|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||19.60 - 19.60|
|52-week range||14.90 - 20.60|
|Beta (5Y monthly)||0.72|
|PE ratio (TTM)||24.50|
|Forward dividend & yield||0.43 (2.12%)|
|Ex-dividend date||11 Feb 2021|
|1y target est||N/A|
Britain's biggest fund supermarket said revenue for the four months to the end of April jumped to 233.2 million pounds ($327.6 million) from 190.2 million pounds, citing strong trading in international equities, particularly U.S. stocks. "Conditions look more positive than they did at the end of December," Hargreaves Chief Executive Chris Hill said. Also on Thursday, wealth manager Brewin Dolphin reported an 11% jump in total funds to 52.6 billion pounds, saying total discretionary fund inflows in the first three months of 2021 were at a record 1 billion pounds.
Hargreaves Lansdown plc (HRGLY) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Trading 212 has overtaken Hargreaves Lansdown as the trading site of choice for new investors, research has shown. Boring Money, a research firm, surveyed 6,500 investors and found nearly a quarter who began investing less than a year ago put their cash with Trading 212. One in 10 invested with Moneybox while Hargreaves was the third most popular. Britain’s biggest broker was top choice for savers who began investing between one and 10 years ago. One in 10 of the nascent investors have solely put their money into stocks in the past 12 months, research showed. Holly Mackay, of Boring Money, said this was a concern given these new savers had no experience of stock markets other than through the pandemic. They were being too risky by just investing in stocks, she added. Trading 212 users cannot buy funds, but can purchase stocks, cryptocurrencies and make spread bets via “contracts for difference”, although exchange-traded funds and investment trusts are available. Figures from the company showed eight of the top 10 most-held investments were individual companies, although the other two are ETFs. In comparison, around half of the money with Hargreaves Lansdown is held in funds, not including trusts or ETFs.