Venturi Wealth Management LLC Has $126,000 Stock Position in Houlihan Lokey, Inc. (NYSE:HLI)

Venturi Wealth Management LLC boosted its position in Houlihan Lokey, Inc. (NYSE:HLI) by 1,298.1% in the 4th quarter, HoldingsChannel reports. The firm owned 727 shares of the financial services provider’s stock after acquiring an additional 675 shares during the period. Venturi Wealth Management LLC’s holdings in Houlihan Lokey were worth $126,000 as of its most recent filing with the SEC.

Other hedge funds have also bought and sold shares of the company. Financial Life Planners acquired a new stake in Houlihan Lokey in the 4th quarter valued at about $33,000. Golden State Wealth Management LLC bought a new position in Houlihan Lokey in the 4th quarter valued at about $53,000. First Horizon Advisors Inc. raised its holdings in Houlihan Lokey by 81.5% in the 3rd quarter. First Horizon Advisors Inc. now owns 441 shares of the financial services provider’s stock valued at $70,000 after acquiring an additional 198 shares during the period. Quarry LP bought a new position in Houlihan Lokey in the 3rd quarter valued at about $76,000. Finally, Quest Partners LLC bought a new position in Houlihan Lokey in the 3rd quarter valued at about $92,000. 78.07% of the stock is currently owned by institutional investors and hedge funds.

Houlihan Lokey Price Performance

Shares of NYSE:HLI opened at $171.07 on Friday. The company’s 50 day simple moving average is $177.48 and its 200 day simple moving average is $170.69. The stock has a market capitalization of $12.00 billion, a price-to-earnings ratio of 32.65 and a beta of 0.69. Houlihan Lokey, Inc. has a 1 year low of $121.81 and a 1 year high of $192.10.

Houlihan Lokey (NYSE:HLI) last announced its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share (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%. As a group, analysts anticipate that Houlihan Lokey, Inc. will post 5.98 EPS for the current fiscal year.

Houlihan Lokey Announces Dividend

The business also recently announced 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. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $2.28 dividend on an annualized basis and a yield of 1.33%. Houlihan Lokey’s dividend payout ratio is currently 43.51%.

Analysts Set New Price Targets

HLI has been the topic of several research analyst reports. StockNews.com raised shares of Houlihan Lokey from a “hold” rating to a “buy” rating in a report on Thursday, February 13th. UBS Group increased 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. Wells Fargo & Company increased 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. JPMorgan Chase & Co. lowered their target price on shares of Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Finally, Morgan Stanley raised their target price on shares of Houlihan Lokey from $200.00 to $201.00 and gave the stock an “underweight” rating in a report on Wednesday, January 29th. Two 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 stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $194.40.

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.