Hargreaves Lansdown (HL.)

Sector:

Financials

Index:

FTSE 100

870.60p
   
  • Change Today:
    -25.40p
  • 52 Week High: 1,598.00p
  • 52 Week Low: 762.60p
  • Currency: UK Pounds
  • Shares Issued: 474.32m
  • Volume: 938,754
  • Market Cap: £4,129.42m
  • RiskGrade: 176

UK millennials put lockdown savings into stock markets

By Caoimhe Toman

Date: Monday 03 Aug 2020

LONDON (ShareCast) - (Sharecast News) - The Covid-19 pandemic which led to a precipitous fall in spending has also seen UK millennials invest their savings into the stock market.
The crisis pushed UK household consumption down by a record £9.5bn in the first quarter as people were locked in their homes and could not spend money in shops, restaurants and bars.

Yet that drop in spending has led to a pick-up in equities investment by people frustrated with low savings rates, particularly among millennials, found Interactive Investor.

The investment platform said that openings of tax-efficient self-invested personal pensions (SIPPs) and ISA investment accounts by 25 to 34 year olds jumped more than 250% year-on-year during the second quarter.

According to Reuters, 69% of British millennials with investment portfolios have added to them in the past month or plan to do so in the next month.

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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 870.60p
Change Today -25.40p
% Change -2.83 %
52 Week High 1,598.00p
52 Week Low 762.60p
Volume 938,754
Shares Issued 474.32m
Market Cap £4,129.42m
RiskGrade 176

HL. Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
68.14% below the market average68.14% below the market average68.14% below the market average68.14% below the market average68.14% below the market average
79.37% below the sector average79.37% below the sector average79.37% below the sector average79.37% below the sector average79.37% below the sector average
Price Trend
44.73% below the market average44.73% below the market average44.73% below the market average44.73% below the market average44.73% below the market average
33.83% below the sector average33.83% below the sector average33.83% below the sector average33.83% below the sector average33.83% below the sector average
Income
27.63% above the market average27.63% above the market average27.63% above the market average27.63% above the market average27.63% above the market average
51.9% below the sector average51.9% below the sector average51.9% below the sector average51.9% below the sector average51.9% below the sector average
Growth
98.17% above the market average98.17% above the market average98.17% above the market average98.17% above the market average98.17% above the market average
96.69% above the sector average96.69% above the sector average96.69% above the sector average96.69% above the sector average96.69% above the sector average

What The Brokers Say

Strong Buy 7
Buy 1
Neutral 8
Sell 0
Strong Sell 4
Total 20
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
  Final Interim
Ex-Div 22-Sep-22 03-Mar-22
Paid 24-Oct-22 01-Apr-22
Amount 27.44p 12.26p

Trades for 28-Sep-2022

Time Volume / Share Price
13:02 54 @ 870.60p
13:02 29 @ 870.60p
13:02 158 @ 870.60p
13:01 34 @ 870.40p
13:01 5 @ 870.40p

HL. Key Personnel

CEO Christopher Hill
CFO Amy Stirling

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