Hamilton Lane (NASDAQ:HLNE – Get Free Report) had its worth goal raised by analysts at Morgan Stanley from $140.00 to $182.00 in a report issued on Thursday, Benzinga reviews. The brokerage presently has an “equal weight” ranking on the inventory. Morgan Stanley’s worth goal signifies a possible upside of 4.90% from the corporate’s present worth.
Different analysis analysts have additionally just lately issued analysis reviews concerning the firm. Keefe, Bruyette & Woods lifted their goal worth on Hamilton Lane from $135.00 to $145.00 and gave the corporate a “market carry out” ranking in a analysis report on Wednesday, August seventh. UBS Group lifted their goal worth on Hamilton Lane from $122.00 to $150.00 and gave the corporate a “impartial” ranking in a analysis report on Wednesday, August twenty first. Wells Fargo & Firm lifted their goal worth on Hamilton Lane from $156.00 to $170.00 and gave the corporate an “equal weight” ranking in a analysis report on Wednesday. JPMorgan Chase & Co. lifted their goal worth on Hamilton Lane from $120.00 to $134.00 and gave the corporate a “impartial” ranking in a analysis report on Wednesday, August seventh. Lastly, The Goldman Sachs Group lifted their goal worth on Hamilton Lane from $139.00 to $147.00 and gave the corporate a “impartial” ranking in a analysis report on Thursday, October third. Seven analysis analysts have rated the inventory with a maintain ranking, In response to MarketBeat, the corporate presently has a median ranking of “Maintain” and a consensus goal worth of $154.67.
Learn Our Newest Analysis Report on HLNE
Hamilton Lane Worth Efficiency
HLNE inventory traded down $1.64 throughout noon buying and selling on Thursday, reaching $173.50. The corporate had a buying and selling quantity of 159,194 shares, in comparison with its common quantity of 314,173. The corporate has a market capitalization of $9.37 billion, a price-to-earnings ratio of 46.91 and a beta of 1.19. The inventory has a 50 day transferring common worth of $152.39 and a 200-day transferring common worth of $132.22. Hamilton Lane has a 1-year low of $78.66 and a 1-year excessive of $177.62. The corporate has a debt-to-equity ratio of 0.27, a present ratio of two.72 and a fast ratio of two.72.
Hamilton Lane (NASDAQ:HLNE – Get Free Report) final launched its earnings outcomes on Tuesday, August sixth. The corporate reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.10 by $0.41. Hamilton Lane had a return on fairness of 34.36% and a internet margin of 26.99%. The agency had income of $196.73 million for the quarter, in comparison with analysts’ expectations of $149.84 million. Throughout the identical quarter within the earlier yr, the enterprise posted $0.94 earnings per share. Equities analysis analysts anticipate that Hamilton Lane will publish 4.88 earnings per share for the present yr.
Hedge Funds Weigh In On Hamilton Lane
Various hedge funds and different institutional traders have just lately made adjustments to their positions in HLNE. Covestor Ltd lifted its stake in shares of Hamilton Lane by 14,900.0% within the first quarter. Covestor Ltd now owns 300 shares of the corporate’s inventory price $34,000 after buying an extra 298 shares in the course of the interval. Quarry LP lifted its stake in Hamilton Lane by 316.2% within the second quarter. Quarry LP now owns 308 shares of the corporate’s inventory valued at $38,000 after shopping for an extra 234 shares in the course of the interval. Signaturefd LLC lifted its stake in Hamilton Lane by 13.1% within the second quarter. Signaturefd LLC now owns 629 shares of the corporate’s inventory valued at $78,000 after shopping for an extra 73 shares in the course of the interval. CWM LLC lifted its stake in Hamilton Lane by 24.7% within the third quarter. CWM LLC now owns 505 shares of the corporate’s inventory valued at $85,000 after shopping for an extra 100 shares in the course of the interval. Lastly, Fifth Third Bancorp lifted its stake in Hamilton Lane by 106.5% within the second quarter. Fifth Third Bancorp now owns 694 shares of the corporate’s inventory valued at $86,000 after shopping for an extra 358 shares in the course of the interval. 97.40% of the inventory is owned by institutional traders and hedge funds.
Hamilton Lane Firm Profile
Hamilton Lane Integrated is a personal fairness agency specializing in early enterprise, rising development, turnaround, center market, mature, mid-venture, bridge, buyout, distressed/vulture, mortgage, mezzanine in development capital firms. It prefers to put money into power, industrials, client discretionary, well being care, actual property, info expertise, utilities, and client companies.
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