21,011 Shares in Houlihan Lokey, Inc. $HLI Acquired by Healthcare of Ontario Pension Plan Trust Fund

Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Houlihan Lokey, Inc. (NYSE:HLI) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 21,011 shares of the financial services provider’s stock, valued at approximately $3,018,000.

Several other institutional investors have also added to or reduced their stakes in HLI. Resources Management Corp CT ADV lifted its holdings in shares of Houlihan Lokey by 0.9% during the second quarter. Resources Management Corp CT ADV now owns 5,845 shares of the financial services provider’s stock valued at $1,052,000 after purchasing an additional 55 shares in the last quarter. Huntington National Bank increased its holdings in Houlihan Lokey by 5.5% in the 4th quarter. Huntington National Bank now owns 1,156 shares of the financial services provider’s stock worth $201,000 after buying an additional 60 shares in the last quarter. Moneta Group Investment Advisors LLC raised its position in Houlihan Lokey by 1.2% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 5,267 shares of the financial services provider’s stock worth $917,000 after buying an additional 61 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Houlihan Lokey by 7.9% in the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 956 shares of the financial services provider’s stock worth $196,000 after buying an additional 70 shares during the last quarter. Finally, IFP Advisors Inc lifted its stake in Houlihan Lokey by 4.4% during the 4th quarter. IFP Advisors Inc now owns 1,694 shares of the financial services provider’s stock valued at $295,000 after acquiring an additional 72 shares during the period. 78.07% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, Chairman Scott L. Beiser sold 6,265 shares of Houlihan Lokey stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $150.26, for a total transaction of $941,378.90. Following the transaction, the chairman owned 6,265 shares in the company, valued at $941,378.90. This trade represents a 50.00% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 22.83% of the company’s stock.

Key Houlihan Lokey News

Here are the key news stories impacting Houlihan Lokey this week:

• Positive Sentiment: Dividend maintained: Houlihan Lokey declared a quarterly dividend of $0.70 per share, payable September 15 to shareholders of record September 1. The dividend implies an annualized payout of $2.80 and a yield of approximately 2.3%.
• Positive Sentiment: Analysts still see upside: Morgan Stanley maintained an “overweight” rating with a $177 price target, while Keefe, Bruyette & Woods retained an “outperform” rating and set a $153 target. Both targets remain well above the recent trading level, suggesting analysts continue to see longer-term recovery potential.
• Neutral Sentiment: UBS remains cautious but not bearish: UBS lowered its price target from $161 to $147 and maintained a “neutral” rating. Although the target was reduced, it still implies potential upside from the recent share price. UBS Adjusts Houlihan Lokey Price Target
• Negative Sentiment: Large earnings and revenue misses: Fiscal first-quarter EPS was $1.35, below the $1.64 analyst consensus and down from $2.14 a year earlier. Revenue of $511 million missed estimates of $602.38 million and fell 15.6% year over year. The results point to weaker advisory activity and reduced near-term earnings momentum. Houlihan Lokey Misses Q1 Earnings and Revenue Estimates
• Negative Sentiment: Price targets were broadly reduced: Morgan Stanley cut its target from $187 to $177, KBW lowered its target from $160 to $153, and UBS reduced its target from $161 to $147. While ratings remain favorable or neutral, the coordinated cuts indicate analysts are adjusting expectations after the disappointing quarter.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HLI. Zacks Research raised shares of Houlihan Lokey from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. Wolfe Research upgraded shares of Houlihan Lokey from an “underperform” rating to a “peer perform” rating in a research report on Thursday, July 9th. Weiss Ratings restated a “hold (c)” rating on shares of Houlihan Lokey in a report on Friday, July 17th. Keefe, Bruyette & Woods cut their target price on shares of Houlihan Lokey from $160.00 to $153.00 and set an “outperform” rating for the company in a research report on Thursday. Finally, The Goldman Sachs Group decreased their target price on shares of Houlihan Lokey from $171.00 to $148.00 and set a “buy” rating for the company in a research note on Thursday. Five investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $174.62.

Houlihan Lokey Stock Down 7.6%

Houlihan Lokey stock opened at $128.54 on Friday. Houlihan Lokey, Inc. has a 52-week low of $112.83 and a 52-week high of $211.78. The company has a market cap of $8.88 billion, a P/E ratio of 21.60, a P/E/G ratio of 1.18 and a beta of 0.95. The business has a 50-day simple moving average of $139.93 and a two-hundred day simple moving average of $152.32.

Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $1.35 earnings per share for the quarter, missing the consensus estimate of $1.64 by ($0.29). The business had revenue of $511.00 million during the quarter, compared to the consensus estimate of $602.38 million. Houlihan Lokey had a return on equity of 20.11% and a net margin of 16.10%.Houlihan Lokey’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same quarter last year, the company earned $2.14 EPS. Research analysts anticipate that Houlihan Lokey, Inc. will post 7.91 EPS for the current fiscal year.

Houlihan Lokey Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Shareholders of record on Tuesday, September 1st will be given a $0.70 dividend. The ex-dividend date is Tuesday, September 1st. This represents a $2.80 annualized dividend and a yield of 2.2%. Houlihan Lokey’s dividend payout ratio (DPR) is presently 47.06%.

About Houlihan Lokey

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.