Houlihan Lokey, Inc. (NYSE:HLI) Shares Bought by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL lifted its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI) by 100.2% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 23,970 shares of the financial services provider’s stock after purchasing an additional 11,995 shares during the quarter. Tudor Investment Corp ET AL’s holdings in Houlihan Lokey were worth $4,163,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in HLI. Barclays PLC boosted its stake in Houlihan Lokey by 21.4% in the 3rd quarter. Barclays PLC now owns 36,821 shares of the financial services provider’s stock worth $5,818,000 after buying an additional 6,483 shares during the last quarter. Gunderson Capital Management Inc. purchased a new position in shares of Houlihan Lokey during the 4th quarter worth about $5,133,000. Jones Financial Companies Lllp lifted its holdings in shares of Houlihan Lokey by 80.9% during the 4th quarter. Jones Financial Companies Lllp now owns 5,638 shares of the financial services provider’s stock worth $979,000 after acquiring an additional 2,521 shares during the period. Assenagon Asset Management S.A. acquired a new stake in shares of Houlihan Lokey in the fourth quarter worth approximately $21,613,000. Finally, Park Avenue Securities LLC grew its holdings in Houlihan Lokey by 20.8% in the fourth quarter. Park Avenue Securities LLC now owns 9,296 shares of the financial services provider’s stock valued at $1,614,000 after purchasing an additional 1,599 shares during the period. Hedge funds and other institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Stock Up 1.2 %

NYSE HLI opened at $164.06 on Friday. Houlihan Lokey, Inc. has a fifty-two week low of $127.14 and a fifty-two week high of $192.10. The business has a 50 day moving average price of $158.63 and a two-hundred day moving average price of $171.59. The stock has a market cap of $11.51 billion, a PE ratio of 31.31 and a beta of 0.84.

Houlihan Lokey (NYSE:HLI) last announced its earnings results on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.13. Houlihan Lokey had a net margin of 16.00% and a return on equity of 20.04%. Sell-side analysts anticipate that Houlihan Lokey, Inc. will post 5.98 EPS for the current fiscal year.

Analysts Set New Price Targets

HLI has been the topic of a number of recent analyst reports. Morgan Stanley cut their price target on shares of Houlihan Lokey from $190.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, April 7th. JPMorgan Chase & Co. lowered their price target on Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating for the company in a research report on Wednesday, January 29th. Wells Fargo & Company cut their price objective on Houlihan Lokey from $179.00 to $170.00 and set an “overweight” rating on the stock in a report on Tuesday, April 8th. JMP Securities reiterated a “market perform” rating on shares of Houlihan Lokey in a report on Wednesday, January 29th. Finally, UBS Group raised their price target on shares of Houlihan Lokey from $229.00 to $230.00 and gave the company a “buy” rating in a report on Wednesday, January 29th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $183.40.

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.