Trajan Wealth LLC Has $403,000 Stock Position in Houlihan Lokey, Inc. (NYSE:HLI)

Trajan Wealth LLC lowered its stake in Houlihan Lokey, Inc. (NYSE:HLI) by 3.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 2,321 shares of the financial services provider’s stock after selling 76 shares during the period. Trajan Wealth LLC’s holdings in Houlihan Lokey were worth $403,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of HLI. Private Trust Co. NA acquired a new stake in Houlihan Lokey during the fourth quarter worth about $29,000. Financial Life Planners bought a new stake in shares of Houlihan Lokey during the 4th quarter worth approximately $33,000. Golden State Wealth Management LLC acquired a new stake in shares of Houlihan Lokey during the 4th quarter worth approximately $53,000. VisionPoint Advisory Group LLC bought a new position in Houlihan Lokey in the fourth quarter valued at approximately $62,000. Finally, Mather Group LLC. raised its position in Houlihan Lokey by 24.8% during 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 in the last quarter. Institutional investors and hedge funds own 78.07% of the company’s stock.

Houlihan Lokey Stock Up 0.7 %

Shares of Houlihan Lokey stock opened at $153.17 on Monday. The stock has a market cap of $10.74 billion, a price-to-earnings ratio of 29.23 and a beta of 0.84. The company’s fifty day moving average is $161.93 and its 200 day moving average is $172.06. Houlihan Lokey, Inc. has a twelve month low of $123.53 and a twelve month high of $192.10.

Houlihan Lokey (NYSE:HLI) last announced 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, equities analysts anticipate that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current fiscal year.

Houlihan Lokey Dividend Announcement

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

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. StockNews.com downgraded Houlihan Lokey from a “buy” rating to a “hold” rating in a research report on Tuesday, February 25th. JMP Securities reaffirmed a “market perform” rating on shares of Houlihan Lokey in a research note on Wednesday, January 29th. Wells Fargo & Company lowered their price target on shares of Houlihan Lokey from $179.00 to $170.00 and set an “overweight” rating for the company in a report on Tuesday, April 8th. JPMorgan Chase & Co. cut their price objective on Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating on the stock in a report on Wednesday, January 29th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $192.00 target price (up previously from $170.00) on shares of Houlihan Lokey in a report on Wednesday, January 29th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Based on data from MarketBeat, Houlihan Lokey has an average rating of “Hold” and a consensus target price of $183.40.

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.