by a collective 4%.

APM share price history

Since listing in November 2021, APM shares have struggled to beat their IPO offer price of $3.55.

The ASX 300 company had a highly successful initial public offering (IPO), raising about $982.1 million via the issue of 276.7 million shares.

But since it began trading, the ASX 300 stock has never traded above its offer price. It’s returned to $3.55 a few times but has never exceeded it.

Although the company is 27 years old, it’s comparatively very young compared to other ASX 300 shares.

So, it’s early days for APM shareholders. It’s certainly not uncommon for newer ASX shares to not produce a capital gain in their first 15 months of trading, so let’s keep some perspective here.

APM does pay dividends though, with its first one paid in September 2022. That dividend was 5 cents per share. This represented a dividend yield of 1.61% at the time when the shares were trading for $3.10.

APM will pay its second dividend — also 5 cents per share — on 29 March. It goes ex-dividend tomorrow.

At today’s share price, APM currently offers a trailing 12-month dividend yield of 4.44%.

The post This ASX 300 director just loaded up on $2 million worth of her company’s shares appeared first on The Motley Fool Australia.

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More reading

• Should I buy CSL shares while they’re under $300?
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• Top brokers name 3 ASX shares to buy today
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• Why Westpac shares are a smart buy for ASX bargain hunters

Motley Fool contributor Bronwyn Allen has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended APM Human Services International. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Looking for a growth share or maybe two to buy? If you are, you may want to look at the two listed below.

Here’s why these ASX growth shares are rated highly right now:

Temple & Webster Group Ltd (ASX: TPW)

The first ASX growth share that analysts are bullish on is Temple & Webster.

It is Australia’s leading online retailer of furniture and homewares. It operates largely through a drop-shipping model, which is complemented by a private label range sourced directly by management.

While a weaker than expected trading update with its half-year results spooked the market last month, Goldman Sachs believes the selloff that ensued has created a buying opportunity. Particularly given its belief that the soft update reflects “the lapping of omicron rather than a deterioration in underlying trends.”

In light of this, the broker has put a buy rating and $6.50 price target on the company’s shares. It adds:

The long term structural growth opportunity is unchanged: we forecast a 21% 10-yr EBITDA CAGR driven by consolidation of market share and growing online penetration.

Xero Limited (ASX: XRO)

Another ASX growth that has been named as a buy is Xero. Xero is a global small business platform which provides its 3.3 million global subscribers with a core accounting solution, as well as payroll, workforce management, expenses and projects solutions.

In addition, Xero provides access to financial services, an ecosystem of more than 1,000 connected apps, and more than 300 connections to banks and other financial institutions.

Citi is a fan of the company and is forecasting very strong growth over the coming years. And while the current operating environment is not ideal, the broker believes that things are actually better than expected. It commented:

Our analysis of company insolvency and formation data points to normalising trends, with insolvency increasing and new business formation slowing in the Dec quarter across most markets except for the UK. However, except for NZ, the increase in insolvencies in 2H23e to date is tracking below our 2H23e churn assumptions. Website visits and app downloads are slowing across most markets; however, we see this as less correlated with subscriber growth but do note that add-on app downloads (Xero Me, Planday) are seeing good growth, which is positive for ARPU.

Citi has a buy rating and $92.40 price target on the company’s shares.

The post Analysts say these exciting ASX growth shares are buys this month appeared first on The Motley Fool Australia.

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More reading

• Why are ASX 200 tech stocks like Xero having such a stellar start to the week?
• 2 ASX growth shares to buy: Goldman Sachs
• These are the ASX 200 shares to buy in March: experts
• 3 incredible ASX 200 growth shares to buy: analysts
• These are my top ASX 200 growth shares to buy today

Motley Fool contributor James Mickleboro has positions in Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Temple & Webster Group and Xero. The Motley Fool Australia has positions in and has recommended Xero. The Motley Fool Australia has recommended Temple & Webster Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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