Houlihan Lokey, Inc. (NYSE:HLI) Receives Consensus Rating of “Reduce” from Analysts

Houlihan Lokey, Inc. (NYSE:HLI) has received a consensus rating of “Reduce” from the six analysts that are covering the firm, MarketBeat.com reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is $194.40.

A number of equities research analysts have recently issued reports on HLI shares. StockNews.com upgraded Houlihan Lokey from a “hold” rating to a “buy” rating in a research note on Thursday. Wells Fargo & Company increased their price target on shares of Houlihan Lokey from $178.00 to $180.00 and gave the company an “underweight” rating in a research note on Wednesday, January 29th. UBS Group lifted their price target on Houlihan Lokey from $229.00 to $230.00 and gave the stock a “buy” rating in a report on Wednesday, January 29th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $192.00 price objective (up previously from $170.00) on shares of Houlihan Lokey in a research note on Wednesday, January 29th. Finally, JMP Securities reissued a “market perform” rating on shares of Houlihan Lokey in a report on Wednesday, January 29th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HLI. Private Trust Co. NA bought a new stake in shares of Houlihan Lokey in the fourth quarter valued at about $29,000. Financial Life Planners acquired a new stake in Houlihan Lokey in the 4th quarter worth about $33,000. Golden State Wealth Management LLC bought a new stake in Houlihan Lokey in the 4th quarter valued at about $53,000. VisionPoint Advisory Group LLC acquired a new position in shares of Houlihan Lokey during the 4th quarter worth approximately $62,000. Finally, First Horizon Advisors Inc. grew its position 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 in the last quarter. 78.07% of the stock is owned by institutional investors and hedge funds.

Houlihan Lokey Stock Down 0.1 %

NYSE:HLI opened at $178.27 on Friday. The company has a market cap of $12.39 billion, a P/E ratio of 34.02 and a beta of 0.69. Houlihan Lokey has a twelve month low of $121.81 and a twelve month high of $192.10. The business has a 50 day moving average price of $177.57 and a two-hundred day moving average price of $169.60.

Houlihan Lokey (NYSE:HLI) last released its earnings results on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share for the quarter, beating analysts’ consensus estimates of $1.51 by $0.13. Houlihan Lokey had a net margin of 16.00% and a return on equity of 20.04%. As a group, analysts anticipate that Houlihan Lokey will post 5.98 earnings per share for the current fiscal 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 paid a dividend of $0.57 per share. The ex-dividend date is Monday, March 3rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.28%. Houlihan Lokey’s dividend payout ratio (DPR) is currently 43.51%.

About Houlihan Lokey

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.