Caitlin John LLC Acquires 466 Shares of Hamilton Lane Incorporated (NASDAQ:HLNE)

Caitlin John LLC lifted its stake in Hamilton Lane Incorporated (NASDAQ:HLNE) by 4.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,223 shares of the company’s stock after buying an additional 466 shares during the period. Caitlin John LLC’s holdings in Hamilton Lane were worth $1,514,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Lifestyle Asset Management Inc. increased its stake in shares of Hamilton Lane by 5.9% in the fourth quarter. Lifestyle Asset Management Inc. now owns 1,515 shares of the company’s stock worth $224,000 after buying an additional 84 shares during the period. Orion Portfolio Solutions LLC increased its position in shares of Hamilton Lane by 0.6% in the third quarter. Orion Portfolio Solutions LLC now owns 14,901 shares of the company’s stock valued at $2,509,000 after acquiring an additional 93 shares during the period. CWM LLC increased its position in shares of Hamilton Lane by 24.7% in the third quarter. CWM LLC now owns 505 shares of the company’s stock valued at $85,000 after acquiring an additional 100 shares during the period. Islay Capital Management LLC raised its stake in shares of Hamilton Lane by 2.2% during the third quarter. Islay Capital Management LLC now owns 4,757 shares of the company’s stock valued at $801,000 after acquiring an additional 103 shares during the last quarter. Finally, Integrated Wealth Concepts LLC boosted its holdings in shares of Hamilton Lane by 6.3% during the third quarter. Integrated Wealth Concepts LLC now owns 1,798 shares of the company’s stock worth $303,000 after purchasing an additional 106 shares during the period. Hedge funds and other institutional investors own 97.40% of the company’s stock.

Hamilton Lane Price Performance

Shares of Hamilton Lane stock opened at $170.18 on Thursday. The stock’s fifty day moving average is $160.06 and its 200 day moving average is $162.80. The stock has a market cap of $9.43 billion, a P/E ratio of 36.92 and a beta of 1.25. The company has a debt-to-equity ratio of 0.24, a quick ratio of 3.37 and a current ratio of 3.37. Hamilton Lane Incorporated has a one year low of $103.42 and a one year high of $203.72.

Hamilton Lane (NASDAQ:HLNE) last issued its earnings results on Tuesday, February 4th. The company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.13 by $0.12. The company had revenue of $168.26 million during the quarter, compared to the consensus estimate of $158.86 million. Hamilton Lane had a net margin of 28.03% and a return on equity of 35.59%. Hamilton Lane’s quarterly revenue was up 34.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.71 EPS. Sell-side analysts anticipate that Hamilton Lane Incorporated will post 4.88 earnings per share for the current year.

Hamilton Lane Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, April 4th. Shareholders of record on Friday, March 14th will be issued a $0.49 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.96 dividend on an annualized basis and a yield of 1.15%. Hamilton Lane’s dividend payout ratio is currently 42.52%.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on HLNE shares. Morgan Stanley boosted their target price on Hamilton Lane from $182.00 to $190.00 and gave the company an “equal weight” rating in a research note on Monday, November 11th. The Goldman Sachs Group lowered shares of Hamilton Lane from a “neutral” rating to a “sell” rating and set a $139.00 target price for the company. in a report on Monday, January 6th. Keefe, Bruyette & Woods increased their price objective on shares of Hamilton Lane from $158.00 to $168.00 and gave the company a “market perform” rating in a research report on Wednesday. JPMorgan Chase & Co. lifted their target price on Hamilton Lane from $134.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, November 7th. Finally, Oppenheimer raised shares of Hamilton Lane from a “market perform” rating to an “outperform” rating and set a $186.00 price objective for the company in a report on Tuesday, January 21st. One investment analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and an average price target of $173.14.

Hamilton Lane Profile

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services.