Hargreaves Lansdown (LON:HL – Get Rating) had its price objective cut by Deutsche Bank Aktiengesellschaft from GBX 1,530 ($20.14) to GBX 1,250 ($16.46) in a research report report published on Thursday morning, Marketbeat.com reports. They currently have a hold rating on the stock. Several other research firms also recently commented on HL. Berenberg Bank downgraded […]
Hargreaves Lansdown plc (LON:HL – Get Rating) declared a dividend on Tuesday, February 22nd, Upcoming.Co.Uk reports. Stockholders of record on Thursday, March 3rd will be paid a dividend of GBX 12.26 ($0.16) per share on Friday, April 1st. This represents a dividend yield of 0.94%. The ex-dividend date is Thursday, March 3rd. The official announcement […]
Deutsche Bank Aktiengesellschaft reaffirmed their hold rating on shares of Hargreaves Lansdown (LON:HL – Get Rating) in a research report released on Wednesday, PriceTargets.com reports. The firm currently has a GBX 1,650 ($22.44) target price on the stock. A number of other equities research analysts have also recently issued reports on the stock. Barclays reiterated […]
13 May 2021 | 07:39am
StockMarketWire.com - Hargreaves Lansdown reported a rise in assets under administration for the four months through April 2021, thanks to record new business as clients ramped up contributions into their tax beneficial accounts.
For the four month period to 30 April 2021, assets under administration rose 28% to £132.9 billion, with net new active clients of 126,000 in the period.
Revenue for the period was £233.2 million, up from £190.2 million, amid record dealing volumes including elevated trading in international equities, driven by interest in US stocks from existing clients.
During the period, there was very strong growth with record net new business, record ISA subscriptions, record client growth, and record share dealing volumes, the company said.
Hargreaves Lansdown enjoys record ISA season as share dealing boom continues
“We have also continued to see significantly elevated levels of client engagement throughout the period, with a 150% increase in the number of people logging into their accounts, particularly via the mobile app,” said boss Chris Hill
Hargreaves Lansdown PLC (LON:HL.) attracted record levels of new business in the first four months of 2021, with record ISA subscriptions and record share dealing volumes.
The UK’s largest investment and pension platform saw net inflows of £4.6bn in the period, which was even higher than the £4.3bn that analysts on average expected.