November 23, 2016 - By Nellie Frank
In a note released on today, Jefferies reaffirmed their “Hold” rating on Hargreaves Lansdown (LON:HL)‘s stock. The target would indicate a potential upside of 5.67% from company’s close price.
Out of 16 analysts covering Hargreaves Lansdown PLC (LON:HL), 4 rate it a “Buy”, 5 “Sell”, while 7 “Hold”. This means 25% are positive. GBX 1500 is the highest target while GBX 813 is the lowest. The GBX 1248.06 average target is 1.24% above today’s (GBX 1232.8) stock price. Hargreaves Lansdown PLC has been the topic of 93 analyst reports since August 4, 2015 according to StockzIntelligence Inc. The stock has “Underperform” rating given by Bernstein on Tuesday, February 2. The rating was maintained by JP Morgan with “Underweight” on Friday, May 20. RBC Capital Markets maintained the shares of HL in a report on Monday, January 25 with “Sector Perform” rating. The stock of Hargreaves Lansdown PLC (LON:HL) earned “Hold” rating by Peel Hunt on Wednesday, February 3. The stock of Hargreaves Lansdown PLC (LON:HL) earned “Hold” rating by Numis Securities on Friday, February 5. The rating was maintained by Peel Hunt with “Hold” on Monday, December 7. Numis Securities maintained the stock with “Add” rating in Friday, October 16 report. The company was downgraded on Friday, November 27 by Numis Securities. The stock of Hargreaves Lansdown PLC (LON:HL) earned “Sell” rating by Liberum Capital on Monday, August 10. The firm has “Overweight” rating by Barclays Capital given on Thursday, September 10.
About 207,455 shares traded hands. Hargreaves Lansdown PLC (LON:HL) has declined 5.85% since April 26, 2016 and is downtrending. It has underperformed by 11.18% the S&P500.
Insitutional Activity: The institutional sentiment increased to 1.74 in Q2 2016. Its up 0.27, from 1.47 in 2016Q1. The ratio is positive, as 22 funds sold all Hargreaves Lansdown PLC shares owned while 42 reduced positions. 34 funds bought stakes while 60 increased positions. They now own 227.21 million shares or 16.98% more from 194.24 million shares in 2016Q1.
Blackrock Incorporated, a New York-based fund reported 149,550 shares. Tradewinds Cap Management Limited Company holds 0% or 580 shares in its portfolio. The Kansas-based Waddell & Reed Financial has invested 0.01% in Hargreaves Lansdown PLC (LON:HL). John G Ullman Assocs Inc has 0.01% invested in the company for 10,224 shares. Parametric Assocs Limited Liability reported 424,634 shares or 0% of all its holdings. Old Natl Commercial Bank In accumulated 0.02% or 75,791 shares. California State Teachers Retirement Sys has 801,589 shares for 0.01% of their US portfolio. Beacon Cap has 1,300 shares for 0% of their US portfolio. The New York-based First Manhattan Com has invested 0% in Hargreaves Lansdown PLC (LON:HL). Amer Int Gru owns 219,760 shares or 0% of their US portfolio. Price T Rowe Associates Md accumulated 0% or 154,500 shares. Cubist Systematic Strategies Ltd Liability last reported 0% of its portfolio in the stock. Timber Hill Limited Liability Corp accumulated 20,798 shares or 0% of the stock. Cibc Asset Mgmt has 12,052 shares for 0% of their US portfolio. Bnp Paribas Arbitrage Sa has 0% invested in the company for 63,465 shares.
Insider Transactions: Since June 3, 2016, the stock had 0 insider buys, and 9 selling transactions for $4.01 million net activity. The insider TAYLOR ANTHONY P sold 6,921 shares worth $34,208. Another trade for 40,000 shares valued at $200,000 was made by Nethercutt George R Jr on Friday, July 1. On Friday, August 12 the insider Radford Lawrence P sold $712,000. $80,274 worth of shares were sold by Sienko David C on Friday, August 26. $2.77 million worth of shares were sold by BAKER PHILLIPS S JR on Tuesday, August 9.
Hargreaves Lansdown plc offers a direct to investor investment service. The company has a market cap of 5.85 billion GBP. The Firm provides execution only, advisory services and third-party investments for individuals and corporates. It has a 33.08 P/E ratio. The Company’s divisions are the Vantage division, the Discretionary/Managed division and the Third Party/Other Services division.
According to Zacks Investment Research, “Hecla Mining Company is a leading low-cost U.S. silver producer with operating mines in Alaska and Idaho, and is a growing gold producer with an operating mine in Quebec, Canada. The Company also has exploration and pre-development properties in five world-class silver and gold mining districts in the U.S., Canada, and Mexico, and an exploration office and investments in early-stage silver exploration projects in Canada.”
Hecla Mining Company, incorporated on August 7, 2006, is engaged in discovering, acquiring, developing and producing silver, gold, lead and zinc. The Firm and its subsidiaries provide precious and base metals to the United States and around the world. The Firm produces lead, zinc and bulk concentrates, which it markets to custom smelters and brokers, and unrefined bullion bars (dore) containing gold and silver at Greens Creek and Casa Berardi. The Company’s divisions include the Greens Creek, Lucky Friday, Casa Berardi units and San Sebastian. The Firm is focused on its San Sebastian project; North Idaho’s Silver Valley; Greens Creek unit on Alaska’s Admiralty Island; the silver-producing district near Durango; the Abitibi region of north-western Quebec, and the Creede district of Southwestern Colorado. The concentrates produced at its Greens Creek and Lucky Friday units contain payable silver, zinc and lead, and the concentrates produced at Greens Creek contain payable gold.
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By Nellie Frank