Shares of Hargreaves Lansdown PLC (LON:HL) reached a new 52-week high during trading on Wednesday . The company traded as high as GBX 1,567 ($20.68) and last traded at GBX 1,556 ($20.53), with a volume of 858,557 shares traded. The stock had previously closed at GBX 1,534 ($20.24).
Several brokerages have recently issued reports on HL. Numis Securities Ltd reissued an “add” rating and issued a GBX 1,497 ($19.75) price target on shares of Hargreaves Lansdown PLC in a report on Tuesday, August 15th. Peel Hunt reissued an “add” rating and issued a GBX 1,495 ($19.73) price target on shares of Hargreaves Lansdown PLC in a report on Tuesday, August 15th. Shore Capital reissued a “buy” rating on shares of Hargreaves Lansdown PLC in a report on Monday, August 21st. Finally, Jefferies Group LLC boosted their price objective on shares of Hargreaves Lansdown PLC from GBX 1,380 ($18.21) to GBX 1,395 ($18.41) and gave the company a “hold” rating in a research report on Tuesday, July 11th. Three equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,405.25 ($18.54).
The company has a 50 day moving average of GBX 1,474.76 and a 200 day moving average of GBX 1,387.48. The firm’s market cap is GBX 7.38 billion.
The firm also recently disclosed a dividend, which was paid on Friday, October 20th. Shareholders of record on Thursday, September 28th were paid a GBX 20.40 ($0.27) dividend. This represents a dividend yield of 1.51%. The ex-dividend date of this dividend was Thursday, September 28th.
In related news, insider Christopher Hill sold 6,144 shares of the firm’s stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of GBX 1,343 ($17.72), for a total transaction of £82,513.92 ($108,886.14).
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Hargreaves Lansdown PLC Company Profile
Hargreaves Lansdown plc offers a direct to investor investment service. The Company provides execution only, advisory services and third-party investments for individuals and corporates. Its segments are the Vantage division, the Discretionary/Managed division and the Third Party/Other Services division.
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