Houlihan Lokey, Inc. (NYSE:HLI) Shares Purchased by Xponance Inc.

Xponance Inc. raised its holdings in Houlihan Lokey, Inc. (NYSE:HLI) by 5.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 6,518 shares of the financial services provider’s stock after acquiring an additional 360 shares during the quarter. Xponance Inc.’s holdings in Houlihan Lokey were worth $1,132,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Barclays PLC lifted its stake in Houlihan Lokey by 21.4% during the third quarter. Barclays PLC now owns 36,821 shares of the financial services provider’s stock valued at $5,818,000 after purchasing an additional 6,483 shares during the last quarter. State Street Corp increased its holdings in shares of Houlihan Lokey by 1.3% in the third quarter. State Street Corp now owns 1,615,467 shares of the financial services provider’s stock valued at $255,276,000 after buying an additional 21,106 shares in the last quarter. Gunderson Capital Management Inc. acquired a new stake in shares of Houlihan Lokey during the 4th quarter valued at $5,133,000. Jones Financial Companies Lllp boosted its stake in shares of Houlihan Lokey by 80.9% during the 4th quarter. Jones Financial Companies Lllp now owns 5,638 shares of the financial services provider’s stock worth $979,000 after acquiring an additional 2,521 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of Houlihan Lokey by 33.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 601,025 shares of the financial services provider’s stock worth $94,974,000 after acquiring an additional 149,114 shares during the last quarter. Institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Stock Up 0.3 %

HLI stock opened at $162.74 on Monday. The company has a 50 day moving average of $173.11 and a two-hundred day moving average of $172.34. The company has a market cap of $11.42 billion, a price-to-earnings ratio of 31.06 and a beta of 0.72. Houlihan Lokey, Inc. has a 12-month low of $122.14 and a 12-month high of $192.10.

Houlihan Lokey (NYSE:HLI) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.51 by $0.13. Houlihan Lokey had a return on equity of 20.04% and a net margin of 16.00%. On average, research analysts anticipate that Houlihan Lokey, Inc. will post 5.98 EPS for the current year.

Houlihan Lokey Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Saturday, March 15th. Investors of record on Monday, March 3rd were paid a $0.57 dividend. The ex-dividend date was Monday, March 3rd. This represents a $2.28 annualized dividend and a dividend yield of 1.40%. Houlihan Lokey’s payout ratio is 43.51%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on HLI shares. Keefe, Bruyette & Woods reiterated a “market perform” rating and issued a $192.00 price target (up previously from $170.00) on shares of Houlihan Lokey in a research report on Wednesday, January 29th. StockNews.com cut shares of Houlihan Lokey from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. reduced their price target on shares of Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. UBS Group lifted their price objective on shares of Houlihan Lokey from $229.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Finally, Wells Fargo & Company upgraded Houlihan Lokey from an “underweight” rating to an “overweight” rating and reduced their target price for the company from $180.00 to $179.00 in a report on Tuesday, March 11th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $192.00.

Houlihan Lokey Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.