Universal Beteiligungs und Servicegesellschaft mbH Acquires 3,288 Shares of Houlihan Lokey, Inc. $HLI

Universal Beteiligungs und Servicegesellschaft mbH boosted its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI) by 40.1% during the fourth quarter, HoldingsChannel reports. The fund owned 11,493 shares of the financial services provider’s stock after purchasing an additional 3,288 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Houlihan Lokey were worth $2,005,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in HLI. Royal Bank of Canada grew its holdings in Houlihan Lokey by 14.4% during the 1st quarter. Royal Bank of Canada now owns 49,584 shares of the financial services provider’s stock worth $8,008,000 after acquiring an additional 6,253 shares during the last quarter. AQR Capital Management LLC grew its holdings in Houlihan Lokey by 50.0% during the 1st quarter. AQR Capital Management LLC now owns 29,654 shares of the financial services provider’s stock worth $4,598,000 after acquiring an additional 9,891 shares during the last quarter. Millennium Management LLC bought a new stake in Houlihan Lokey during the 1st quarter worth approximately $18,964,000. Goldman Sachs Group Inc. grew its holdings in Houlihan Lokey by 5.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 415,743 shares of the financial services provider’s stock worth $67,143,000 after acquiring an additional 22,553 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership bought a new stake in Houlihan Lokey during the 2nd quarter worth approximately $1,033,000. 78.07% of the stock is owned by institutional investors.

Houlihan Lokey Stock Performance

Shares of NYSE HLI opened at $153.28 on Friday. The company has a market capitalization of $10.70 billion, a P/E ratio of 23.55, a price-to-earnings-growth ratio of 1.10 and a beta of 1.00. Houlihan Lokey, Inc. has a 52-week low of $134.41 and a 52-week high of $211.78. The company’s 50 day moving average price is $151.46 and its 200-day moving average price is $170.02.

Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings results on Thursday, January 29th. The financial services provider reported $1.94 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.85 by $0.09. Houlihan Lokey had a net margin of 16.91% and a return on equity of 24.46%. The firm’s quarterly revenue was up 13.0% compared to the same quarter last year. During the same period in the prior year, the company posted $1.64 EPS. Analysts forecast that Houlihan Lokey, Inc. will post 7.73 earnings per share for the current year.

Insider Buying and Selling

In other news, Director Robert A. Schriesheim sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The shares were sold at an average price of $170.86, for a total value of $854,300.00. Following the transaction, the director owned 27,982 shares in the company, valued at approximately $4,781,004.52. The trade was a 15.16% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, General Counsel Christopher M. Crain sold 500 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $143.40, for a total transaction of $71,700.00. Following the completion of the transaction, the general counsel owned 500 shares in the company, valued at $71,700. This trade represents a 50.00% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 22.83% of the stock is currently owned by insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on HLI shares. BMO Capital Markets boosted their target price on shares of Houlihan Lokey from $209.00 to $211.00 and gave the stock an “outperform” rating in a report on Thursday, January 29th. The Goldman Sachs Group reduced their target price on shares of Houlihan Lokey from $210.00 to $184.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Keefe, Bruyette & Woods reduced their target price on shares of Houlihan Lokey from $218.00 to $214.00 and set an “outperform” rating on the stock in a report on Thursday, January 29th. Weiss Ratings downgraded shares of Houlihan Lokey from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, April 21st. Finally, UBS Group dropped their price target on shares of Houlihan Lokey from $196.00 to $163.00 and set a “neutral” rating on the stock in a research report on Thursday, March 12th. Five research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $197.71.

Houlihan Lokey Company Profile

Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements.

The firm’s core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions.