Nomura Holdings Inc. Buys Shares of 5,533 Hamilton Lane Incorporated (NASDAQ:HLNE)

Nomura Holdings Inc. purchased a new stake in shares of Hamilton Lane Incorporated (NASDAQ:HLNE - Free Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 5,533 shares of the company's stock, valued at approximately $819,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of Hamilton Lane by 28.4% in the fourth quarter. Vanguard Group Inc. now owns 3,901,933 shares of the company's stock valued at $577,681,000 after acquiring an additional 863,326 shares during the period. Invesco Ltd. raised its stake in Hamilton Lane by 25.3% during the 4th quarter. Invesco Ltd. now owns 1,923,253 shares of the company's stock worth $284,738,000 after acquiring an additional 388,019 shares during the period. Price T Rowe Associates Inc. MD increased its stake in Hamilton Lane by 229.7% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,292,266 shares of the company's stock worth $191,321,000 after buying an additional 900,283 shares in the last quarter. Geode Capital Management LLC boosted its stake in Hamilton Lane by 4.1% in the 4th quarter. Geode Capital Management LLC now owns 1,149,928 shares of the company's stock worth $170,280,000 after purchasing an additional 44,865 shares during the period. Finally, T. Rowe Price Investment Management Inc. increased its stake in Hamilton Lane by 10.0% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 780,363 shares of the company's stock worth $115,533,000 after acquiring an additional 70,976 shares during the last quarter. Institutional investors own 97.40% of the company's stock.

Hamilton Lane Trading Up 0.9%

HLNE traded up $1.55 on Friday, reaching $165.41. 401,644 shares of the company's stock were exchanged, compared to its average volume of 438,850. The company's 50 day moving average is $151.64 and its 200-day moving average is $158.98. The company has a market cap of $9.17 billion, a price-to-earnings ratio of 30.52 and a beta of 1.31. Hamilton Lane Incorporated has a twelve month low of $114.85 and a twelve month high of $203.72. 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 Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 14th were given a dividend of $0.49 per share. This represents a $1.96 annualized dividend and a yield of 1.18%. The ex-dividend date was Friday, March 14th. Hamilton Lane's dividend payout ratio (DPR) is presently 36.16%.

Analyst Upgrades and Downgrades

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

Hamilton Lane Company Profile

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.