|Bid||1,346.50 x 0|
|Ask||1,346.50 x 0|
|Day's range||1,341.50 - 1,396.47|
|52-week range||1,147.00 - 2,186.00|
|Beta (5Y monthly)||0.92|
|PE ratio (TTM)||20.46|
|Earnings date||07 Aug 2020|
|Forward dividend & yield||0.38 (2.72%)|
|Ex-dividend date||24 Sep 2020|
|1y target est||1,810.38|
British fund supermarket Hargreaves Lansdown <HRGV.L> has struck an agreement with co-founder Peter Hargreaves to reflect his ongoing interest in the company after leaving the board in 2015. Under terms of the deal, Hargreaves will be entitled to nominate one non-independent, non-executive director for appointment to the board, subject to the regulatory and governance framework observed by the firm. This agreement and nomination right will remain in place for as long as Hargreaves and his associates control at least 10% of the company's voting rights, the company said.
CMC Markets and Hargreaves Lansdown both reported continued momentum in their businesses on Thursday.
British fund supermarket Hargreaves Lansdown <HRGV.L> said on Thursday it took in 800 million pounds of net new business in the quarter to Sept. 30, despite what it described as weakening investor sentiment arising from COVID-19 and fresh Brexit uncertainty. It added 31,00 net new clients over the period, taking active client numbers to 1.44 million, while assets under administration rose 3% to 106.9 billion pounds, thanks in part to a positive market movement of 2.1 billion pounds, the company said. Hargreaves, the UK's largest direct to investor investment service, said flows into its Active Savings product were hampered by the market leading rates on offer from the government backed NS&I.