Janus Henderson Group PLC Acquires 11,959 Shares of Hamilton Lane Incorporated (NASDAQ:HLNE)

Janus Henderson Group PLC grew its position in shares of Hamilton Lane Incorporated (NASDAQ:HLNE - Free Report) by 24.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,252 shares of the company's stock after acquiring an additional 11,959 shares during the period. Janus Henderson Group PLC owned about 0.11% of Hamilton Lane worth $9,071,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. CBIZ Investment Advisory Services LLC boosted its holdings in Hamilton Lane by 27.0% in the fourth quarter. CBIZ Investment Advisory Services LLC now owns 287 shares of the company's stock valued at $43,000 after acquiring an additional 61 shares in the last quarter. Farther Finance Advisors LLC lifted its position in shares of Hamilton Lane by 283.3% in the 4th quarter. Farther Finance Advisors LLC now owns 299 shares of the company's stock worth $44,000 after purchasing an additional 221 shares during the period. Kapitalo Investimentos Ltda bought a new stake in shares of Hamilton Lane during the 4th quarter valued at about $65,000. R Squared Ltd bought a new stake in shares of Hamilton Lane during the 4th quarter valued at about $213,000. Finally, Aigen Investment Management LP purchased a new position in shares of Hamilton Lane during the fourth quarter valued at about $221,000. 97.40% of the stock is currently owned by hedge funds and other institutional investors.

Hamilton Lane Stock Performance

Shares of HLNE traded up $1.55 during mid-day trading on Friday, hitting $165.41. 401,644 shares of the company traded hands, compared to its average volume of 439,042. The stock has a 50-day moving average price of $151.64 and a two-hundred day moving average price of $159.42. The stock has a market cap of $9.17 billion, a price-to-earnings ratio of 30.52 and a beta of 1.31. The company has a debt-to-equity ratio of 0.34, a quick ratio of 4.19 and a current ratio of 4.19. Hamilton Lane Incorporated has a 1 year low of $114.85 and a 1 year high of $203.72.

Hamilton Lane Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, April 4th. Shareholders of record on Friday, March 14th were given a $0.49 dividend. The ex-dividend date of this dividend was Friday, March 14th. This represents a $1.96 annualized dividend and a yield of 1.18%. Hamilton Lane's payout ratio is 36.16%.

Analyst Upgrades and Downgrades

HLNE has been the subject of several research analyst reports. Wells Fargo & Company raised their price objective on shares of Hamilton Lane from $147.00 to $166.00 and gave the stock an "equal weight" rating in a report on Friday. JPMorgan Chase & Co. decreased their target price on Hamilton Lane from $176.00 to $167.00 and set a "neutral" rating for the company in a research report on Tuesday, April 29th. Oppenheimer lowered Hamilton Lane from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 15th. Morgan Stanley decreased their price objective on Hamilton Lane from $190.00 to $157.00 and set an "equal weight" rating for the company in a report on Monday, April 14th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Hamilton Lane from $158.00 to $168.00 and gave the company a "market perform" rating in a report on Wednesday, February 5th. One analyst has rated the stock with a sell rating and six have given a hold rating to the stock. Based on data from MarketBeat, Hamilton Lane has an average rating of "Hold" and an average target price of $166.86.

About Hamilton Lane

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services.