Hargreaves Lansdown (HL.L) - 52 week lows represent a fantastic opportunity?

[simoan]

Worth noting that it’s a slightly strange situation for such a large cap company in that any bid cannot succeed without the agreement of the two founders who jointly hold 52% of the shares. Lindsell Train also have 12% as the largest institutional holder.

https://uk.marketscreener.com/quote/sto ... 4/company/

The figures I have found for the largest shareholders are:

          Name                            | Equities   |   %   
Peter Hargreaves                          | 93,838,474 | 19.78%
Lindsell Train Ltd.                       | 56,874,459 | 11.99%
Stephen Philip Lansdown                   | 27,087,419 |  5.71%
Baillie Gifford & Co.                     | 23,517,973 |  4.96%
The Vanguard Group, Inc.                  | 14,827,238 |  3.13%
BlackRock Investment Management (UK) Ltd. | 14,677,495 |  3.09%
Liontrust Investment Partners LLP         | 12,385,345 |  2.61%
Metropolis Capital Ltd.                   | 10,861,123 |  2.29%
BlackRock Fund Advisors                   |  7,827,000 |  1.65%
UBS Asset Management (UK) Ltd.            |  7,184,417 |  1.52%

The two founders' total holding, is less than half the 52% reported above.

Enjoy!


Ian

The data I quoted is from Sharepad. I will let them know it's wrong. The latest Annual report is consistent with above. However, good news as it means the founders do not have blocking stakes.

[dealtn]

Just offloaded 40% of my shares. Glad that the value was recognised, but a 60% rise in the last couple of months is too much to to bag some.

This is the HYP board. Glad to see value investing and total return being espoused, but surely the wrong place?

[MrFoolish]

Just offloaded 40% of my shares. Glad that the value was recognised, but a 60% rise in the last couple of months is too much to to bag some.

This is the HYP board. Glad to see value investing and total return being espoused, but surely the wrong place?

Should we hide rule breaking like a dirty little secret? I'd rather read the truth of what people actually do.

[vand]

I have offloaded the rest of my holdings now as it looks like this is a done deal and will cap any futher upside.

Bought my first (and largest) tranche at £13, but a couple of further buys at lower prices leaves me with a reasonable profit overall. At this price with the lower dividend yield they're less valuable as an income play, -- so perhaps fitting time to offload, and they're probably close to fairly valued now, too.