604 Shares in Houlihan Lokey, Inc. (NYSE:HLI) Acquired by Kapitalo Investimentos Ltda

Kapitalo Investimentos Ltda bought a new stake in Houlihan Lokey, Inc. (NYSE:HLI) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 604 shares of the financial services provider’s stock, valued at approximately $105,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Private Trust Co. NA acquired a new stake in shares of Houlihan Lokey in the fourth quarter valued at $29,000. Financial Life Planners acquired a new position in Houlihan Lokey in the 4th quarter valued at about $33,000. Golden State Wealth Management LLC purchased a new stake in Houlihan Lokey during the fourth quarter worth about $53,000. VisionPoint Advisory Group LLC acquired a new stake in shares of Houlihan Lokey during the fourth quarter worth about $62,000. Finally, Mather Group LLC. boosted its stake in shares of Houlihan Lokey by 24.8% in the fourth quarter. Mather Group LLC. now owns 584 shares of the financial services provider’s stock valued at $101,000 after purchasing an additional 116 shares during the period. Hedge funds and other institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Stock Down 0.1 %

Shares of HLI opened at $162.03 on Thursday. The company has a market capitalization of $11.37 billion, a price-to-earnings ratio of 30.92 and a beta of 0.84. Houlihan Lokey, Inc. has a 52-week low of $126.30 and a 52-week high of $192.10. The stock has a 50 day moving average price of $158.77 and a 200 day moving average price of $171.63.

Houlihan Lokey (NYSE:HLI) last posted its earnings results on Tuesday, January 28th. The financial services provider reported $1.64 EPS for the quarter, beating analysts’ consensus estimates 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 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

HLI has been the topic of a number of research reports. StockNews.com lowered shares of Houlihan Lokey from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. Wells Fargo & Company lowered their target price on Houlihan Lokey from $179.00 to $170.00 and set an “overweight” rating for the company in a research note on Tuesday, April 8th. Morgan Stanley reduced their price target on Houlihan Lokey from $190.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, April 7th. JPMorgan Chase & Co. lowered their price objective on Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Houlihan Lokey in a report on Wednesday, January 29th. Four research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat.com, Houlihan Lokey has a consensus rating of “Hold” and an average target price of $183.40.

Houlihan Lokey Company 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.