Hamilton Lane (HLNE) Given Daily Media Impact Rating of 0.17
Media coverage about Hamilton Lane (NASDAQ:HLNE) has been trending somewhat positive this week, Accern reports. The research firm rates the sentiment of press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Hamilton Lane earned a news sentiment score of 0.17 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.6251832272452 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the news headlines that may have effected Accern’s analysis:
- [$$] On the Menu: Philadelphia (finance.yahoo.com)
- Hamilton Lane, Inc. :HLNE-US: Earnings Analysis: Q1, 2018 By the Numbers : August 28, 2017 (finance.yahoo.com)
- Hamilton Lane Incorporated (NASDAQ:HLNE) Files An 8-K Entry into a Material Definitive Agreement (4-traders.com)
- WisdomTree Investments (WETF) & Hamilton Lane (HLNE) Financial Analysis (americanbankingnews.com)
Hamilton Lane (NASDAQ:HLNE) traded up 1.757% during mid-day trading on Thursday, reaching $23.455. 155,257 shares of the company were exchanged. Hamilton Lane has a 1-year low of $17.32 and a 1-year high of $24.00. The stock has a 50-day moving average of $22.36 and a 200 day moving average of $20.47. The firm has a market capitalization of $451.86 million and a P/E ratio of 74.460.
Hamilton Lane (NASDAQ:HLNE) last announced its quarterly earnings results on Tuesday, August 8th. The company reported $0.33 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.26 by $0.07. The company had revenue of $52.70 million during the quarter, compared to analysts’ expectations of $50.69 million. The business’s revenue for the quarter was up 33.2% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.30 earnings per share. Equities research analysts forecast that Hamilton Lane will post $1.08 earnings per share for the current year.
The business also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be paid a $0.175 dividend. The ex-dividend date is Thursday, September 14th. This represents a $0.70 annualized dividend and a yield of 3.04%.
A number of research firms recently commented on HLNE. Zacks Investment Research upgraded shares of Hamilton Lane from a “sell” rating to a “hold” rating in a research note on Thursday, August 10th. Morgan Stanley reiterated an “overweight” rating and issued a $23.00 target price (down from $24.00) on shares of Hamilton Lane in a research note on Monday, July 10th. Four research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $21.80.
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About Hamilton Lane
Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.
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