Shares of Houlihan Lokey, Inc. (NYSE:HLI – Get Free Report) reached a brand new 52-week excessive throughout buying and selling on Friday . The inventory traded as excessive as $175.54 and final traded at $174.91, with a quantity of 15938 shares traded. The inventory had beforehand closed at $172.77.
Analysts Set New Value Targets
HLI has been the subject of quite a lot of analysis stories. Keefe, Bruyette & Woods reiterated a “market carry out” ranking and issued a $154.00 worth goal (up from $139.00) on shares of Houlihan Lokey in a report on Wednesday, July thirty first. JPMorgan Chase & Co. lowered their goal worth on Houlihan Lokey from $132.00 to $129.00 and set a “impartial” ranking on the inventory in a report on Wednesday, July thirty first. UBS Group boosted their goal worth on Houlihan Lokey from $170.00 to $190.00 and gave the inventory a “purchase” ranking in a analysis report on Tuesday, October eighth. Wells Fargo & Firm initiated protection on Houlihan Lokey in a report on Thursday, September twelfth. They set an “underweight” ranking and a $149.00 worth goal for the corporate. Lastly, Morgan Stanley upped their worth goal on Houlihan Lokey from $146.00 to $163.00 and gave the inventory an “equal weight” ranking in a report on Monday, September twenty third. One funding analyst has rated the inventory with a promote ranking, 4 have issued a maintain ranking and one has assigned a purchase ranking to the corporate’s inventory. In accordance with MarketBeat, the inventory has a mean ranking of “Maintain” and a mean goal worth of $157.00.
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Houlihan Lokey Value Efficiency
The corporate has a 50-day shifting common of $160.96 and a 200 day shifting common of $145.55. The corporate has a market cap of $11.91 billion, a PE ratio of 35.03 and a beta of 0.65.
Houlihan Lokey (NYSE:HLI – Get Free Report) final introduced its earnings outcomes on Wednesday, October thirtieth. The monetary providers supplier reported $1.46 EPS for the quarter, topping analysts’ consensus estimates of $1.31 by $0.15. Houlihan Lokey had a return on fairness of 19.29% and a internet margin of 15.77%. The agency had income of $574.96 million throughout the quarter, in comparison with analysts’ expectations of $537.93 million. Throughout the identical quarter within the earlier yr, the enterprise earned $1.11 EPS. The corporate’s quarterly income was up 23.1% on a year-over-year foundation. Equities analysis analysts anticipate that Houlihan Lokey, Inc. will publish 5.7 EPS for the present yr.
Houlihan Lokey Publicizes Dividend
The corporate additionally not too long ago disclosed a quarterly dividend, which might be paid on Sunday, December fifteenth. Shareholders of file on Monday, December 2nd might be given a dividend of $0.57 per share. This represents a $2.28 dividend on an annualized foundation and a yield of 1.33%. The ex-dividend date is Monday, December 2nd. Houlihan Lokey’s dividend payout ratio (DPR) is 46.63%.
Insider Transactions at Houlihan Lokey
In associated information, Director Gillian Beth Zucker bought 200 shares of the corporate’s inventory in a transaction dated Monday, October 14th. The shares have been bought at a mean worth of $168.08, for a complete transaction of $33,616.00. Following the transaction, the director now straight owns 6,601 shares within the firm, valued at roughly $1,109,496.08. This represents a 0.00 % lower of their place. The sale was disclosed in a doc filed with the SEC, which is accessible via this hyperlink. In different Houlihan Lokey information, Normal Counsel Christopher M. Crain bought 1,000 shares of the inventory in a transaction on Tuesday, September third. The inventory was bought at a mean worth of $155.29, for a complete worth of $155,290.00. The transaction was disclosed in a doc filed with the SEC, which is offered at this hyperlink. Additionally, Director Gillian Beth Zucker bought 200 shares of the enterprise’s inventory in a transaction on Monday, October 14th. The shares have been bought at a mean worth of $168.08, for a complete transaction of $33,616.00. Following the sale, the director now straight owns 6,601 shares of the corporate’s inventory, valued at $1,109,496.08. This represents a 0.00 % lower of their possession of the inventory. The disclosure for this sale will be discovered right here. Within the final quarter, insiders bought 9,917 shares of firm inventory value $1,513,129. 23.68% of the inventory is at present owned by insiders.
Institutional Inflows and Outflows
A number of institutional buyers have not too long ago added to or lowered their stakes within the inventory. Opal Wealth Advisors LLC purchased a brand new place in Houlihan Lokey within the 2nd quarter value about $26,000. Crewe Advisors LLC elevated its holdings in Houlihan Lokey by 264.5% throughout the 2nd quarter. Crewe Advisors LLC now owns 226 shares of the monetary providers supplier’s inventory value $30,000 after buying an extra 164 shares throughout the interval. Ashton Thomas Non-public Wealth LLC purchased a brand new stake in Houlihan Lokey throughout the 2nd quarter valued at $38,000. Wolff Wiese Magana LLC bought a brand new stake in shares of Houlihan Lokey within the third quarter value $38,000. Lastly, Benjamin F. Edwards & Firm Inc. grew its place in shares of Houlihan Lokey by 69.1% throughout the 2nd quarter. Benjamin F. Edwards & Firm Inc. now owns 678 shares of the monetary providers supplier’s inventory value $91,000 after shopping for an extra 277 shares within the final quarter. Hedge funds and different institutional buyers personal 78.07% of the corporate’s inventory.
About Houlihan Lokey
Houlihan Lokey, Inc, an funding banking firm, gives merger and acquisition (M&A), capital market, monetary restructuring, and monetary and valuation advisory providers worldwide. It operates in three segments: Company Finance, Monetary Restructuring, and Monetary and Valuation Advisory.
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