1 week Ago By ABMN Staff
Oregon Public Employees Retirement Fund lessened its stake in shares of Houlihan Lokey, Inc. ( NYSE:HLI – Free Report ) by 15.5% in the 2nd quarter, HoldingsChannel reports.
The institutional investor owned 10,890 shares of the financial services provider’s stock after selling 2,000 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Houlihan Lokey were worth $1,469,000 at the end of the most recent quarter. Several other hedge funds also recently bought and sold shares of the stock.
Fiera Capital Corp raised its stake in shares of Houlihan Lokey by 0.9% in the 2nd quarter. Fiera Capital Corp now owns 36,997 shares of the financial services provider’s stock valued at $4,989,000 after acquiring an additional 318 shares during the period.
CIBC Asset Management Inc purchased a new stake in Houlihan Lokey in the second quarter valued at approximately $201,000. Summit Financial LLC raised its position in Houlihan Lokey by 18.4% in the second quarter.
Summit Financial LLC now owns 1,994 shares of the financial services provider’s stock valued at $269,000 after purchasing an additional 310 shares during the period. Barlow Wealth Partners Inc. boosted its position in shares of Houlihan Lokey by 2.
1% during the second quarter. Barlow Wealth Partners Inc. now owns 177,181 shares of the financial services provider’s stock worth $25,296,000 after buying an additional 3,575 shares during the period.
Finally, Van ECK Associates Corp boosted its position in shares of Houlihan Lokey by 19.8% during the second quarter. Van ECK Associates Corp now owns 23,368 shares of the financial services provider’s stock worth $3,151,000 after buying an additional 3,862 shares during the period.
Hedge funds and other institutional investors own 78.07% of the company’s stock. Insider Transactions at Houlihan Lokey In related news, Chairman Irwin Gold sold 9,902 shares of the stock in a transaction on Friday, June 28th.
The stock was sold at an average price of $135.25, for a total value of $1,339,245.50.
The transaction was disclosed in a document filed with the SEC, which is available at the SEC website . In other news, General Counsel Christopher M. Crain sold 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, September 3rd.
The shares were sold at an average price of $155.29, for a total transaction of $155,290.00.
The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link . Also, Chairman Irwin Gold sold 9,902 shares of the company’s stock in a transaction on Friday, June 28th. The shares were sold at an average price of $135.
25, for a total transaction of $1,339,245.50. The disclosure for this sale can be found here .
In the last three months, insiders sold 19,419 shares of company stock valued at $2,788,303. Insiders own 25.97% of the company’s stock.
Analyst Upgrades and Downgrades View Our Latest Analysis on Houlihan Lokey Houlihan Lokey Price Performance Shares of NYSE HLI opened at $148.90 on Friday. The company has a market cap of $10.
21 billion, a price-to-earnings ratio of 36.23 and a beta of 0.67.
The stock’s 50-day moving average is $146.86 and its two-hundred day moving average is $135.66.
Houlihan Lokey, Inc. has a 1-year low of $94.67 and a 1-year high of $157.
58. Houlihan Lokey ( NYSE:HLI – Get Free Report ) last released its earnings results on Tuesday, July 30th. The financial services provider reported $1.
22 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.22. Houlihan Lokey had a net margin of 15.
30% and a return on equity of 18.80%. The firm had revenue of $514.
00 million for the quarter, compared to analyst estimates of $508.70 million. During the same period in the prior year, the firm earned $0.
89 earnings per share. The business’s quarterly revenue was up 23.6% compared to the same quarter last year.
Equities research analysts anticipate that Houlihan Lokey, Inc. will post 5.64 earnings per share for the current fiscal year.
Houlihan Lokey Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Sunday, September 15th. Stockholders of record on Tuesday, September 3rd will be issued a $0.57 dividend.
The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.
53%. Houlihan Lokey’s payout ratio is 55.47%.
Houlihan Lokey Profile ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding HLI? Visit HoldingsChannel.
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