Hargreaves Lansdown (HL.)

Sector:

Financials

Index:

FTSE 250

736.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 927.00p
  • 52 Week Low: 690.40p
  • Currency: UK Pounds
  • Shares Issued: 474.32m
  • Volume: 730,810
  • Market Cap: £3,490.99m
  • RiskGrade: 176

Market overview: Late rally in oil futures boosts Footsie

By Alexander Bueso

Date: Wednesday 20 Apr 2016

LONDON (ShareCast) - (ShareCast News) - 1630:Close The UK's top flight index sprinted back into the green in the last hour of trading, boosted by a rally in crude oil futures in the wake of the latest oil inventory numbers in the US and after the DoE forecast a large drop in America's oil output next year. Banks and homebuilders did well too, especially StanChart with its well-documented exposure to the mining sector. Nonetheless, and on a more ominous note, ex-BoE chief Sir Mervyn King chided governments for not doing enough with the time central banks had bought them. FTSE 100 up 4.91 points to 6,410.26.


1531: In another report published on Wednesday, the EIA forecast that onshore oil production from the Continental US would decline from an average level of 7.41m barrels per day in 2015 to 6.46m b/d in 2016 and 5.76m b/d in 2017. Rising output from the Gulf of Mexico would act as a partial offset, the EIA said, but even so total US oil output would shrink from 9.43m b/d in 2016 to 8.04m b/d in 2017.

1530: According to the Energy Information Administration, the US Department of Energy's statistical arm, commercial oil stockpiles increased by 2.1m barrels to hit 538.6m in the five days ending on 15 April. That was less than 2.75m build which analysts had pencilled-in and came alongside a 3.6m drop in distillate inventories.

1330: Three-month copper futures up now by 2.6% to $4,929.50 on the LME.

1328: "The imposition of recent policies suggests the Chinese government is prioritising achieving its target range of economic growth over the rebalancing of the economy towards consumption-led growth. Stimulus measures should lead to an improved outlook for industrial metal demand this year and possibly next, providing important support to base metal, iron ore and steel prices," Unicredit says.

1313: Analysts at Investec have moved to a "mild positive bias" on miners, raising multiple target prices for stocks in the sector, but cautions that fundamentals in China while mildly improved do not justify recent equity price moves. Instead, those are more a function of US dollar weakness and improved sentiment on the outlook for growth in Asia's largest economy.

1056: Credit Suisse has started coverage of bookmaker Paddy Power Betfair at 'underperform'. Retreat in HL shares is being put down by some market commentary to results out from Swiss rival GAM.

1055: Front month Brent crude futures are down by 1.89% to $43.21 per barrel on the ICE.

0930: Jobless claims ticked up by 6,700 in March, contrary to forecasts for a decrease of 12.500, with headline average earnings undershooting analysts' expectations by an enormous margin.

0849: Stocks are coming under pressure early on as oil futures buckle on news that Kuwaiti public sector workers are set to return to their posts following the walk-out they staged on Sunday. Nonetheless, miners' shares are still in robust health - at least for the moment - extending their recent rally yet again. Financials such as Hargreaves Lansdown and Provident Financial are leading fallers. FTSE 100 down 27.49 points to 6,377.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

HL. Market Data

Currency UK Pounds
Share Price 736.00p
Change Today -2.00p
% Change -0.27 %
52 Week High 927.00p
52 Week Low 690.40p
Volume 730,810
Shares Issued 474.32m
Market Cap £3,490.99m
RiskGrade 176

HL. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
19.18% below the market average19.18% below the market average19.18% below the market average19.18% below the market average19.18% below the market average
69.52% below the sector average69.52% below the sector average69.52% below the sector average69.52% below the sector average69.52% below the sector average
Price Trend
26.17% below the market average26.17% below the market average26.17% below the market average26.17% below the market average26.17% below the market average
8.62% below the sector average8.62% below the sector average8.62% below the sector average8.62% below the sector average8.62% below the sector average
Income
83.86% above the market average83.86% above the market average83.86% above the market average83.86% above the market average83.86% above the market average
75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average75.76% above the sector average
Growth
7.87% above the market average7.87% above the market average7.87% above the market average7.87% above the market average7.87% above the market average
22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average22.22% above the sector average

What The Brokers Say

Strong Buy 4
Buy 3
Neutral 3
Sell 5
Strong Sell 2
Total 17
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HL. Dividends

  Latest Previous
  Interim Final
Ex-Div 29-Feb-24 16-Nov-23
Paid 28-Mar-24 15-Dec-23
Amount 13.20p 28.80p

Trades for 28-Mar-2024

Time Volume / Share Price
16:57 5,454 @ 735.90p
16:35 476,063 @ 736.00p
16:35 2,205 @ 736.00p
16:35 2,375 @ 736.00p
16:35 1,527 @ 736.00p

HL. Key Personnel

CEO Dan Olley
CFO Amy Stirling
Chair Alison Platt

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