Hamilton Lane (HLNE) Given Daily News Sentiment Score of 0.07
Headlines about Hamilton Lane (NASDAQ:HLNE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Hamilton Lane earned a news sentiment score of 0.07 on Accern’s scale. Accern also assigned press coverage about the company an impact score of 46.0395503258214 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the media headlines that may have impacted Accern’s scoring:
- Hamilton Lane (HLNE) versus Pzena Investment Management (PZN) Head-To-Head Comparison (americanbankingnews.com)
- Hamilton Lane, Inc. breached its 50 day moving average in a Bearish Manner : HLNE-US : August 4, 2017 (finance.yahoo.com)
- $49.42 Million in Sales Expected for Hamilton Lane Inc. (NASDAQ:HLNE) This Quarter (americanbankingnews.com)
- [$$] U.S. Fundraising Climbs Back to the Boom Era With $180.82 Billion Haul (finance.yahoo.com)
- Critical Review: The Blackstone Group L.P. (BX) versus Hamilton Lane (NASDAQ:HLNE) (americanbankingnews.com)
Hamilton Lane (NASDAQ:HLNE) traded up 1.70% on Monday, reaching $22.09. 161,500 shares of the company’s stock were exchanged. Hamilton Lane has a one year low of $17.32 and a one year high of $24.00. The firm has a 50 day moving average price of $22.05 and a 200 day moving average price of $20.14. The firm has a market cap of $425.59 million and a PE ratio of 736.33.
Hamilton Lane (NASDAQ:HLNE) last released its earnings results on Monday, June 12th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.02. The firm had revenue of $46.70 million during the quarter, compared to analyst estimates of $46.69 million. The firm’s quarterly revenue was up 13.1% on a year-over-year basis. On average, equities analysts anticipate that Hamilton Lane will post $1.03 earnings per share for the current year.
The company also recently announced a quarterly dividend, which was paid on Monday, July 10th. Shareholders of record on Monday, June 26th were given a $0.175 dividend. This represents a $0.70 annualized dividend and a yield of 3.17%. The ex-dividend date was Thursday, June 22nd.
Several equities analysts have recently commented on the stock. Morgan Stanley reissued an “overweight” rating and issued a $23.00 target price (down previously from $24.00) on shares of Hamilton Lane in a report on Monday, July 10th. Zacks Investment Research downgraded shares of Hamilton Lane from a “buy” rating to a “hold” rating in a research note on Tuesday, July 11th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $21.00 price target on shares of Hamilton Lane in a research note on Friday, April 28th. Four investment analysts have rated the stock with a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $21.80.
About Hamilton Lane
Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.
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