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

Henshaw Capital LLC acquired a new position in shares of Houlihan Lokey, Inc. (NYSE:HLI) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm acquired 7,964 shares of the financial services provider’s stock, valued at approximately $1,144,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HLI. Alpine Woods Capital Investors LLC lifted its holdings in shares of Houlihan Lokey by 224.8% in the 1st quarter. Alpine Woods Capital Investors LLC now owns 11,975 shares of the financial services provider’s stock worth $1,720,000 after buying an additional 8,288 shares during the period. Segall Bryant & Hamill LLC increased its stake in shares of Houlihan Lokey by 36.7% during the first quarter. Segall Bryant & Hamill LLC now owns 120,258 shares of the financial services provider’s stock valued at $17,271,000 after buying an additional 32,276 shares during the period. Edgestream Partners L.P. raised its holdings in shares of Houlihan Lokey by 510.7% in the first quarter. Edgestream Partners L.P. now owns 55,338 shares of the financial services provider’s stock valued at $7,948,000 after acquiring an additional 46,277 shares in the last quarter. Amundi raised its holdings in shares of Houlihan Lokey by 322.8% in the first quarter. Amundi now owns 113,465 shares of the financial services provider’s stock valued at $16,296,000 after acquiring an additional 86,628 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its stake in Houlihan Lokey by 13.9% in the first quarter. EverSource Wealth Advisors LLC now owns 2,822 shares of the financial services provider’s stock worth $405,000 after acquiring an additional 344 shares during the period. 78.07% of the stock is owned by institutional investors.

Houlihan Lokey Stock Performance

HLI stock opened at $125.21 on Friday. Houlihan Lokey, Inc. has a one year low of $112.83 and a one year high of $211.78. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 1.06 and a beta of 0.95. The firm has a 50-day simple moving average of $139.40 and a two-hundred day simple moving average of $152.13.

Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.29). The firm had revenue of $511.00 million during 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%.The firm’s quarterly revenue was down 15.6% on a year-over-year basis. During the same period in the previous year, the firm earned $2.14 EPS. As a group, equities analysts predict that Houlihan Lokey, Inc. will post 7.55 earnings per share for the current fiscal year.

Houlihan Lokey Dividend Announcement

The firm 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 dividend of $0.70 per share. This represents a $2.80 annualized dividend and a dividend yield of 2.2%. The ex-dividend date is Tuesday, September 1st. Houlihan Lokey’s dividend payout ratio is currently 47.06%.

Analyst Upgrades and Downgrades

HLI has been the topic of a number of research reports. US Capital Advisors set a $187.00 target price on shares of Houlihan Lokey in a research report on Thursday, July 9th. Zacks Research raised shares of Houlihan Lokey from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Houlihan Lokey in a report on Friday, July 17th. UBS Group reduced their price objective on shares of Houlihan Lokey from $161.00 to $147.00 and set a “neutral” rating for the company in a research note on Thursday. Finally, Keefe, Bruyette & Woods lowered their target price on Houlihan Lokey from $160.00 to $153.00 and set an “outperform” rating for the company in a report on Thursday. Five analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $174.62.

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

Insider Activity at Houlihan Lokey

In other news, Chairman Scott L. Beiser sold 6,265 shares of the firm’s stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $150.26, for a total value of $941,378.90. Following the completion of the sale, the chairman owned 6,265 shares of the company’s stock, valued at $941,378.90. This trade represents a 50.00% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 22.83% of the company’s stock.

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.