Hargreaves Lansdown (LON:HL) Rating Reaffirmed
In a recent report announced this morning, Nomura kept steady their “Neutral” rating on Hargreaves Lansdown (LON:HL) shares. The TP implies a possible downside of -2.91% from company’s last stock close price.
From a total of 15 analysts covering Hargreaves Lansdown PLC (LON:HL) stock, 3 rate it a ”Buy”, 4 a “Sell”, and 9 a ”Hold”. This means that 19% of the ratings are positive. The highest target price is GBX 1466 while the lowest target price is GBX 830. The mean of all analyst targets is GBX 1211.73 with a -16.46% below today’s (GBX 1446) stock price. Hargreaves Lansdown PLC was the topic of 29 analyst reports since August 4, 2015 according to the firm StockzIntelligence Inc. Bernstein maintained shares on December 9 with “Underperform” rating. JP Morgan maintained shares with “Neutral” rating and GBX 1200 target share price in a report from an October 15. Numis Securities downgraded HL stock in a recent report from November 27 to “Hold” rating. RBC Capital Markets maintained the rating on October 14. RBC Capital Markets has a “Underperform” rating and a GBX 1025 price target on shares. Finally, Barclays Capital maintained the stock with “Overweight” rating in a report issued on a November 11.
Approximately 198,680 shares of stock traded hands. Hargreaves Lansdown PLC (LON:HL) has risen 18.26% since May 13, 2015 and is uptrending. It has outperformed by 20.20% the S&P500.
The overall sentiment of institutions has increased to 1.11 in Q2 2015. Its up 0.01, from 1.1 in 2015Q2. The ratio increased, as 25 institutions have sold all the shares of Hargreaves Lansdown PLC that they owned while 45 funds have taken shares off the table. 18 funds have purchased shares for the first time while 60 added to their positions. These institutions now hold 197.13 million shares or 6.31% more than the 185.43 million shares they owned in 2015Q2.
The Fund Summit Capital Management Llc currently is holding shares equating to 1.55% of its total portfolio in Hargreaves Lansdown PLC representing a total of 1.61 million shares. Another fund,Harvest Capital Strategies Llc, is holding a total of 3.00 million shares equating to 1.06% of their holdings. Additionally, Van Eck Associates Corp has a 47.84 million share stake in Hargreaves Lansdown PLC which represents 0.72% of their total portfolio. The Fund, Global X Management Co Llc, based out of New York, has also built up a stake in the stock, which represents a total of 0.41% of their total portfolio. Finally Ridgeworth Capital Management Llc, a fund which is based in the state of Georgia reported a total holdings of 13.22 million shares.
Insider activity is a very important aspect to track on any stock. Going back to March 23, 2015, shareholders of Hargreaves Lansdown PLC have witnessed 0 buys, and a total of 1 sale equating to a net activity of approximately $11,155 . Taylor Anthony P sold 5,000 shares worth approximately $11,155.
Hargreaves Lansdown Plc is a financial service well-known provider and asset management company. The company has a market cap of 6.83 billion GBP. The Firm offers a range of services, including self-select individual savings accounts , funds, shares, self-invested personal pension (SIPPs) and group SIPPs. It has 43.72 P/E ratio. It operates in three business divisions: the Vantage division, the Discretionary division and the Third Party/Other Services division.
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