Free Trial

Hargreaves Lansdown (LON:HL) Share Price Crosses Above 200-Day Moving Average - Here's What Happened

Hargreaves Lansdown logo with Financial Services background

Hargreaves Lansdown plc (LON:HL - Get Free Report)'s stock price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 1,025.54 ($13.30) and traded as high as GBX 1,091.50 ($14.16). Hargreaves Lansdown shares last traded at GBX 1,088 ($14.11), with a volume of 1,445,786 shares changing hands.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on HL. Shore Capital reiterated a "buy" rating on shares of Hargreaves Lansdown in a research report on Friday, August 9th. JPMorgan Chase & Co. raised their price target on Hargreaves Lansdown from GBX 671 ($8.70) to GBX 684 ($8.87) and gave the stock an "underweight" rating in a research report on Monday, July 15th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, Hargreaves Lansdown presently has an average rating of "Hold" and an average target price of GBX 1,048.20 ($13.59).

Check Out Our Latest Research Report on HL

Hargreaves Lansdown Price Performance

The stock has a market capitalization of £5.15 billion, a P/E ratio of 1,751.61, a PEG ratio of 4.22 and a beta of 0.66. The company has a debt-to-equity ratio of 1.05, a quick ratio of 2.04 and a current ratio of 2.15. The firm has a fifty day moving average price of GBX 1,098.34 and a two-hundred day moving average price of GBX 1,025.54.

Hargreaves Lansdown Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, November 1st. Investors of record on Thursday, October 3rd will be given a dividend of GBX 30 ($0.39) per share. The ex-dividend date is Thursday, October 3rd. This represents a yield of 2.78%. This is an increase from Hargreaves Lansdown's previous dividend of $13.20. Hargreaves Lansdown's dividend payout ratio (DPR) is presently 6,935.48%.

About Hargreaves Lansdown

(Get Free Report)

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.

Featured Articles

Should you invest $1,000 in Hargreaves Lansdown right now?

Before you consider Hargreaves Lansdown, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Hargreaves Lansdown wasn't on the list.

While Hargreaves Lansdown currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

20 Stocks to Sell Now Cover

MarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines