Henshaw Capital LLC Acquires New Position in Houlihan Lokey, Inc. $HLI

Henshaw Capital LLC bought a new position in Houlihan Lokey, Inc. (NYSE:HLI) in the first quarter, according to its most recent filing with the SEC. The firm bought 7,964 shares of the financial services provider’s stock, valued at approximately $1,144,000.

Other large investors also recently bought and sold shares of the company. Royal Bank of Canada increased its stake in Houlihan Lokey by 362.1% during the 4th quarter. Royal Bank of Canada now owns 1,703,369 shares of the financial services provider’s stock valued at $296,706,000 after purchasing an additional 1,334,769 shares in the last quarter. Bank of Montreal Can increased its position in shares of Houlihan Lokey by 2,723.2% in the 4th quarter. Bank of Montreal Can now owns 1,199,459 shares of the financial services provider’s stock valued at $208,934,000 after acquiring an additional 1,156,973 shares during the period. Norges Bank acquired a new position in shares of Houlihan Lokey in the 4th quarter valued at $115,478,000. Vaughan Nelson Investment Management L.P. purchased a new position in Houlihan Lokey in the 1st quarter worth $35,728,000. Finally, Qube Research & Technologies Ltd lifted its position in Houlihan Lokey by 153.8% during the 2nd quarter. Qube Research & Technologies Ltd now owns 274,387 shares of the financial services provider’s stock worth $49,376,000 after acquiring an additional 166,285 shares during the period. Hedge funds and other institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Price Performance

NYSE HLI opened at $125.21 on Friday. The company has a market capitalization of $8.65 billion, a PE ratio of 21.04, a P/E/G ratio of 1.06 and a beta of 0.95. The company has a fifty day moving average of $139.40 and a 200 day moving average of $152.13. Houlihan Lokey, Inc. has a 1 year low of $112.83 and a 1 year high of $211.78.

Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.35 EPS for the quarter, missing the consensus estimate of $1.64 by ($0.29). The business had revenue of $511.00 million during the quarter, compared to analysts’ expectations of $602.38 million. Houlihan Lokey had a net margin of 16.10% and a return on equity of 20.20%. Houlihan Lokey’s revenue for the quarter was down 15.6% compared to the same quarter last year. During the same period in the previous year, the company posted $2.14 earnings per share. Research analysts expect that Houlihan Lokey, Inc. will post 7.55 earnings per share for the current year.

Houlihan Lokey Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date of this dividend is Tuesday, September 1st. Houlihan Lokey’s payout ratio is 47.06%.

Insider Activity at Houlihan Lokey

In other news, Chairman Scott L. Beiser sold 6,265 shares of the company’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $150.26, for a total value of $941,378.90. Following the sale, the chairman owned 6,265 shares in the company, valued at $941,378.90. This represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 22.83% of the stock is owned by insiders.

Trending Headlines about Houlihan Lokey

Here are the key news stories impacting Houlihan Lokey this week:

• Positive Sentiment: Houlihan Lokey declared a quarterly dividend of $0.70 per share, payable September 15 to shareholders of record September 1. The dividend implies an annualized yield of approximately 2.2%, providing shareholder income.
• Positive Sentiment: Morgan Stanley maintained an “overweight” rating despite lowering its price target to $177 from $187, while Keefe, Bruyette & Woods retained an “outperform” rating and reduced its target to $153 from $160. Both targets remain substantially above the recent trading level, suggesting analysts expect a recovery.
• Neutral Sentiment: UBS lowered its price target to $147 from $161 and maintained a “neutral” rating. The revised target still indicates upside, but the cut reflects more cautious expectations for the company’s valuation or near-term performance. Houlihan Lokey Given New $147 Price Target at UBS Group
• Negative Sentiment: Fiscal Q1 earnings were well below expectations: adjusted EPS was $1.35 versus the $1.64 consensus, and revenue was $511 million versus $602.38 million expected. EPS also fell from $2.14 a year earlier, while revenue declined 15.6% year over year. The sizable earnings and revenue misses are the primary catalyst weighing on HLI. Houlihan Lokey Misses Q1 Earnings and Revenue Estimates

Wall Street Analysts Forecast Growth

HLI has been the topic of several research analyst reports. The Goldman Sachs Group dropped their price target on Houlihan Lokey from $171.00 to $148.00 and set a “buy” rating on the stock in a research note on Thursday. UBS Group reduced their price objective on Houlihan Lokey from $161.00 to $147.00 and set a “neutral” rating for the company in a research note on Thursday. Wolfe Research raised Houlihan Lokey from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Weiss Ratings reiterated a “hold (c)” rating on shares of Houlihan Lokey in a research report on Friday, July 17th. Finally, Keefe, Bruyette & Woods cut their price target on shares of Houlihan Lokey from $160.00 to $153.00 and set an “outperform” rating on the stock in a report on Thursday. Five equities research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, Houlihan Lokey has an average rating of “Moderate Buy” and an average target price of $174.62.

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.