If you’re looking for some growth shares to add to your portfolio, then you might want to look at the ones below.

Here’s what you need to know about these highly rated ASX growth shares:

Altium Limited (ASX: ALU)

Altium is a leading printed circuit board (PCB) design software provider. It is the company behind the Altium Designer and cloud-based Altium 365 platforms, the Octopart search engine, and the Nexus workflow PCB solution.

With PCBs found inside almost all electronic devices, the company is exposed to the proliferation of electronic devices globally due to the rapidly growing Internet of Things and artificial intelligence markets. This bodes well for its future growth, especially given its leadership position in the industry.

Analysts at Credit Suisse are positive on the company. The broker currently has an outperform rating and $42.00 price target on its shares.

Kogan.com Ltd (ASX: KGN)

Another growth share to look at is Kogan. This ecommerce company has been a mixed performer over the last 12 months. After initially being one of the biggest winners from changing consumer trends during the pandemic, things went very wrong with its inventory management after demand softened. While this was disappointing, it is only expected to be temporary.

In light of this, analysts at Credit Suisse feel investors should look beyond the short term headwinds and focus on the potential long term gains from the structural shift to online shopping.

Credit Suisse currently has an outperform rating and $17.93 price target on its shares.

WiseTech Global Ltd (ASX: WTC)

A final growth share to consider is WiseTech Global. It is the logistics solutions company behind the popular CargoWise One platform. This platform allows users to execute complex logistics transactions and manage freight operations from a single, easy to use platform.

WiseTech has been experiencing strong demand for its platform in FY 2021. As a result, it is expected to report stellar full year revenue and earnings growth in August. After which, the future looks bright due to its strong market position and growing freight volumes globally. It also looks set to benefit from its customers making acquisitions, which is expected to lead to increased usage.

Morgan Stanley currently has an overweight rating and $35.00 price target on its shares.

The post 3 stellar ASX growth shares that are highly rated appeared first on The Motley Fool Australia.

More reading

• These are the 10 most shorted shares on the ASX
• Here are the 5 worst performing ASX 200 tech shares from FY21
• Here are the 5 best performing ASX 200 tech shares from FY21
• 2 ASX tech shares that might be buys in July 2021
• WiseTech Global (ASX:WTC) share price bounces back to finish in green

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. owns shares of and has recommended Altium, Kogan.com ltd, and WiseTech Global. The Motley Fool Australia owns shares of and has recommended Altium, Kogan.com ltd, and WiseTech Global. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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This afternoon the Reserve Bank of Australia will meet to decide on the cash rate. According to latest Westpac Banking Corp (ASX: WBC) weekly economic report, the banking giant is expecting the central bank to keep rates on hold at the record low of 0.1%.

In fact, it isn’t just this month that the bank expects this to be the case. Westpac is forecasting rates to stay on hold until at least the end of 2022.

As a result, it looks as though dividend shares will remain the best way to generate a passive income for some time to come. But which ASX dividend shares should you buy? Here are two rated as buys:

Coles Group Ltd (ASX: COL)

This supermarket giant could be a dividend share to consider buying. Thanks to its strong market position, focus on automation, and the normalisation of shopping trends, Coles has been tipped to grow its earnings and dividend at a solid rate in the coming years.

Goldman Sachs currently has a buy rating and $19.40 price target on its shares. It is also forecasting fully franked dividends of 62 cents per share in FY 2021 and then 67 cents per share in FY 2022. Based on the current Coles share price of $16.76, this represents yields of 3.7% and 4%, respectively, over the next two years.

Telstra Corporation Ltd (ASX: TLS)

Another ASX dividend share to look at is Telstra. It has been tipped to provide investors with generous dividends over the coming years. This is being underpinned by its leadership position with 5G, asset monetisation, cost cutting, and rational competition.

Goldman Sachs is also a fan of Telstra. It currently has a buy rating and $4.20 price target on its shares. The broker is forecasting fully franked dividends of 16 cents per share through to FY 2023. After which, it is expecting a long-awaited dividend increase to 18 cents per share in FY 2024.

Based on the current Telstra share price of $3.79, this will mean 4.2% yields until an increase to 4.75%.

The post 2 blue chip ASX dividend shares rated as buys appeared first on The Motley Fool Australia.

More reading

• 5 things to watch on the ASX 200 on Tuesday
• Brokers name 2 ASX 200 dividend shares to buy
• Is the Westpac (ASX:WBC) share price still good value?
• These ASX shares are the latest to be hit by broker downgrades
• ASX 200 Weekly Wrap: ASX finishes FY21 on a high

Motley Fool contributor James Mickleboro owns shares of Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COLESGROUP DEF SET and Telstra Corporation Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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On Monday the S&P/ASX 200 Index (ASX: XJO) started the week in a mildly positive manner. The benchmark index finished the day 0.1% higher at 7,315 points.

Will the market be able to build on this on Tuesday? Here are five things to watch:

ASX 200 expected to rise

The Australian share market looks set to push higher again this morning. According to the latest SPI futures, the ASX 200 is expected to open the day 14 points or 0.2% higher. This follows a positive start to the week on European markets, which saw the FTSE rise 0.6%, the CAC rise 0.2%, and the DAX edge 0.1% higher. Wall Street was closed for the Independence Day holiday.

Oil prices jump

Energy producers such as Beach Energy Ltd (ASX: BPT) and Woodside Petroleum Limited (ASX: WPL) could be on the rise today after oil prices jumped overnight. According to Bloomberg, the WTI crude oil price is up 1.6% to US$76.36 a barrel and the Brent crude oil price has risen 1.2% to US$77.10 a barrel. Oil prices jumped after OPEC’s crisis talks were abandoned following a clash between Saudi Arabia and the UAE.

Reserve Bank meeting

The Reserve Bank of Australia will meet today to decide on the cash rate. According to latest Westpac Banking Corp (ASX: WBC) Weekly economic report, the banking giant is expecting the central bank to make no changes. Though, an update on its Yield Curve Targeting (YCT) Program and the Bond Purchase Program are expected.

Gold price rises

Gold miners Evolution Mining Ltd (ASX: EVN) and Northern Star Resources Ltd (ASX: NST) will be on watch after the gold price pushed higher. According to CNBC, the spot gold price is up 0.5% to US$1,792 an ounce. The precious metal hit a two-week high on rising demand in India.

IGO upgraded

The IGO Ltd (ASX: IGO) share price could be good value according to analysts at Goldman Sachs. This morning the broker upgraded the clean energy focused miner’s shares to a buy rating with an improved price target of $9.30. It notes that the completion of the Tianqi Lithium joint venture acquisition creates a high-quality battery materials exposure.

The post 5 things to watch on the ASX 200 on Tuesday appeared first on The Motley Fool Australia.

More reading

• ASX 200 up, Sydney Airport soars, Airtasker rises
• Brokers name 2 ASX 200 dividend shares to buy
• Here are 3 ASX 200 shares making moves on the share market today
• Here are the 5 worst performing ASX 200 tech shares from FY21
• The Centuria Capital (ASX:CNI) share price reaches new all-time high

Motley Fool contributor James Mickleboro owns shares of Westpac Banking Corporation. 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you have room for a tech share or two in your portfolio, then you might want to consider the two listed below.

Here’s why these ASX tech shares are highly rated:

Life360 Inc (ASX: 360)

The first tech share to look at is this San Francisco-based technology company behind the eponymous Life360 mobile app. This is a market leading family-focused app with over 28 million monthly active users globally.

Despite facing headwinds during COVID-19 from lockdowns and lower mobility, Life360 still delivered an impressive 39% increase in normalised revenue to US$81.6 million for the 12 months ending 31 December. Pleasingly, its strong form has continued so far in FY 2021.

As well as announcing the creation of a Family Advisory Council that will bring together well-known celebrities and influencers to help shape the company’s product and marketing strategy, Life360 revealed that it expects its annualised monthly revenue to land towards the higher end of its guidance of US$110 million to US$120 million in 2021. The high end represents a 34% year on year increase.

Morgan Stanley is positive on the company and recently initiated coverage on its shares with an overweight rating and $8.60 price target. It has been impressed with the company’s user base growth and feels that the market under appreciates this.

Xero Limited (ASX: XRO)

Another ASX tech share to look at is Xero. Like Life360, it has been growing strongly over the last 12 months.

For example, the small business and accounting platform provider delivered an 18% increase in revenue to NZ$848.8 million in FY 2021. Key drivers of this growth were its international expansion and the shift to the cloud. These helped underpin a 20% increase in subscribers to 2.74 million.

The good news is that this represents just ~6.1% of its cloud accounting subscriber total addressable market of 45 million. This gives it a long runway for growth. As does its app ecosystem, which has been tipped to be a key driver of growth in the decades to come.

Goldman Sachs is bullish on Xero’s future and believes the company could have a multi-decade runway for growth. As a result, it currently has a buy rating and $151.00 price target on its shares.

The post 2 exciting ASX tech shares tipped as buys appeared first on The Motley Fool Australia.

More reading

• 2 top ASX 200 shares that might be buys today
• Here are the 5 best performing ASX 200 tech shares from FY21
• 5 things to watch on the ASX 200 on Monday
• Here are the 5 best performing ASX tech shares from FY21
• Broker tips Life360 (ASX:360) share price to keep rising after hitting record high

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. owns shares of and has recommended Xero. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Life360, Inc. The Motley Fool Australia owns shares of and has recommended Xero. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Due to ageing populations and improving technologies and treatments, demand for healthcare services is expected to grow strongly over the next few decades.

As a result, the healthcare sector could be a good place to consider investing with a long term view. But which shares should you buy? Two highly rated healthcare shares to consider are listed below:

Healius Ltd (ASX: HLS)

The first healthcare share to look at is Healius. It is one of Australia’s largest pathology and diagnostic imaging providers offering services via numerous brands. These include Dorevitch Pathology, QML Pathology, Laverty Pathology, and Healthcare Imaging Services.

Healius has been a particularly positive performer in FY 2021, reporting a 16% increase in first half revenue to $953.5 million. Things were even better on the bottom line, with first half net profit growing 190% to $75.6 million. This was driven by a very strong performance by its key pathology business, which reported a 22% increase in revenue to $711.4 million and wider margins.

More of the same is expected in the second half, with a bumper full year results being forecast by brokers in August. One of those is Macquarie, which is very bullish on its prospects. The broker currently has an outperform rating and $4.85 price target on its shares.

Nanosonics Ltd (ASX: NAN)

Another healthcare share to consider is Nanosonics. It is a leading infection prevention company behind the popular trophon EPR ultrasound probe disinfection system and associated consumables and accessories.

At present, the company estimates that 80,000 patients are protected from the risk of cross contamination each day because the ultrasound probe has been high-level disinfected with trophon.

Nanosonics has also been researching and developing a number of secretive products, which are due to be launched in the coming years. One of these has just been revealed and is AuditPro. It is a digital platform that has been designed to improve traceability, reporting, and compliance of infection prevention measures for medical devices.

The first focus will be on marketing it as a solution for the ultrasound market, with potential for the new product to be coupled with every ultrasound console at point of care.

One broker that is very positive on its prospects is Morgans. According to a recent note, the broker has an add rating and $6.57 price target on its shares.

The post 2 ASX healthcare shares analysts rate highly appeared first on The Motley Fool Australia.

More reading

• Brokers name 3 ASX shares to buy today
• 2 ASX shares hitting record highs this week
• Top broker gives its verdict on the Nanosonics (ASX:NAN) share price
• What’s moving the Nanosonics (ASX:NAN) share price today?
• 2 excellent ASX shares for buy and hold investors

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. owns shares of and has recommended Nanosonics Limited. The Motley Fool Australia owns shares of and has recommended Nanosonics Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Are you a fan of small caps shares like me? Then you may want to look at these exciting small caps.

Here’s what you need to know about them:

BlueBet Holdings Ltd (ASX: BBT)

BlueBet is a mobile-first online wagering provider. It allows users to bet on all Australian and international racing and sports through its website and app.

Like current market darling Pointsbet Holdings Ltd (ASX: PBH), it has been growing very strongly thanks to the increasing popularity of mobile sports betting. For example, over the last 12 months, BlueBet has doubled its customer numbers to ~90,000. This led to the company’s wagering turnover increasing 63% in 2020 to $266.3 million. This is forecast to grow a further 47% to $390.3 million in 2021.

Positively, management is confident that this trend can continue and believes it is well positioned to substantially grow its current ~1.2% share of the market in Australia.

In addition to this, the company is using some of the funds from its recent IPO to push into the US. In this massive market, the company plans to explore deals with casinos, sporting organisations, and media groups to run their sports books in joint ventures. Agreements in three states – Iowa, Virginia and Colorado – are well advanced.

Serko Ltd (ASX: SKO)

Another small cap to look at is this online travel booking and expense management provider. Serko offers two increasingly popular solutions. These are the Zeno Travel corporate travel tool and the Zeno Expense platform.

Zeno Travel provides AI-powered end-to-end travel itineraries, cost control and travel policy compliance to corporate customers. And Zeno Expense allows users to automate and streamline the expense administration function, identify out-of-policy expense claims, and prevent fraud.

Given its exposure to travel markets, demand for its offering has reduced during the pandemic. However, with travel markets beginning to recover, Serko is beginning to witness big improvements in its performance. It also has a game-changing deal with travel giant Booking.com that is expected to be a major boost when travel markets normalise.

The post 2 exciting small cap ASX shares you should be watching closely appeared first on The Motley Fool Australia.

More reading

• Why the Pushpay (ASX:PPH) share price is under pressure
• ASX 200 Weekly Wrap: ASX finishes FY21 on a high
• BlueBet (ASX:BBT) share price rockets 84% higher following IPO
• 2 highly rated small cap ASX shares to watch
• 4 exciting small cap ASX shares to watch

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. owns shares of and has recommended Pointsbet Holdings Ltd and Serko Ltd. The Motley Fool Australia has recommended Pointsbet Holdings Ltd and Serko Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Cryptocurrencies garnered immense interest during the last financial year, and for good reason. They have been delivering some incredible returns over the past year. But which ones have performed best? You might be intrigued that despite its cult-like following, Bitcoin (CRYPTO: BTC) didn’t even make the cut. So, which ones did?

We have done a deep dive into five cryptocurrencies that outperformed Bitcoin in FY21, each delivering in excess of 2,500% in returns during the financial year.

That means if you had of invested $1,000 in any one of these on 30 June 2020, it would have been worth more than $26,000 a year later.

Without further ado, let’s uncover these cryptos!

These cryptos smashed Bitcoin’s returns

While Bitcoin provided its investors with a sizeable 300% during the last financial year, this pales in comparison to the returns from the following cryptocurrencies.

Theta (CRYPTO: THETA)

The first crypto on the list outpacing the returns of Bitcoin is Theta token. This cryptocurrency is the native token for Theta’s blockchain powered network purpose-built for video streaming. This token is a ‘governance’ token, which means holders of it have a say in the project’s future.

Theta’s developers are seeking to shake up the existing methods of content delivery. In doing so, Theta aims to make video streaming more efficient and provide creators with a larger cut of their revenue. The project counts Steve Chen, co-founder of Youtube and Justin Kan, co-founder of Twitch as advisors.

Theta gained 2745% during the financial year, cementing its spot as the 20^th largest crypto by market capitalisation, at $8.17 billion. The token currently fetches $8.16

Solana (CRYPTO: SOL)

Solana is an open-source project which provides permissionless decentralised finance solutions. This idea was first conceived in 2017 and was launched by Geneva-based company, The Solana Foundation, earlier this year.

The project was founded by former Qualcomm and Dropbox software engineer, Anatoly Yakovenko. An important and appealing factor of Solana is its proof-of-history consensus which allows for greater scalability of the protocol.

Other projects choose to build onto Solana’s technology due to its short processing time for transactions and smart contracts, in addition to low fees. According to the project’s website, Solana can process 50,000 transactions per second.

The Solana token skyrocketed 3,706% to $47.32 per SOL during FY21. That is more than 10 times the return of Bitcoin over the same period.

Theta Fuel (CRYPTO: TFUEL)

Sounds like Theta… Well, that’s because it is. Theta Fuel is the second native token involved with the Theta video streaming project. However, Theta Fuel is not a governance token. Instead, TFUEL acts as the utility or currency within the decentralised video and data delivery platform.

Currently, there are 5.23 million TFUEL tokens in circulation. This number grows over time as more TFUEL is generated as ‘staking rewards’.

The value of Theta Fuel climbed 4,510% during FY21. An incredible gain that far exceeds that of Bitcoin. The market capitalisation of this token is $2.54 billion.

Dogecoin (CRYPTO: DOGE)

The underdoge on the list… No one would have expected that a cryptocurrency that started as a joke would become so prevalent. Dogecoin has likely surpassed the expectations of all of its investors during the last financial year.

Several tweets by Tesla Inc (NASDAQ: TSLA) CEO, Elon Musk, propelled the dog meme inspired cryptocurrency. Speculation of its adoption by the electric vehicle manufacture spread like wildfire. Though the heat has now died down somewhat, dogecoin still managed to deliver unbelievable returns.

During the last financial year, Dogecoin gained 5,095% — nearly 52 times in a year. The cryptocurrency is now the sixth largest in existence.

Polygon (CRYPTO: MATIC)

And finally, one of the best performing cryptocurrencies during the financial year is Polygon. The project describes itself as a protocol and a framework for building and connecting Ethereum-compatible blockchain networks.

Essentially, Polygon is a second layer to Ethereum which seeks to address some of the issues for developers on the Ethereum network. Additionally, polygon states it can offer up to 65,000 transactions per second with confirmation times of less than 2 seconds.

A combination of exceptionally low fees and added functionality has resulted in more than 350 decentralised applications being built on Polygon. With more adoption of the network and its token, the Polygon price blasted 6,760% higher in FY21. That’s a performance that certainly puts Bitcoin’s 300% to shame.

The post These 5 cryptos outperformed Bitcoin in FY21, delivering more than 2500% appeared first on The Motley Fool Australia.

More reading

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• How Tyler Winklevoss plans to go green with Bitcoin
• ASIC just poured cold water on an ASX Bitcoin ETF
• Cathie Wood’s ARK Invest to launch Bitcoin ETF

Motley Fool contributor Mitchell Lawler owns shares in Bitcoin, Ethereum, Dogecoin and Tesla. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Bitcoin and Tesla. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) went up around 0.1% to 7,315 points.

Here are some of the highlights from the ASX:

Sydney Airport Holdings Pty Ltd (ASX: SYD)

The Sydney Airport share price jumped 34% today after receiving a takeover offer.

The offer for the ASX 200 share came from a consortium of infrastructure investors, including IFM Investors, QSuper and Global Infrastructure Management.

Sydney Airport investors are being offered an indicative price of $8.25 cash per share.

The Sydney Airport boards have commenced an assessment of the proposal.

The airport business said:

The indicative proposal has been made during a global pandemic which has deeply affected the aviation industry and the Sydney Airport share price. The indicative price is below where Sydney Airport’s security price traded before the pandemic. The boards are undertaking detailed analysis of, amongst other things, whether the proposal is reflective of the underlying value of the airport given its long-term remaining concession and the expected short-term impact of the pandemic. The boards will update securityholders accordingly.

Airtasker Ltd (ASX: ART)

The Airtasker share price went up 1% today after giving a business update.

It said that FY21 gross marketplace volume (GMV) of $153.1 million has exceeded the prospectus forecast of $143.7 million as well as the upgraded guidance of $148 million to $152 million.

Airtasker saw a “strong” FY21 fourth quarter performance year on year, with GMV up 39.1% compared to the last quarter of FY20.

The company said it expects a softer start to the first quarter of FY22 because of lockdowns, but there’s no impact to full year FY22 targets due to elevated marketplace performance going into lockdowns and historically sharp marketplace recovery.

The 14-day lockdown in Melbourne, at the end of May 2021, saw a temporary decrease in marketplace activity followed by a sharp recovery. There is no impact expected to Airtasker’s full year FY22 outlook.

Australian Ethical Investment Limited (ASX: AEF)

The Australian Ethical share price dropped around 9% after revealing its performance fee from the fund that focuses on emerging companies.

The Emerging Companies Fund will pay a performance fee of $2.89 million after delivering a return of 51.1% after all fees, compared to the benchmark which returned 33% for the year to 30 June 2021.

Australian Ethical’s performance fee revenue less tax and constitutional grant to the Australian Ethical Foundation adds to guidance on underlying profit after tax (UPAT) announced on 26 May 2021. The FY21 UPAT is expected to be between $10.7 million to $11.2 million, a mid-point increase of 18% compared to FY20.

The post ASX 200 up, Sydney Airport soars, Airtasker rises appeared first on The Motley Fool Australia.

More reading

• Here are 3 ASX 200 shares making moves on the share market today
• Here are the 5 worst performing ASX 200 tech shares from FY21
• The Centuria Capital (ASX:CNI) share price reaches new all-time high
• Why Australian Ethical, Clinuvel, Liontown Resources, & Tabcorp shares are dropping
• ASX energy shares in hotseat as OPEC+ struggles to contain crisis

Motley Fool contributor Tristan Harrison has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended Australian Ethical Investment Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Airtasker Limited. The Motley Fool Australia has recommended Australian Ethical Investment Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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On Tuesday the Reserve Bank of Australia will meet to discuss the cash rate. Once again, the market is expecting the central bank to hold firm with rates at the record low of 0.1%.

While this may be disappointing for anyone trying to earn a passive income from savings accounts or term deposits, all is not lost.

The two ASX dividend shares listed below are both rated as buys and tipped to provide generous yields. Here’s what you need to know:

Aurizon Holdings Ltd (ASX: AZJ)

Analysts at Macquarie believe that this rail freight operator’s shares are in the buy zone for income investors. The broker currently has an outperform rating and $4.32 price target on its shares. This compares to the latest Aurizon share price of $3.81.

Macquarie notes that Aurizon is aiming to reduce its exposure to thermal coal over the next decade, which it sees as a good move for ESG reasons. In addition to this, the broker believes the company has almost $1 billion of balance sheet capacity to drive its growth through acquisitions. It suspects that grain companies with port and logistics assets would be a good fit.

In the meantime, the broker is forecasting partially franked dividends of 27.8 cents per share in FY 2021 and then 28.6 cents per share in FY 2022. This represents very attractive yields of 7.3% and 7.5%, respectively.

Westpac Banking Corp (ASX: WBC)

Citi is a fan of this banking giant, which remains its top pick in the sector. The broker currently has a buy rating and $29.50 price target on its shares. This compares to the latest Westpac share price of $25.53.

It likes the bank partly due to its attractive valuation and bold cost base targets. In respect to the latter, Westpac is aiming to reduce its cost base to $8 billion in the coming years. This will be a sizeable reduction from $12.7 billion currently.

Citi is forecasting fully franked dividends of $1.16 per share in FY 2021 and then $1.18 per share in FY 2022. This represents yields of 4.5% and 4.6%, respectively, over the next couple of years.

The post Brokers name 2 ASX 200 dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• Is the Westpac (ASX:WBC) share price still good value?
• ASX 200 Weekly Wrap: ASX finishes FY21 on a high
• Top brokers name 3 ASX shares to buy next week
• ASX 200 up, Westpac caught in potential fraud, RPMGlobal rises
• ASX blue chips set to unleash buybacks and dividends! But which is better?

Motley Fool contributor James Mickleboro owns shares of Westpac Banking Corporation. 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 Aurizon Holdings Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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The S&P/ASX 200 Index (ASX: XJO) is having a rather flat start to the trading week this Monday. At the time of writing, the ASX 200 is up just 0.08% to 7,315 points after initially opening far stronger this morning. Let’s take a look at some of the ASX 200 shares making moves today in terms of trading volume.

3 ASX 200 shares making moves today

Pilbara Minerals Ltd (ASX: PLS)

A regular frequenter on this list, Pilbara shares are once again flying around the ASX today, with 16.74 million shares finding new owners today. That’s despite no official news or announcements out of the company today, and a flat share price. Although with that said, even though Pilbara shares are flat at the time of writing, they also dipped heavily in early trading, falling all the way down to $1.40 (down 3%), before recovering to the current price of $1.46 a share. It’s probably this volatility that resulted in so many Pilbara shares changing hands today. Another factor at play could be a renewed focus on lithium companies that my Fool colleague Brendon covered earlier today.

Cleanaway Waste Management Ltd (ASX: CWY)

Waste management company Cleanaway is another ASX 200 share that is seeing some large trading volumes today. A hefty 20.72 million Cleanaway shares have been traded on the ASX boards today. Once again, there are no major pieces of news or announcement from Cleanaway today (or indeed since 9 June). However, Cleanaway was another ASX share that investors didn’t seem sure what to do with today. Cleanaway shares are currently up 0.76% at $2.64. But earlier today, they climbed as high as $2.69 (up 2.3%) before falling to their current level. At this share price, Cleanaway is up 12.8% year to date in 2021 so far.

Sydney Airport Holdings Pty Ltd (ASX: SYD)

And the winner (by a mile) for the most traded ASX 200 share today goes to Sydney Airport. There’s an easy explanation for the whopping 48.73 million SYD shares that have swapped hands today. This morning, the company advised investors that it had received a takeover offer from a consortium of large infrastructure investors/funds. This consortium put up $8.25 per share in cash for all Sydney Airport shares. This immediately saw the Sydney Airport share price jump by 37%, and it remains up 33.5% at the time of writing to $7.76 a share.

The post Here are 3 ASX 200 shares making moves on the share market today appeared first on The Motley Fool Australia.

More reading

• Here are the 5 worst performing ASX 200 tech shares from FY21
• The Centuria Capital (ASX:CNI) share price reaches new all-time high
• ASX energy shares in hotseat as OPEC+ struggles to contain crisis
• Here are the 5 best performing ASX 200 tech shares from FY21
• Auckland Airport (ASX:AIA) share price jumps 6% on travel bubble news

Motley Fool contributor Sebastian Bowen 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 no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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