Everpar Advisors LLC Buys New Stake in Houlihan Lokey, Inc. (NYSE:HLI)

Everpar Advisors LLC bought a new stake in shares of Houlihan Lokey, Inc. (NYSE:HLI) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 2,509 shares of the financial services provider’s stock, valued at approximately $301,000.

Several other hedge funds and other institutional investors have also made changes to their positions in HLI. Anchor Investment Management LLC acquired a new position in shares of Houlihan Lokey during the 4th quarter valued at $54,000. Harel Insurance Investments & Financial Services Ltd. lifted its holdings in shares of Houlihan Lokey by 100.0% during the 3rd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 600 shares of the financial services provider’s stock valued at $65,000 after acquiring an additional 300 shares in the last quarter. GAMMA Investing LLC acquired a new position in shares of Houlihan Lokey during the 4th quarter valued at $85,000. Headlands Technologies LLC acquired a new position in shares of Houlihan Lokey during the 3rd quarter valued at $87,000. Finally, Planned Solutions Inc. acquired a new position in Houlihan Lokey in the 4th quarter worth $87,000. Institutional investors and hedge funds own 78.07% of the company’s stock.

Insider Activity at Houlihan Lokey

In related news, General Counsel Christopher M. Crain sold 1,000 shares of the stock in a transaction dated Friday, March 1st. The shares were sold at an average price of $128.94, for a total transaction of $128,940.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 25.97% of the stock is owned by corporate insiders.

Houlihan Lokey Trading Down 1.0 %

NYSE:HLI traded down $1.36 on Wednesday, reaching $132.88. The stock had a trading volume of 320,972 shares, compared to its average volume of 338,902. Houlihan Lokey, Inc. has a 12-month low of $85.37 and a 12-month high of $135.35. The company has a 50-day moving average of $126.94 and a 200 day moving average of $119.46. The stock has a market cap of $9.18 billion, a P/E ratio of 32.98 and a beta of 0.67.

Analysts Set New Price Targets

A number of equities analysts have weighed in on HLI shares. Keefe, Bruyette & Woods reissued a “market perform” rating and issued a $127.00 price objective on shares of Houlihan Lokey in a research report on Monday, January 29th. JMP Securities reissued a “market perform” rating on shares of Houlihan Lokey in a research report on Tuesday, April 9th. Finally, UBS Group upped their price objective on shares of Houlihan Lokey from $136.00 to $142.00 and gave the company a “buy” rating in a research report on Friday, February 2nd.

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.