Shares of Houlihan Lokey, Inc. (NYSE:HLI – Get Free Report) have received an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, MarketBeat reports. Five research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $174.6250.
A number of research analysts have issued reports on the company. UBS Group decreased their target price on Houlihan Lokey from $161.00 to $147.00 and set a “neutral” rating on the stock in a research report on Thursday. The Goldman Sachs Group dropped their target price on shares of Houlihan Lokey from $171.00 to $148.00 and set a “buy” rating for the company in a report on Thursday. US Capital Advisors set a $187.00 price target on shares of Houlihan Lokey in a report on Thursday, July 9th. Bank of America assumed coverage on shares of Houlihan Lokey in a research report on Friday, July 10th. They set a “buy” rating and a $164.00 price objective for the company. Finally, Keefe, Bruyette & Woods dropped their price target on Houlihan Lokey from $160.00 to $153.00 and set an “outperform” rating for the company in a research note on Thursday.
Check Out Our Latest Report on Houlihan Lokey
Houlihan Lokey Stock Performance
Houlihan Lokey (NYSE:HLI – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $1.35 EPS for the quarter, missing analysts’ consensus estimates of $1.64 by ($0.29). Houlihan Lokey had a return on equity of 20.11% and a net margin of 16.10%.The business had revenue of $511.00 million for the quarter, compared to analyst estimates of $602.38 million. During the same period last year, the firm posted $2.14 EPS. Houlihan Lokey’s quarterly revenue was down 15.6% on a year-over-year basis. On average, equities analysts predict that Houlihan Lokey will post 7.91 EPS for the current fiscal year.
Houlihan Lokey Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st will be paid a $0.70 dividend. The ex-dividend date of this dividend is Tuesday, September 1st. This represents a $2.80 annualized dividend and a dividend yield of 2.2%. Houlihan Lokey’s dividend payout ratio is presently 47.06%.
Insider Buying and Selling at Houlihan Lokey
In related 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 completion of the transaction, the chairman owned 6,265 shares of the company’s stock, valued at $941,378.90. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 22.83% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Houlihan Lokey
Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Resources Management Corp CT ADV lifted its position in shares of Houlihan Lokey by 0.9% during the 2nd quarter. Resources Management Corp CT ADV now owns 5,845 shares of the financial services provider’s stock worth $1,052,000 after buying an additional 55 shares in the last quarter. Huntington National Bank grew its stake in shares of Houlihan Lokey by 5.5% during the 4th quarter. Huntington National Bank now owns 1,156 shares of the financial services provider’s stock worth $201,000 after acquiring an additional 60 shares during the period. Moneta Group Investment Advisors LLC increased its stake in shares of Houlihan Lokey by 1.2% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 5,267 shares of the financial services provider’s stock worth $917,000 after purchasing an additional 61 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in Houlihan Lokey by 7.9% during the 3rd quarter. Northwestern Mutual Wealth Management Co. now owns 956 shares of the financial services provider’s stock valued at $196,000 after acquiring an additional 70 shares during the period. Finally, IFP Advisors Inc raised its stake in shares of 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 purchasing an additional 72 shares during the period. 78.07% of the stock is owned by institutional investors.
Houlihan Lokey News Summary
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.
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.
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