Universal Beteiligungs und Servicegesellschaft mbH Has $2.01 Million Stake in Houlihan Lokey, Inc. $HLI

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in Houlihan Lokey, Inc. (NYSE:HLI) by 40.1% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 11,493 shares of the financial services provider’s stock after purchasing an additional 3,288 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Houlihan Lokey were worth $2,005,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of HLI. Zurcher Kantonalbank Zurich Cantonalbank raised its position in shares of Houlihan Lokey by 12.1% in the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 18,661 shares of the financial services provider’s stock valued at $3,251,000 after buying an additional 2,012 shares in the last quarter. Atlantic Edge Private Wealth Management LLC acquired a new position in shares of Houlihan Lokey in the 4th quarter valued at approximately $41,000. Lecap Asset Management Ltd. acquired a new position in shares of Houlihan Lokey in the 4th quarter valued at approximately $702,000. Thomas Story & Son LLC acquired a new position in shares of Houlihan Lokey in the 4th quarter valued at approximately $5,988,000. Finally, Whittier Trust Co. of Nevada Inc. raised its position in shares of Houlihan Lokey by 0.9% in the 4th quarter. Whittier Trust Co. of Nevada Inc. now owns 38,100 shares of the financial services provider’s stock valued at $7,050,000 after buying an additional 353 shares in the last quarter. Institutional investors and hedge funds own 78.07% of the company’s stock.

Insider Activity at Houlihan Lokey

In related news, General Counsel Christopher M. Crain sold 500 shares of Houlihan Lokey stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $143.40, for a total transaction of $71,700.00. Following the sale, the general counsel directly owned 500 shares of the company’s stock, valued at approximately $71,700. The trade was a 50.00% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Robert A. Schriesheim sold 5,000 shares of Houlihan Lokey stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $170.86, for a total transaction of $854,300.00. Following the sale, the director directly owned 27,982 shares in the company, valued at $4,781,004.52. This trade represents a 15.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 22.83% of the company’s stock.

Houlihan Lokey Trading Down 0.9%

Shares of Houlihan Lokey stock opened at $153.28 on Friday. The firm has a market capitalization of $10.70 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.10 and a beta of 1.00. The firm’s 50 day moving average is $151.46 and its 200 day moving average is $170.02. Houlihan Lokey, Inc. has a 1 year low of $134.41 and a 1 year high of $211.78.

Houlihan Lokey (NYSE:HLI) last announced its quarterly earnings results on Thursday, January 29th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.85 by $0.09. Houlihan Lokey had a net margin of 16.91% and a return on equity of 24.46%. The firm’s revenue was up 13.0% on a year-over-year basis. During the same quarter last year, the firm posted $1.64 EPS. As a group, research analysts anticipate that Houlihan Lokey, Inc. will post 7.73 earnings per share for the current year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on HLI shares. UBS Group dropped their target price on shares of Houlihan Lokey from $196.00 to $163.00 and set a “neutral” rating for the company in a research report on Thursday, March 12th. BMO Capital Markets boosted their target price on shares of Houlihan Lokey from $209.00 to $211.00 and gave the company an “outperform” rating in a research report on Thursday, January 29th. The Goldman Sachs Group dropped their target price on shares of Houlihan Lokey from $210.00 to $184.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Morgan Stanley dropped their target price on shares of Houlihan Lokey from $205.00 to $193.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Keefe, Bruyette & Woods dropped their target price on shares of Houlihan Lokey from $218.00 to $214.00 and set an “outperform” rating for the company in a research report on Thursday, January 29th. Five investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Houlihan Lokey has a consensus rating of “Moderate Buy” and an average price target of $197.71.

About Houlihan Lokey

Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements.

The firm’s core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions.