Hargreaves Lansdown (LON:HL) Share Price Crosses Above Two Hundred Day Moving Average of $739.67

Hargreaves Lansdown plc (LON:HL) shares passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 739.67 ($9.29) and traded as high as GBX 835.60 ($10.50). Hargreaves Lansdown shares last traded at GBX 824.80 ($10.36), with a volume of 765,148 shares traded.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on HL. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,035 ($13.00) target price on shares of Hargreaves Lansdown in a research note on Wednesday, May 1st. Royal Bank of Canada cut their price objective on Hargreaves Lansdown from GBX 850 ($10.68) to GBX 825 ($10.36) and set a “sector perform” rating for the company in a research report on Monday, February 26th. Shore Capital restated a “buy” rating on shares of Hargreaves Lansdown in a research note on Tuesday, April 30th. Finally, Barclays upped their target price on shares of Hargreaves Lansdown from GBX 1,210 ($15.20) to GBX 1,250 ($15.70) and gave the stock an “overweight” rating in a research report on Wednesday, May 1st. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of GBX 921.20 ($11.57).

Hargreaves Lansdown Trading Down 0.9 %

The business has a 50 day moving average of GBX 743.38 and a 200 day moving average of GBX 740.27. The company has a debt-to-equity ratio of 1.43, a current ratio of 2.27 and a quick ratio of 2.04. The firm has a market capitalization of £3.87 billion, a price-to-earnings ratio of 1,195.36, a PEG ratio of 4.22 and a beta of 0.62.

Hargreaves Lansdown Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, February 29th were paid a GBX 13.20 ($0.17) dividend. The ex-dividend date was Thursday, February 29th. This represents a dividend yield of 1.64%. Hargreaves Lansdown’s dividend payout ratio (DPR) is presently 6,086.96%.

Insider Activity at Hargreaves Lansdown

In other news, insider Alison Platt purchased 18,696 shares of Hargreaves Lansdown stock in a transaction dated Monday, February 26th. The shares were bought at an average cost of GBX 748 ($9.40) per share, with a total value of £139,846.08 ($175,686.03). In other Hargreaves Lansdown news, insider Alison Platt purchased 18,696 shares of the company’s stock in a transaction dated Monday, February 26th. The shares were bought at an average price of GBX 748 ($9.40) per share, with a total value of £139,846.08 ($175,686.03). Also, insider Amy Stirling acquired 6,764 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was acquired at an average price of GBX 739 ($9.28) per share, with a total value of £49,985.96 ($62,796.43). Insiders have bought 29,459 shares of company stock worth $21,966,458 in the last ninety days. Company insiders own 25.77% of the company’s stock.

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.