Hargreaves Lansdown PLC (LON:HL) declared a dividend on Thursday, August 8th, Upcoming.Co.Uk reports. Stockholders of record on Thursday, September 26th will be paid a dividend of GBX 31.70 ($0.41) per share on Friday, October 18th. This represents a dividend yield of 1.63%. The ex-dividend date is Thursday, September 26th. This is a positive change from Hargreaves Lansdown’s previous dividend of $10.30. The official announcement can be accessed at this link.
Shares of LON HL opened at GBX 1,886 ($24.64) on Friday. The stock has a market cap of $8.93 billion and a price-to-earnings ratio of 36.27. Hargreaves Lansdown has a 52 week low of GBX 1,624 ($21.22) and a 52 week high of GBX 2,447 ($31.97). The company’s 50-day moving average price is GBX 2,019.62 and its 200 day moving average price is GBX 1,985.42.
Several equities research analysts have issued reports on HL shares. Numis Securities reaffirmed a “hold” rating on shares of Hargreaves Lansdown in a research note on Monday, June 10th. Shore Capital reaffirmed a “hold” rating on shares of Hargreaves Lansdown in a research note on Thursday, August 8th. Barclays decreased their target price on shares of Hargreaves Lansdown from GBX 2,320 ($30.31) to GBX 2,115 ($27.64) and set an “equal weight” rating on the stock in a research report on Friday, August 9th. Peel Hunt raised shares of Hargreaves Lansdown to an “add” rating and raised their target price for the stock from GBX 1,750 ($22.87) to GBX 2,000 ($26.13) in a research report on Thursday, August 8th. Finally, JPMorgan Chase & Co. reissued an “underweight” rating and issued a GBX 1,630 ($21.30) target price (up from GBX 1,575 ($20.58)) on shares of Hargreaves Lansdown in a research report on Monday, May 13th. Three analysts have rated the stock with a sell rating and six have issued a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of GBX 1,826.11 ($23.86).
Hargreaves Lansdown Company Profile
Hargreaves Lansdown plc provides direct-to-investor investment services for individuals and corporates in the United Kingdom and Poland. Its flagship service is Vantage, a direct-to-investor platform. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, self-invested personal pensions (SIPPs), and lifetime ISAs.
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