Fiduciary Management Inc. WI Sells 4,486 Shares of Houlihan Lokey, Inc. (NYSE:HLI)

Fiduciary Management Inc. WI lessened its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI) by 0.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,209,230 shares of the financial services provider’s stock after selling 4,486 shares during the period. Houlihan Lokey makes up 2.0% of Fiduciary Management Inc. WI’s portfolio, making the stock its 15th biggest position. Fiduciary Management Inc. WI’s holdings in Houlihan Lokey were worth $209,995,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Private Trust Co. NA bought a new position in Houlihan Lokey in the fourth quarter valued at approximately $29,000. Financial Life Planners bought a new stake in shares of Houlihan Lokey during the fourth quarter worth $33,000. Golden State Wealth Management LLC acquired a new stake in shares of Houlihan Lokey during the fourth quarter worth $53,000. VisionPoint Advisory Group LLC bought a new stake in Houlihan Lokey in the 4th quarter valued at $62,000. Finally, Mather Group LLC. boosted its stake in Houlihan Lokey by 24.8% in the 4th quarter. Mather Group LLC. now owns 584 shares of the financial services provider’s stock worth $101,000 after purchasing an additional 116 shares during the period. 78.07% of the stock is currently owned by institutional investors and hedge funds.

Houlihan Lokey Stock Up 0.7 %

NYSE:HLI opened at $153.17 on Friday. Houlihan Lokey, Inc. has a twelve month low of $122.41 and a twelve month high of $192.10. The firm has a market capitalization of $10.74 billion, a price-to-earnings ratio of 29.23 and a beta of 0.84. The stock’s 50 day moving average price is $161.93 and its two-hundred day moving average price is $171.88.

Houlihan Lokey (NYSE:HLI) last issued its earnings results on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share for the quarter, topping 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 earnings per share for the current year.

Houlihan Lokey Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Saturday, March 15th. Stockholders of record on Monday, March 3rd were issued a $0.57 dividend. The ex-dividend date of this dividend was Monday, March 3rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.49%. Houlihan Lokey’s payout ratio is 43.51%.

Analyst Ratings Changes

A number of analysts have recently commented on HLI shares. StockNews.com lowered Houlihan Lokey from a “buy” rating to a “hold” rating in a report on Tuesday, February 25th. JPMorgan Chase & Co. cut their target price on Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. UBS Group raised their price target on shares of Houlihan Lokey from $229.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. JMP Securities reissued a “market perform” rating on shares of Houlihan Lokey in a research report on Wednesday, January 29th. Finally, Morgan Stanley reduced their target price on shares of Houlihan Lokey from $190.00 to $156.00 and set an “overweight” rating for the company in a report on Monday, April 7th. Four investment analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $183.40.

About Houlihan Lokey

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.