Nomura Holdings Inc. Purchases 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 fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 5,533 shares of the company's stock, valued at approximately $819,000.

A number of other institutional investors have also recently added to or reduced their stakes in HLNE. Barclays PLC grew its position in Hamilton Lane by 84.5% during the third quarter. Barclays PLC now owns 246,383 shares of the company's stock valued at $41,488,000 after acquiring an additional 112,866 shares during the period. Park Avenue Securities LLC grew its position in Hamilton Lane by 35.2% during the fourth quarter. Park Avenue Securities LLC now owns 2,599 shares of the company's stock valued at $385,000 after acquiring an additional 677 shares during the period. Crossmark Global Holdings Inc. boosted its position in shares of Hamilton Lane by 41.8% in the fourth quarter. Crossmark Global Holdings Inc. now owns 2,513 shares of the company's stock worth $372,000 after buying an additional 741 shares during the period. Lifestyle Asset Management Inc. boosted its position in shares of Hamilton Lane by 5.9% in the fourth quarter. Lifestyle Asset Management Inc. now owns 1,515 shares of the company's stock worth $224,000 after buying an additional 84 shares during the period. Finally, KBC Group NV boosted its position in shares of Hamilton Lane by 2,006.2% in the fourth quarter. KBC Group NV now owns 24,032 shares of the company's stock worth $3,558,000 after buying an additional 22,891 shares during the period. Hedge funds and other institutional investors own 97.40% of the company's stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on HLNE. Morgan Stanley decreased their target price on Hamilton Lane from $190.00 to $157.00 and set an "equal weight" rating for the company in a research report on Monday, April 14th. Oppenheimer downgraded Hamilton Lane from an "outperform" rating to a "market perform" rating in a research report on Thursday, May 15th. Wells Fargo & Company decreased their target price on Hamilton Lane from $152.00 to $147.00 and set an "equal weight" rating for the company in a research report on Tuesday, April 8th. Keefe, Bruyette & Woods upped their target price on Hamilton Lane from $158.00 to $168.00 and gave the stock a "market perform" rating in a research report on Wednesday, February 5th. Finally, 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. One research analyst has rated the stock with a sell rating and six have assigned a hold rating to the company's stock. Based on data from MarketBeat.com, Hamilton Lane has a consensus rating of "Hold" and a consensus target price of $164.14.

Hamilton Lane Trading Down 0.1%

Shares of HLNE opened at $172.52 on Tuesday. The company has a market capitalization of $9.56 billion, a P/E ratio of 31.83 and a beta of 1.31. Hamilton Lane Incorporated has a one year low of $114.85 and a one year 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. The stock has a 50-day moving average price of $149.86 and a 200 day moving average price of $159.54.

Hamilton Lane Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 14th were issued a $0.49 dividend. This represents a $1.96 dividend on an annualized basis and a yield of 1.14%. The ex-dividend date was Friday, March 14th. Hamilton Lane's dividend payout ratio is currently 36.16%.

Hamilton Lane 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.

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