Segall Bryant & Hamill LLC Has $17.27 Million Position in Houlihan Lokey, Inc. $HLI

Segall Bryant & Hamill LLC lifted its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI) by 36.7% during the 1st quarter, Holdings Channel.com reports. The firm owned 120,258 shares of the financial services provider’s stock after purchasing an additional 32,276 shares during the period. Segall Bryant & Hamill LLC’s holdings in Houlihan Lokey were worth $17,271,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Flagship Harbor Advisors LLC bought a new position in shares of Houlihan Lokey in the fourth quarter valued at about $26,000. Oakworth Capital Inc. acquired a new position in Houlihan Lokey during the 4th quarter worth about $29,000. Core Wealth Advisors LLC bought a new stake in Houlihan Lokey during the 4th quarter worth about $32,000. Eurizon Capital SGR S.p.A. bought a new stake in Houlihan Lokey during the 4th quarter worth about $33,000. Finally, Annis Gardner Whiting Capital Advisors LLC increased its position in Houlihan Lokey by 103.4% in the 1st quarter. Annis Gardner Whiting Capital Advisors LLC now owns 236 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 120 shares in the last quarter. 78.07% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Houlihan Lokey

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

• Positive Sentiment: 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 yield of approximately 2.2%, providing shareholder income.
• Positive Sentiment: Morgan Stanley maintained an “overweight” rating despite lowering its price target to $177 from $187, while Keefe, Bruyette & Woods retained an “outperform” rating and reduced its target to $153 from $160. Both targets remain substantially above the recent trading level, suggesting analysts expect a recovery.
• Neutral Sentiment: UBS lowered its price target to $147 from $161 and maintained a “neutral” rating. The revised target still indicates upside, but the cut reflects more cautious expectations for the company’s valuation or near-term performance. Houlihan Lokey Given New $147 Price Target at UBS Group
• Negative Sentiment: Fiscal Q1 earnings were well below expectations: adjusted EPS was $1.35 versus the $1.64 consensus, and revenue was $511 million versus $602.38 million expected. EPS also fell from $2.14 a year earlier, while revenue declined 15.6% year over year. The sizable earnings and revenue misses are the primary catalyst weighing on HLI. Houlihan Lokey Misses Q1 Earnings and Revenue Estimates

Houlihan Lokey Stock Down 2.4%

Shares of HLI stock opened at $125.21 on Friday. The firm has a market cap of $8.65 billion, a price-to-earnings ratio of 21.04, a PEG ratio of 1.06 and a beta of 0.95. Houlihan Lokey, Inc. has a 12 month low of $112.83 and a 12 month high of $211.78. The stock has a 50-day moving average price of $139.40 and a 200 day moving average price of $152.13.

Houlihan Lokey (NYSE:HLI) last released its earnings results on Wednesday, July 29th. The financial services provider reported $1.35 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.29). The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $602.38 million. Houlihan Lokey had a net margin of 16.10% and a return on equity of 20.20%. The business’s revenue for the quarter was down 15.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.14 earnings per share. Sell-side analysts predict that Houlihan Lokey, Inc. will post 7.55 earnings per share for the current fiscal year.

Houlihan Lokey Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 15th. Investors of record on Tuesday, September 1st will be issued a $0.70 dividend. This represents a $2.80 annualized dividend and a yield of 2.2%. The ex-dividend date is Tuesday, September 1st. Houlihan Lokey’s dividend payout ratio is currently 47.06%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on HLI shares. Morgan Stanley reduced their target price on shares of Houlihan Lokey from $187.00 to $177.00 and set an “overweight” rating on the stock in a research report on Thursday. US Capital Advisors set a $187.00 price target on shares of Houlihan Lokey in a report on Thursday, July 9th. Zacks Research raised shares of Houlihan Lokey from a “strong sell” rating to a “hold” rating in a report on Thursday, June 11th. The Goldman Sachs Group dropped their price objective on shares of Houlihan Lokey from $171.00 to $148.00 and set a “buy” rating for the company in a research report on Thursday. Finally, Wolfe Research raised Houlihan Lokey from an “underperform” rating to a “peer perform” rating in a report on Thursday, July 9th. Five investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Houlihan Lokey currently has a consensus rating of “Moderate Buy” and an average price target of $174.62.

Insiders Place Their Bets

In other Houlihan Lokey news, Chairman Scott L. Beiser sold 6,265 shares of the firm’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $150.26, for a total value of $941,378.90. Following the transaction, the chairman directly owned 6,265 shares of the company’s stock, valued at approximately $941,378.90. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 22.83% of the stock is owned by corporate insiders.

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.