Shore Capital restated their buy rating on shares of Hargreaves Lansdown (LON:HL – Free Report) in a research note released on Tuesday morning, MarketBeat.com reports.
Separately, Royal Bank of Canada cut their price objective on shares of Hargreaves Lansdown from GBX 850 ($10.68) to GBX 825 ($10.36) and set a sector perform rating on the stock in a report on Monday, February 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and two have assigned a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of Hold and a consensus price target of GBX 887.75 ($11.15).
Check Out Our Latest Report on Hargreaves Lansdown
Hargreaves Lansdown Stock Performance
Hargreaves Lansdown Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, February 29th were issued a GBX 13.20 ($0.17) dividend. This represents a yield of 1.64%. The ex-dividend date of this dividend was Thursday, February 29th. Hargreaves Lansdown’s dividend payout ratio (DPR) is presently 6,086.96%.
Insider Buying and Selling at Hargreaves Lansdown
In related news, insider Amy Stirling acquired 6,764 shares of the company’s stock in a transaction that occurred on Friday, February 23rd. The shares were acquired at an average price of GBX 739 ($9.28) per share, with a total value of £49,985.96 ($62,788.54). In other Hargreaves Lansdown news, insider Amy Stirling bought 6,764 shares of Hargreaves Lansdown stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average cost of GBX 739 ($9.28) per share, for a total transaction of £49,985.96 ($62,788.54). Also, insider Darren Pope acquired 3,999 shares of the business’s stock in a transaction dated Wednesday, February 28th. The shares were acquired at an average cost of GBX 746 ($9.37) per share, with a total value of £29,832.54 ($37,473.36). Insiders have acquired 29,459 shares of company stock valued at $21,966,458 in the last 90 days. 25.77% of the stock is currently owned by company insiders.
Hargreaves Lansdown Company Profile
Hargreaves Lansdown plc provides investment services for individuals and corporates in the United Kingdom and Poland. The company offers stocks and shares individual savings accounts (ISAs), fund and share accounts, and junior and lifetime ISAs. It also provides pension services, including self-invested personal pensions (SIPP), junior SIPPs, annuities, and drawdown; share dealing services; fund dealing; and cash management services.
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