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Share Name Share Symbol Market Type Share ISIN Share Description
Hargreaves Lansdown Plc LSE:HL. London Ordinary Share GB00B1VZ0M25 ORD 0.4P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -12.50 -0.75% 1,650.00 1,655.00 1,656.50 1,665.00 1,615.50 1,663.00 852,099 16:35:03
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 55.1 378.3 66.1 25.0 7,826

Hargreaves Lansdown Share Discussion Threads

Showing 851 to 874 of 1775 messages
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DateSubjectAuthorDiscuss
16/7/2018
16:54
Citi: "Any reduction in exit fees would likely only have a small impact on earnings for platforms such as Hargreaves Lansdown. But increased ease of transfer between platforms could lead to a lower retention rate (i.e. lower net flows). This has been stable, and high, at around 93% for many years. More transparency of pricing could also bring the relatively higher costs of platforms such as HL into consumer focus."
robinnicolson
16/7/2018
16:48
Barclays: "The FCA found that customers who pay more for their platform tend to get greater functionality on average, and the FCA did not observe widespread instances of consumers paying more for no good reason. We believe this is the key point, the FCA not proposing any pricing actions, and highlighting that the more expensive platforms like Hargreaves do offer greater functionality. In our view, it is the quality and ease of use of the Hargreaves platform that results in its high customer satisfaction driving its market share and growth, and hence its PE rating (of 34x, towards the top end of its historical range), and we reiterate our Overweight rating with price target of 2100p." "We highlight that in our view, the impact on Hargreaves Lansdown is minimal. While they may be on the higher end of spectrum in terms of pricing, the quality and use of the platform offers results in high consumer satisfaction driving its market share and growth. Revenues earned from exit fees are immaterial and hence any ban on such charges would not materially impact its bottom line. Being the largest player in the D2C platform market, Hargreaves is able to negotiate good fund discounts as we have previously written about but this unsurprising and natural for a market leader. It benefits the end customer and has limited impact on competition among asset managers. Hargreaves has also been innovative in its cash offerings which include Simple Invest and Active savings and have provided relatively good disclosures regarding charges on cash holdings."
robinnicolson
16/7/2018
14:26
Over the last six years the average client retention rate at HL has averaged over 94%.
robinnicolson
16/7/2018
11:16
Well I am sitting tight and bought more recently around this level. Expect these to at least double from here in the next 3-5 years....
lomax99
16/7/2018
11:11
Skinny, As a HL customer I was offered at the float, bought at 250p sold at 350p. :( bought back at £12 and sold recently at £18.00 :( Note to self! If i buy them back - dont sell mozy!!!
mozy123
16/7/2018
10:35
Suspect this is a storm in a tea cup. How many actually look to move in reality? HL. are reknowned for their service, so they are presumably likely to be net beneficiaries. FCA might be better focusing on ring fenced protection (as suggested above), or perhaps providers that have really punitive exit penalties.... Update: HL comment on switching: Chris Hill, its chief executive, said: “Hargreaves Lansdown has been at the forefront of making transfers of investments and pensions easier and quicker and, as an example, we chair the industry’s working group on transfers mentioned in the FCA’s report. We welcome the FCA’s focus on switching between providers and hope this accelerates the adoption of technology across the industry enabling people to switch more easily.” Analysts divided on HL: hxxps://portfolio-adviser.com/analysts-divided-on-hargreaves-ahead-of-platform-study/ 'Numis Securities agrees Hargreaves is a “structural growth story” and should remain so “possibly for decades to come”. The broker said it expects Hargreaves and other D2C retailers to benefit from two structural drivers: the shift from institutionally managed defined benefit pension schemes to retail managed defined contribution schemes and the shift to individually managed portfolios away from adviser-managed wealth. “We see these core growth drivers delivering teens percent growth for a generation even if HL doesn’t continue to take market share”.' Https://www.thetimes.co.uk/article/fears-of-shake-up-hit-hargreaves-lansdown-shares-6rcdbjltk
lomax99
16/7/2018
10:31
I've been with HL since @1983 but never bought the shares at float 🙄
skinny
16/7/2018
10:17
People stay with HL due to the superior service. Dont think this will have too much impact on HL. I sold my lot at £18.00 (not very good i know) so if this news drives them down to that level id be happy to pick them back up.
mozy123
16/7/2018
08:33
- Shares of Hargreaves Lansdown fell Monday after the Financial Conduct Authority said it was considering banning companies from charging exit fees which make it too difficult for customers to take their business elsewhere. 'Many advisers told us that they charge additional advice fees for switching platform because it is a full advice event which requires them to produce a suitability report, the FCA wrote.' 'We recognise advisers need to be fairly paid for their work. But it is not clear to us why meeting suitability requirements to switch platforms should outweigh the benefits of switching platform.' At 9:09am: [LON:HL.] Hargreaves Lansdown PLC share price was -86.75p at 1970.25p
broadwood
16/7/2018
07:10
Thats all well and good but 100 pct protection for investors ring fenced holdings within nominee accounts would be far better received.
brahmsnliszt
16/7/2018
07:07
The FCA have released their Investment Platform Market Study today: Https://www.fca.org.uk/publication/market-studies/ms17-1-2.pdf They indicate that they may consider banning exit fees for platform switches: Https://www.moneymarketing.co.uk/fca-mulls-exit-fee-ban-for-platform-switches/ Update: Analyst Stuart Duncan at Peel Hunt said that after his initial read of the 110-page report, it "looks relatively benign for sector, with none of the proposals likely to cause too much concern". He noted that the FCA had found no widespread evidence of overcharging and that a key conclusion was that there that no widespread competition concerns and no findings of excess profitability.
lomax99
05/7/2018
07:38
Only just over a month to go until the results.... Nucleus, a comparative tiddler, is due to float later this month. It operates an independent wrap platform serving the IFA market (2,200 advisor users, £14.3bn AUA and 90,000 customers): Https://investegate.co.uk/nucleus-financial-gp/rns/intention-to-float/201807020700061595T/ Of interest is the growth Fundscape anticipates in the advised platform market over the next few years: 'Platforms as a tool for retail distribution of financial products have become increasingly important. Accordingly, between 2012 and 2017, total AUA across the advised platform market grew at a compound annual growth rate of 23 per cent., to reach £350 billion. AUA is projected to grow by a further 113 per cent. to £745 billion by 31 December 2021 (Source: Fundscape Platform Market Report Q3 2017's 'Realistic Channel Projections').'
lomax99
23/6/2018
08:58
They have finally got around to acknowledging prices are incorrect but only on the individual share analysis and not on the summary page. Not sure why it has taken 24 hours to let customers know. The 15 minute delay price was wrong all yesterday.
stewart64
22/6/2018
23:51
Same for me as well. Pretty poor that they haven't put a message or pop up on their site to advise clients. I checked their twitter feed but that had no mention either.
jamtin
22/6/2018
18:04
Disgraceful. Tried to phone them but they have left their posts. Could have at least left some sort of message. Took me a while to see a problem. Thought I was losing it and thats before Friday night bevvy.
norland1
22/6/2018
16:32
Stewart same here
bashor
22/6/2018
16:10
Hargreaves may be having IT problems...15 minute delay price has been yesterday's close all day on my account. Now Market is closed I am just getting yestetday's close. Anybody else?
stewart64
13/6/2018
10:04
classic breakout from a 4 year consolidation box
brahmsnliszt
12/6/2018
08:51
Homing in on £20. Looking good
brahmsnliszt
08/6/2018
15:07
Yes. I dont see a moving argument as to why.. What are the benifits for me and my accounts.
beercapafn
08/6/2018
14:48
Those one million investors are about to have to change their passwords, a password and a code for online. Just had my notification today.
stewart64
02/6/2018
09:35
The Times today, Share of the week: Hargreaves Lansdown About 1 million of us invest our savings with Hargreaves Lansdown, the online wealth manager. Yet should we be buying shares in the company? Competition has been hotting up among investing platforms and supermarkets — the websites where savers can buy and sell shares, funds and other investments. AJ Bell, the investment services company that owns the Youinvest platform, has reported record growth in customers and revenue, and is preparing for a stock market flotation later this year. Newer platforms such as Nutmeg and Moneyfarm have attracted investment from large asset managers and insurers. With rising longevity, and the onus on us to save and provide for ourselves, coupled with the high cost of investment advice, it is likely that more people will turn to these online sites. There are more than 20 platforms for investors to choose from. Hargreaves’s Vantage platform is the market leader, holding the largest slice of savers’ assets, while Barclays Smart Investor is second. The business Hargreaves Lansdown was founded by the accountants Peter Hargreaves and Stephen Lansdown in 1981 in Bristol, offering advice on investing in unit trusts and tax matters. The company grew into an online stockbroker and listed on the stock exchange in 2007. At the time, lack of a peer group made pricing Hargreaves Lansdown’s shares tricky. Both founders are now billionaires. The industry has ballooned and so has Hargreaves; it looks after £86 billion on behalf of its 1.015 million customers and is part of the FTSE 100. It has a market capitalisation of £9 billion. Alongside the investment platform business, it has a range of multi-manager investment funds, a foreign currency transfer service and a corporate division, which administers company pensions and invests charity assets. It is also known for its Wealth 150 list of the investment funds that it believes have the brightest outlook. Hargreaves has ambitious plans. It says there is £1 trillion of wealth in the UK that it could take a chunk of, and it is aiming to compete in the cash savings market with Active Savings, a service that offers interest-paying deposit accounts from banks and building societies. The outlook Milena Mileva, manager of the Baillie Gifford UK Growth fund, believes Hargreaves Lansdown’s star is rising. “The best is yet to come. People think of it only in terms of its consumer platform, but it is playing a much bigger game. It is starting to expand into other areas such as financial advice. Hargreaves has a huge number of loyal customers.” Reporting its results for the six months to the end of 2017, Hargreaves said problems at a rival platform helped it bring in £3.34 billion of new business and 61,000 customers. This was probably a reference to Barclays Stockbrokers, which botched the launch of its new Smart Investing service. Hargreaves’s revenue came in slightly ahead of analyst expectations at £216 million. However, the company sounded a cautious note with the chief executive, Chris Hill, stating that new business would be influenced by the “geopolitical backdrop and Brexit uncertainty”. Shares in Hargreaves have more than doubled in value in the past five years and yield 1.55 per cent. At a price-earnings ratio of 42 (the market price of the stock divided by its earnings per share) they are not cheap. Some analysts argue that an overly optimistic outlook is being priced in. The Financial Conduct Authority (FCA), the City regulator, has been scrutinising investment platforms and has concerns about value for money in the industry. “We are conscious of increasing competitive pressures and possible regulatory intrusion from the FCA,” say analysts at Liberum, the investment bank, which rates Hargreaves a “sell”. Analysts at Peel Hunt, the broker, say Hargreaves is a unique business and that its long-term prospects justify the shares’ valuation. Nevertheless it has rated it a “hold”. Verdict Hargreaves is a dominant player in a growing industry and the shares have done well lately. If recent dips in price continue, the company may also present a buying opportunity. Hold. ———;——̵2;——- I wonder just how many have not invested while waiting to BTD, I will be adding further if we do get a dip, I just hope that those who do wait actually get the opportunity before the share price continues it’s ascent.... Looking forward to YE results.
lomax99
20/5/2018
17:14
sleep at night share maybe if the pe ratio was 15 rather than 38
spob
16/5/2018
15:39
All time high - sleep at night share.
broadwood
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