Houlihan Lokey, Inc. (NYSE:HLI) Receives $194.40 Average PT from Analysts

Shares of Houlihan Lokey, Inc. (NYSE:HLI) have earned an average rating of “Reduce” from the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued a report on the stock in the last year is $194.40.

Several equities analysts have recently weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a “market perform” rating and set a $192.00 price target (up from $170.00) on shares of Houlihan Lokey in a research note on Wednesday, January 29th. JPMorgan Chase & Co. decreased their target price on shares of Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. UBS Group boosted their price target on shares of Houlihan Lokey from $229.00 to $230.00 and gave the stock a “buy” rating in a research report on Wednesday, January 29th. Morgan Stanley raised their price objective on Houlihan Lokey from $200.00 to $201.00 and gave the company an “underweight” rating in a report on Wednesday, January 29th. Finally, StockNews.com upgraded Houlihan Lokey from a “hold” rating to a “buy” rating in a report on Thursday, February 13th.

Hedge Funds Weigh In On Houlihan Lokey

Hedge funds and other institutional investors have recently bought and sold shares of the business. Private Trust Co. NA bought a new stake in Houlihan Lokey in the fourth quarter valued at approximately $29,000. Financial Life Planners acquired a new position in shares of Houlihan Lokey during the 4th quarter worth approximately $33,000. Golden State Wealth Management LLC bought a new stake in Houlihan Lokey in the 4th quarter valued at $53,000. VisionPoint Advisory Group LLC acquired a new stake in Houlihan Lokey during the 4th quarter valued at $62,000. Finally, First Horizon Advisors Inc. boosted its position in Houlihan Lokey by 81.5% during the third quarter. First Horizon Advisors Inc. now owns 441 shares of the financial services provider’s stock worth $70,000 after purchasing an additional 198 shares during the period. Institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Trading Down 3.8 %

Shares of NYSE HLI opened at $175.72 on Friday. The company has a fifty day moving average price of $177.61 and a 200 day moving average price of $170.34. The firm has a market cap of $12.33 billion, a PE ratio of 33.53 and a beta of 0.69. Houlihan Lokey has a 1-year low of $121.81 and a 1-year high of $192.10.

Houlihan Lokey (NYSE:HLI) last issued its quarterly 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 return on equity of 20.04% and a net margin of 16.00%. Equities research analysts forecast that Houlihan Lokey will post 5.98 EPS for the current year.

Houlihan Lokey Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Monday, March 3rd will be issued 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 dividend yield of 1.30%. Houlihan Lokey’s payout ratio is 43.51%.

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.