|Bid||1,786.00 x 0|
|Ask||1,801.50 x 0|
|Day's range||1,782.00 - 1,798.50|
|52-week range||1,147.00 - 2,186.00|
|Beta (5Y monthly)||0.91|
|PE ratio (TTM)||27.29|
|Earnings date||07 Aug 2020|
|Forward dividend & yield||0.38 (2.08%)|
|Ex-dividend date||24 Sep 2020|
|1y target est||1,810.38|
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Hargreaves weathered a tough 2019 when Neil Woodford's flagship fund, which it had long championed, collapsed. On that issue it said: "It was essential that we learnt from the experience surrounding the Woodford issue last year". "Post the (UK) general election result in December 2019 and into the COVID-19 period, dealing volumes increased to record levels on our platform at a time when the average AUA (assets under administration) was impacted by significant market falls," Hargreaves said.
UK asset managers racked up billions of pounds of losses in the first quarter as the stock market saw its worst falls in a decade. "Post the (UK) General Election result in December 2019 and into the COVID-19 period, dealing volumes increased to record levels on our platform at a time when the average AUA was impacted by significant market falls," Hargreaves said. Hargreaves said it added a record 188,000 net new clients during the period, bringing total active clients to over 1.4 million and pushing net new business to a new high of 7.7 billion pounds.