Hargreaves Lansdown (HL.)

Sector:

Financials

Index:

FTSE 100

870.60p
   
  • Change Today:
    -25.40p
  • 52 Week High: 1,598.00
  • 52 Week Low: 762.60
  • Currency: UK Pounds
  • Shares Issued: 474.32m
  • Volume: 973,622
  • Market Cap: £4,129.42m
  • RiskGrade: 176

Hargreaves Lansdown reports good first quarter

By Sean Farrell

Date: Thursday 08 Oct 2020

LONDON (ShareCast) - (Sharecast News) - Hargreaves Lansdown said it made a good start to the financial year as the investment platform reported £0.8bn of net new business and revenue up 12% in the first quarter.
Revenue rose to £143.7m from £128.1m in the three months to the end of September. Net new business was down from £1.7bn a year earlier but the FTSE 100 company said that period was boosted by £0.9bn of back book transfers.

Assets under administration rose 3% to £106.9bn since the end of June as the market rose and the company added 31,000 net new clients.

Revenue rose despite an 18% drop in the FTSE All Share index from a year earlier. Growth was partly driven by strong stockbroking income. Share dealing volumes were lower than the peak earlier in 2020 but stayed high at an average of 980,000 trades a month.

Chris Hill, Hargreaves Lansdown's chief executive, said: "Today we report a good start to our financial year, with growth in clients, assets and revenue. These results are against the ongoing backdrop of market uncertainty and highlight the resilience of our business model and client proposition."

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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 1,598.00
52 Week Low 762.60
Volume 973,622
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
13:21 84 @ 870.60p
13:21 88 @ 870.60p
13:21 305 @ 870.60p
13:21 213 @ 870.60p
13:20 77 @ 870.40p

HL. Key Personnel

CEO Christopher Hill
CFO Amy Stirling

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