Universal Beteiligungs und Servicegesellschaft mbH Has $5.21 Million Position in Hamilton Lane Inc. $HLNE

Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Hamilton Lane Inc. (NASDAQ:HLNE) by 112.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 38,721 shares of the company’s stock after acquiring an additional 20,506 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Hamilton Lane were worth $5,206,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Quarry LP raised its stake in Hamilton Lane by 2,557.1% during the third quarter. Quarry LP now owns 186 shares of the company’s stock worth $25,000 after acquiring an additional 179 shares in the last quarter. Advisory Services Network LLC acquired a new position in Hamilton Lane during the third quarter worth $26,000. Cornerstone Planning Group LLC raised its stake in Hamilton Lane by 347.7% during the third quarter. Cornerstone Planning Group LLC now owns 197 shares of the company’s stock worth $27,000 after acquiring an additional 153 shares in the last quarter. Hantz Financial Services Inc. raised its stake in Hamilton Lane by 80.5% during the third quarter. Hantz Financial Services Inc. now owns 213 shares of the company’s stock worth $29,000 after acquiring an additional 95 shares in the last quarter. Finally, First Horizon Corp acquired a new position in Hamilton Lane during the third quarter worth $31,000. 97.40% of the stock is currently owned by institutional investors and hedge funds.

Hamilton Lane Price Performance

Hamilton Lane stock opened at $90.75 on Wednesday. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.27 and a current ratio of 3.27. The firm has a market cap of $5.06 billion, a P/E ratio of 16.29 and a beta of 1.33. The business’s fifty day moving average is $101.42 and its two-hundred day moving average is $121.10. Hamilton Lane Inc. has a 52 week low of $87.87 and a 52 week high of $179.19.

Hamilton Lane (NASDAQ:HLNE) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.27. Hamilton Lane had a return on equity of 27.82% and a net margin of 30.59%.The business had revenue of $198.59 million for the quarter, compared to analyst estimates of $195.36 million. During the same quarter in the prior year, the firm posted $1.25 earnings per share. The firm’s revenue for the quarter was up 18.0% compared to the same quarter last year. Equities research analysts forecast that Hamilton Lane Inc. will post 6.2 earnings per share for the current fiscal year.

Hamilton Lane Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, April 6th. Stockholders of record on Friday, March 20th were paid a dividend of $0.54 per share. This represents a $2.16 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Friday, March 20th. Hamilton Lane’s dividend payout ratio is 38.78%.

Wall Street Analyst Weigh In

HLNE has been the subject of several recent analyst reports. Zacks Research lowered Hamilton Lane from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 6th. Weiss Ratings reissued a “hold (c+)” rating on shares of Hamilton Lane in a research note on Thursday, January 22nd. UBS Group reduced their price objective on Hamilton Lane from $184.00 to $150.00 and set a “buy” rating on the stock in a research note on Friday, February 20th. Oppenheimer reduced their price objective on Hamilton Lane from $230.00 to $171.00 and set an “outperform” rating on the stock in a research note on Monday, April 13th. Finally, Keefe, Bruyette & Woods boosted their price objective on Hamilton Lane from $161.00 to $170.00 and gave the stock an “outperform” rating in a research note on Thursday, January 8th. Six investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $155.38.

Hamilton Lane Profile

Hamilton Lane is a global private markets investment management firm specializing in the full spectrum of private equity and credit strategies. The company partners with institutional investors and wealth managers to design, implement and manage customized portfolios in primary fund investing, secondary market transactions and direct co-investment opportunities. By combining investment selection, portfolio construction and ongoing monitoring, Hamilton Lane seeks to optimize risk-adjusted returns across diverse private markets exposures.

Founded in 1991, Hamilton Lane has developed a track record of investment and advisory services in private markets.