Union Bancaire Privee UBP SA Invests $1.66 Million in Houlihan Lokey, Inc. (NYSE:HLI)

Union Bancaire Privee UBP SA acquired a new position in shares of Houlihan Lokey, Inc. (NYSE:HLI) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor acquired 9,506 shares of the financial services provider’s stock, valued at approximately $1,657,000.

Other large investors have also modified their holdings of the company. Financial Life Planners purchased a new position in shares of Houlihan Lokey during the 4th quarter worth about $33,000. Golden State Wealth Management LLC purchased a new position in shares of Houlihan Lokey during the 4th quarter worth about $53,000. VisionPoint Advisory Group LLC purchased a new position in Houlihan Lokey in the fourth quarter valued at approximately $62,000. First Horizon Advisors Inc. raised its holdings in Houlihan Lokey by 81.5% in the third quarter. First Horizon Advisors Inc. now owns 441 shares of the financial services provider’s stock valued at $70,000 after buying an additional 198 shares during the period. Finally, Quarry LP purchased a new position in Houlihan Lokey in the third quarter valued at approximately $76,000. 78.07% of the stock is currently owned by hedge funds and other institutional investors.

Houlihan Lokey Stock Down 2.7 %

Shares of NYSE:HLI opened at $171.07 on Monday. Houlihan Lokey, Inc. has a 52-week low of $121.81 and a 52-week high of $192.10. The company has a 50 day moving average of $177.48 and a two-hundred day moving average of $170.88. The company has a market capitalization of $12.00 billion, a price-to-earnings ratio of 32.65 and a beta of 0.69.

Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.51 by $0.13. Houlihan Lokey had a net margin of 16.00% and a return on equity of 20.04%. On average, equities analysts anticipate that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current year.

Houlihan Lokey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Monday, March 3rd will be given a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.33%. The ex-dividend date of this dividend is Monday, March 3rd. Houlihan Lokey’s dividend payout ratio (DPR) is 43.51%.

Analyst Ratings Changes

HLI has been the topic of several research reports. Morgan Stanley raised their price target on shares of Houlihan Lokey from $200.00 to $201.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. UBS Group raised their price target on shares of Houlihan Lokey from $229.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. JMP Securities restated a “market perform” rating on shares of Houlihan Lokey in a report on Wednesday, January 29th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $192.00 price target (up previously from $170.00) on shares of Houlihan Lokey in a report on Wednesday, January 29th. Finally, Wells Fargo & Company raised their price target on shares of Houlihan Lokey from $178.00 to $180.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and two have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $194.40.

Houlihan Lokey Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.