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Halfords Group PLC: Change in Major Shareholding

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Halfords Group PLC: Change in Major Shareholding

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Halfords ( (GB:HFD) ) has issued an announcement.

Halfords Group PLC announced a change in major shareholding, with Morgan Stanley’s total holding dropping below 5%. This change was due to Morgan Stanley applying the trading book exemption to its remaining holding of 4.999315% as of February 6, 2025, potentially impacting the company’s voting rights structure.

Spark’s Take on GB:HFD Stock

According to Spark, TipRanks’ AI Analyst, GB:HFD is a Neutral.

Halfords shows strong revenue and cash flow growth with a solid dividend yield, though profitability and valuation concerns persist. Positive strategic corporate events and management confidence provide upside potential, balancing technical caution from overbought signals.

To see Spark’s full report on GB:HFD stock, click here.

More about Halfords

YTD Price Performance: 18.02%

Average Trading Volume: 1,015,261

Technical Sentiment Signal: Hold

Current Market Cap: £335.9M

For an in-depth examination of HFD stock, go to TipRanks’ Stock Analysis page.

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