Houlihan Lokey, Inc. (NYSE:HLI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Houlihan Lokey, Inc. (NYSE:HLI) have received an average recommendation of “Moderate Buy” from the ten research firms that are presently covering the company, MarketBeat reports. Five analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is $166.3750.

A number of analysts have recently issued reports on HLI shares. US Capital Advisors set a $187.00 price target on shares of Houlihan Lokey in a report on Thursday, July 9th. Morgan Stanley decreased their price objective on Houlihan Lokey from $187.00 to $177.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Wolfe Research upgraded Houlihan Lokey from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Weiss Ratings reissued a “hold (c)” rating on shares of Houlihan Lokey in a research note on Friday, July 17th. Finally, Wall Street Zen cut Houlihan Lokey from a “hold” rating to a “sell” rating in a research note on Saturday, August 8th.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Resources Management Corp CT ADV lifted its holdings in shares of Houlihan Lokey by 0.9% in the 2nd quarter. Resources Management Corp CT ADV now owns 5,845 shares of the financial services provider’s stock worth $1,052,000 after acquiring an additional 55 shares during the last quarter. Huntington National Bank lifted its stake in Houlihan Lokey by 5.5% during the fourth quarter. Huntington National Bank now owns 1,156 shares of the financial services provider’s stock worth $201,000 after purchasing an additional 60 shares in the last quarter. Moneta Group Investment Advisors LLC lifted its stake in Houlihan Lokey by 1.2% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,267 shares of the financial services provider’s stock worth $917,000 after purchasing an additional 61 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Houlihan Lokey by 7.9% during the third quarter. Northwestern Mutual Wealth Management Co. now owns 956 shares of the financial services provider’s stock worth $196,000 after purchasing an additional 70 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in shares of Houlihan Lokey by 4.4% during the fourth quarter. IFP Advisors Inc now owns 1,694 shares of the financial services provider’s stock worth $295,000 after buying an additional 72 shares during the period. Institutional investors and hedge funds own 78.07% of the company’s stock.

Houlihan Lokey Trading Down 0.1%

Shares of HLI opened at $128.98 on Thursday. Houlihan Lokey has a 12-month low of $112.83 and a 12-month high of $211.78. The firm has a market capitalization of $8.91 billion, a P/E ratio of 21.68, a P/E/G ratio of 1.48 and a beta of 0.95. The firm has a 50-day moving average price of $134.94 and a 200 day moving average price of $145.84.

Houlihan Lokey (NYSE:HLI) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $1.35 EPS for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.29). The firm had revenue of $511.00 million for the quarter, compared to analysts’ expectations of $602.38 million. Houlihan Lokey had a return on equity of 20.20% and a net margin of 16.10%.Houlihan Lokey’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same period last year, the firm earned $2.14 earnings per share. Equities research analysts predict that Houlihan Lokey will post 6.93 earnings per share for the current fiscal year.

Houlihan Lokey Announces Dividend

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

Houlihan Lokey Company Profile

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.