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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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.00 | 0.09% | 1,089.50 | 190,363 | 08:51:15 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 1,089.00 | 1,089.50 | 1,090.00 | 1,088.50 | 1,089.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Security Brokers & Dealers | 764.9M | 293.2M | 0.6181 | 17.62 | 5.16B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 08:58:35 | O | 235 | 1,089.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 21/11/2024 | 07:09 | UK RNS | Morgan Stanley & Co. Int'l plc Form 8.5 (EPT/RI)- Hargreaves Lansdown plc |
| 21/11/2024 | 07:07 | UK RNS | Morgan Stanley Europe SE Form 8.5 (EPT/NON-RI)- Hargreaves Lansdown plc |
| 20/11/2024 | 17:13 | UK RNS | Metropolis Capital Ltd Form 8.3 - Hargreaves Lansdown Plc |
| 20/11/2024 | 15:20 | UK RNS | BlackRock Group Form 8.3 - Hargreaves Lansdown plc |
| 20/11/2024 | 14:12 | UK RNS | Threadneedle Asset Mgmt Hldgs Ltd Form 8.3 - Hargreaves Lansdown Plc |
| 20/11/2024 | 13:54 | UK RNS | State Street Global Advisors Form 8.3 - Hargreaves Lansdown plc |
| 20/11/2024 | 13:25 | UK RNS | UBS Asset Management Form 8.3 - Hargreaves Lansdown PLC |
| 20/11/2024 | 12:37 | UK RNS | Jefferies International Limited. Form 8.3 - Hargreaves Lansdown plc |
| 20/11/2024 | 12:26 | UKREG | Norges Bank - Form 8.3 - Hargreaves Lansdown PLC |
| 20/11/2024 | 11:13 | UK RNS | GoldmanSachs International Form 8.5 (EPT/RI) - Hargreaves Lansdown |
Hargreaves Lansdown (HL.) Share Charts1 Year Hargreaves Lansdown Chart |
|
1 Month Hargreaves Lansdown Chart |
Intraday Hargreaves Lansdown Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 31/10/2024 | 21:06 | HL. | 3,101 |
| 14/8/2024 | 21:20 | H&L. Strong demand on Day One | 537 |
| 07/10/2022 | 08:58 | ARSEGRIEF PANTSDOWN | 3 |
| 23/2/2022 | 12:04 | Good Value | 3 |
| 24/1/2021 | 14:01 | Mis selling scandal of Woodford - will there be fallout /mis selling by HL.? | 1 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 08:58:36 | 1,089.00 | 235 | 2,559.15 | O |
| 08:55:28 | 1,089.20 | 175 | 1,906.09 | O |
| 08:54:42 | 1,089.00 | 11 | 119.79 | O |
| 08:51:15 | 1,089.50 | 1,300 | 14,163.50 | AT |
| 08:51:15 | 1,089.50 | 760 | 8,280.20 | AT |
| Top Posts |
|---|
Posted at 21/11/2024 08:20 by Hargreaves Lansdown Daily Update Hargreaves Lansdown Plc is listed in the Security Brokers & Dealers sector of the London Stock Exchange with ticker HL.. The last closing price for Hargreaves Lansdown was 1,088.50p.Hargreaves Lansdown currently has 474,318,625 shares in issue. The market capitalisation of Hargreaves Lansdown is £5,165,329,826. Hargreaves Lansdown has a price to earnings ratio (PE ratio) of 17.62. This morning HL. shares opened at 1,089.50p |
Posted at 29/10/2024 13:15 by martinmc123 HL. – Hargreaves Lansdowne3* Hargreaves Lansdowne issued a decent AUM update for the 3 months ended September 2024. AUA finished the quarter at £157.3 billion driven by a positive market movement of £1.5 billion and net new business of £0.5 billion (Q1 2024: £0.6bn). The Group saw accelerated client growth with net client growth of 18,000 in the quarter (Q1 2024: 8,000) driven by net new clients in the SIPP, ISA and Active Savings accounts. Share dealing volumes also picked up to average 738,000...from WealthOracle wealthoracle.co.uk/d |
Posted at 07/10/2024 11:02 by ochs So I was wrong about the xd - the share price still dropped nearly 30p!The voting deadline for HL clients is 7pm this Weds (9 Oct) - so please vote if you haven't already! Other brokers may have a different deadline. The meetings about the takeover happen a week today (14 October) so it won't be long until we know if this is going ahead or not... |
Posted at 01/10/2024 12:05 by ochs The shares go xd on Thursday morning (3rd Oct) - usually you'd expect the share price to drop about 30p... but I'm thinking it may not do this time due to the high likelihood of holders getting 1,110p per share in a few months time. I'll be interested to see what happens. |
Posted at 13/8/2024 05:38 by waldron Hargreaves Lansdown takeover: what it means for your moneyBritain’s biggest investment platform has agreed a £5.4 billion takeover. What does it mean for shareholders and customers? By Ruth Emery published 12 August 2024 Hargreaves Lansdown has agreed a £5.4 billion takeover by a group of private equity investors. Following months of talks, the consortium led by CVC Capital Partners had their final offer agreed by the Hargreaves Lansdown board on Friday. The £11.40-a-share offer has been recommended to shareholders, who will be able to vote on the deal. The takeover is still subject to final shareholder and regulatory approval, but it is widely expected to be approved. As a result, the FTSE 100 company will leave the London stock market. The buyers are CVC, Sweden’s Nordic Capital, and a subsidiary of the Abu Dhabi Investment Authority. Hargreaves Lansdown is the UK’s largest investment platform, with 1.8 million customers. In recent years, it has launched a savings marketplace called Active Savings and cut the fees on lifetime ISAs and junior ISAs. Earlier this year it gave retail investors access to primary gilt markets. MoneyWeek magazine. We look at what the takeover means for you, whether you’re a shareholder or a customer. Hargreaves Lansdown was founded in 1981 by Peter Hargreaves and Stephen Lansdown. They own 26% of the shares between them. The offer values the company at £11.40 per share and is more than 15% higher than the £9.85 per share offer made in April, which was dismissed by the Hargreaves Lansdown board as significantly undervaluing the company. The takeover will result in a bumper payday for the billionaire founders, netting them hundreds of millions of pounds. For ordinary shareholders, the first thing to do is look out for details about the offer and vote being sent next month. There must be a 75% majority for the deal to get the final go-ahead. If approved, shareholders will be able to transfer their stake to the new unlisted company or accept cash in exchange for their shares. Those wanting to sell their holding will get £11.10 per share in cash, plus a dividend of 30p per share, taking the total to £11.40. Shareholders who wish to retain their stake will be subject to an overall cap of 35% ownership. It is expected that most shareholders will opt to take the cash, rather than have a holding in an unlisted company. The announcement on Friday confirmed that Hargreaves would take only 50% of his shares into the new venture, while Lansdown will sell all of his shares. Should I sell or keep my shares? Hargreaves Lansdown shares are easily traded at the moment because they are listed on the UK stock market. When the company goes into private hands, which is likely to happen in early 2025, you will no longer be able to sell and buy them in the same way. Holding unlisted shares can be tricky to manage and hard to sell. If you want to offload shares you will have to find a buyer or wait until the new owners decide to sell or list the company on a stock exchange again. Unlisted companies operate without the same reporting requirements as those on a stock market, which can make it difficult to get an accurate picture of their operations and performance. It can be difficult to value unlisted firms, and so you may not know how much your holding is worth. We have lots more information on this topic in our article on what happens when a company delists from a stock exchange? I’m a customer – how will it affect me? There is unlikely to be any changes to the investment platform either now or in the early stages following the takeover. Hargreaves Lansdown says: “It’s important to understand that the offer doesn’t have any impact on how your assets are held or managed and there is no change to the security of your assets. “Nor are we planning any changes to any of our products, services, or to your investments and cash on our platform.” You should be able to continue to access your account (whether it's in an ISA, savings account, pension or fund and share account), and trade investments, regardless of who owns the business. The consortium says it has no intention of changing the location of the investment firm’s Bristol headquarters, which is where most of its 2,400 staff work. The private equity buyers praised Hargreaves Lansdown for its strong, trusted brand and its important purpose of helping people manage their financial wealth and enabling clients to get the right outcomes. However, it also said the company requires substantial investment in an "extensive technology-led transformation", in order to drive the next phase of growth and development. So, in time, the investment platform could look different in terms of its technology infrastructure and digital channels. Is my money at risk? Hargreaves Lansdown will continue to be regulated by the Financial Conduct Authority (FCA). The investment platform states: “The entity which holds client assets (HL Nominee) is segregated from the business and the liabilities of the business. “All client money is held by us on trust and is segregated from our own funds in accordance with the FCA’s client money rules and guidance.” The FCA regulation means customers will still be able to take any complaints to the Financial Ombudsman Service. You will also continue to have protection under the Financial Services Compensation Scheme (FSCS), which covers up to £85,000 held in any firm that fails. |
Posted at 12/8/2024 09:51 by dassera As an alternative to the Cash Consideration, eligible HL Shareholders may elect to participate in the Alternative Offer by exchanging some or all of their HL Shares for rollover loan notes issued by Bidco which will, subject to implementation of the Rollover, ultimately be exchanged for rollover ordinary shares in the capital of Topco having the rights of "Rollover Shares" set out in the Topco Articles (as amended from time to time) (the "Rollover Securities"), subject to the terms and conditions of the Alternative Offer (detailed in paragraph 12 below). Eligible HL Shareholders will be able to elect for the Alternative Offer in relation to some or all of their holdings of HL Shares and will receive (subject to implementation of the Rollover):for each HL Share: 1 Rollover Security * The financial terms of the Cash Offer and the Alternative Offer are final and will not be increased or improved, except that Bidco reserves the right to increase the amount of the Cash Consideration and improve the financial terms of the Alternative Offer if there is an announcement on or after the date of this announcement of an offer or a possible offer for HL by a third party offeror or potential offeror. Bidco reserves the right to elect to implement the Acquisition by way of an Offer as an alternative to the Scheme (with the consent of the Panel (where necessary) and subject to the terms of the Cooperation Agreement (if applicable)). If the Scheme becomes Effective, assuming all eligible HL Shareholders validly elect to receive consideration by means of the Alternative Offer in respect of 35 per cent. of their holdings of HL Shares and no such elections are scaled back as a result of the US Holders Cap or the Shareholding Cap, following satisfaction of the Cash Consideration and subject to implementation of the Rollover, HL Shareholders will hold up to 35 per cent. of the economic rights in Topco. Following the implementation of the Rollover, Consortium JVCo will subscribe for Topco A Ordinary Shares (at the same subscription price per share as Consortium JVCo paid in respect of its subscription for Topco A Ordinary Shares to fund the payment of the Cash Consideration to HL Shareholders) for an aggregate subscription amount equal to the total costs and expenses incurred and to be incurred by or on behalf of the Topco Group and the Consortium Members in connection with the Acquisition. This issuance will be implemented on a non-pre-emptive basis in order to enable the relevant members of the Topco Group to settle such costs and expenses, meaning that holders of Rollover Securities will not be entitled to participate and their economic rights in Topco will therefore be diluted by such issuance with effect from the Costs Issuance Date. Such costs and expenses incurred and to be incurred in connection with the Acquisition are currently expected to be approximately £100 million, which would result in a limited dilution of participating HL Shareholders of up to approximately 3 per cent. of the holding of HL Shareholders who elect to receive the Rollover Securities. An updated estimate of such costs and expenses will be included in the Scheme Document. * The financial terms of the Cash Offer and the Alternative Offer are final and will not be increased or improved, except that Bidco reserves the right to increase the amount of the Cash Consideration and improve the financial terms of the Alternative Offer if there is an announcement on or after the date of this announcement of an offer or a possible offer for HL by a third party offeror or potential offeror. Bidco reserves the right to elect to implement the Acquisition by way of an Offer as an alternative to the Scheme (with the consent of the Panel (where necessary) and subject to the terms of the Cooperation Agreement (if applicable)). |
Posted at 09/7/2024 16:27 by ochs Shorts closing ought to push the price up, but the market has pulled the share price back to under £11 in the last few days. Are there any rumours the bid might not proceed? All gone very quiet. Previously things were pretty leaky when the share price went up before the bid was announced... could same thing be happening? Not long to go now. |
Posted at 04/7/2024 09:53 by ochs Yes correct @Stoopid, if the bid falls through I would expect the share price to immediately drop back to somewhere between 850p and 900p. Of course in time it could get back towards £11.It's hard to know what's going on behind the scenes... only Lancaster have gone public with their unease about the deal. A shame the board didn't respond to them via RNS, so others could read their defence. Remember at present the Consortium are yet to make a firm offer - with the share price drifting over the last few days it makes me wonder if the market is getting nervous - are they still planning to proceed? Personally I still rate it at a 70% chance that the deal will go through, but I'm also hopeful that it won't. |
Posted at 04/7/2024 07:36 by stoopid How does no deal mean the share price should rise?What sort of logic is that? The share price before all the bid rumours was about 800/900If no deal emerges and the bid falls through, the share price will fall back to what the market and sellers/buyers determine a fair price is. |
Posted at 16/6/2024 17:38 by ochs Interesting comments from 6% shareholder Stephen Lansdown in the FT - it would appear the Consortium haven't been consulting major shareholders and explaining their plans - so he is just as much in the dark as we are!-------------------- One of Hargreaves Lansdown’s co-founders and top shareholders has warned that “price is not the main consideration” if private equity firms make a firm takeover offer for the investment platform this week. Stephen Lansdown, who co-founded the UK’s largest retail investment service with Peter Hargreaves more than four decades ago, told the Financial Times that he would want to know what private equity firms would do with the business if they bought it. He owns a stake of nearly 6 per cent. A group of private equity firms, led by CVC Capital Partners, made a £4.67bn offer for Hargreaves Lansdown in April, which the board rejected in the view that it “substantially undervalued” the business. Shares rose more than 15 per cent after the approach emerged. The private equity firms, which include Nordic Capital and Platinum Ivy, a wholly owned subsidiary of the Abu Dhabi Investment Authority, are now considering whether to make a firm offer by the deadline on Wednesday — or to walk away. “The conglomerate — and we’re waiting to see if they come back — has given no indication of what they want to do with the business and how they see the business developing,” Lansdown said. “I would want to know what their plan is for looking after clients and staff in particular. Price is not the main consideration if it’s not taking on the business in the right way. “I’d be very surprised if they didn’t come back with a further bid; it’s then up to the board of HL whether they bring it to the shareholders or reject.” He added that the approach had relieved “pressure̶ One top 20 shareholder said that “hedge funds [shorting the stock] have completely missed the wood for the trees, ignoring the growth in customer numbers and assets that HL is consistently achieving”. He added that other companies, such as banks, could make an approach, given Hargreaves Lansdown’s dominance of the retail investment market. “It would be impossible to build HL’s market share from scratch, so I would expect any US or European bank to be looking closely at HL if they have any ambition to build a position in one of the world’s largest pools of household wealth.” Hargreaves Lansdown oversees £150bn in customer assets for some 1.8mn customers. Nick Train, another top shareholder with a holding of nearly 13 per cent according to Refinitiv, said that the private equity approach was unsurprising because the stock was undervalued. “Its prior stock market valuation had seemed exceptionally low,” Train said. “But many UK-listed asset and private wealth management franchises seem exceptionally lowly valued, too.” Hargreaves Lansdown and the private equity consortium declined to comment. |
Posted at 05/2/2024 10:44 by ochs Hello @evianone, I would still be a little bit cautious at this stage - I've been bitten by the HL share price too many times already over the past few years! On the charts 778.5p is a crucial resistance level (38% Fib) and an end of day close above 778.5p would be positive.There is a risk that new business could have been weaker than expected in the 1st half - 1 July to 31 Dec, but most important will be forward guidance for the tax year end period. HL currently make a good margin on cash, but that is coming under pressure from FCA and next move in UK rates could be down. Additionally they may reduce dealing fees at some point which could affect margins (at least in short term). Final thing to be aware of is that US and Germany markets are currently at all time highs meaning should these begin to fall back the HL share price could suffer. Unlike the markets the HL share price is far from all time highs - but that won't stop it falling if there's a market correction. |
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