Marshall Financial Group LLC Acquires Shares of 5,199 Houlihan Lokey, Inc. (NYSE:HLI)

Marshall Financial Group LLC bought a new position in Houlihan Lokey, Inc. (NYSE:HLI) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 5,199 shares of the financial services provider’s stock, valued at approximately $903,000.

Several other institutional investors also recently modified their holdings of HLI. Wolff Wiese Magana LLC purchased a new position in Houlihan Lokey in the third quarter worth $38,000. First Horizon Advisors Inc. raised its stake in shares of Houlihan Lokey by 81.5% during the 3rd 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. Quarry LP purchased a new position in shares of Houlihan Lokey in the 3rd quarter worth about $76,000. Quest Partners LLC bought a new position in Houlihan Lokey during the third quarter valued at about $92,000. Finally, Benjamin F. Edwards & Company Inc. increased its holdings in Houlihan Lokey by 69.1% during the second quarter. Benjamin F. Edwards & Company Inc. now owns 678 shares of the financial services provider’s stock worth $91,000 after buying an additional 277 shares during the last quarter. 78.07% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the stock. UBS Group increased their target price on shares of Houlihan Lokey from $170.00 to $190.00 and gave the company a “buy” rating in a research report on Tuesday, October 8th. Wells Fargo & Company decreased their target price on Houlihan Lokey from $180.00 to $178.00 and set an “underweight” rating for the company in a research report on Tuesday, January 14th. Keefe, Bruyette & Woods dropped their price target on Houlihan Lokey from $172.00 to $170.00 and set a “market perform” rating on the stock in a research report on Monday, January 13th. Morgan Stanley downgraded Houlihan Lokey from an “equal weight” rating to an “underweight” rating and increased their price target for the stock from $171.00 to $200.00 in a research note on Monday, December 9th. Finally, StockNews.com cut Houlihan Lokey from a “buy” rating to a “hold” rating in a research note on Wednesday, November 20th. Two analysts have rated the stock with a sell rating, four have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $173.40.

Houlihan Lokey Stock Performance

NYSE:HLI opened at $186.08 on Friday. The business’s fifty day moving average is $179.32 and its 200 day moving average is $165.80. The firm has a market cap of $12.93 billion, a price-to-earnings ratio of 38.05 and a beta of 0.69. Houlihan Lokey, Inc. has a 52-week low of $119.28 and a 52-week high of $192.10.

Houlihan Lokey (NYSE:HLI) last posted its earnings results on Wednesday, October 30th. The financial services provider reported $1.46 earnings per share for the quarter, beating analysts’ consensus estimates of $1.31 by $0.15. Houlihan Lokey had a return on equity of 19.29% and a net margin of 15.77%. The business had revenue of $574.96 million during the quarter, compared to analyst estimates of $537.93 million. During the same quarter in the previous year, the firm earned $1.11 EPS. The company’s quarterly revenue was up 23.1% compared to the same quarter last year. Equities analysts predict that Houlihan Lokey, Inc. will post 5.74 EPS for the current fiscal year.

Houlihan Lokey Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Sunday, December 15th. Shareholders of record on Monday, December 2nd were issued a $0.57 dividend. This represents a $2.28 annualized dividend and a yield of 1.23%. The ex-dividend date was Monday, December 2nd. Houlihan Lokey’s payout ratio is 46.63%.

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.