Universal Beteiligungs und Servicegesellschaft mbH Makes New $1.45 Million Investment in Hamilton Lane Inc. (NASDAQ:HLNE)

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH invested $1.45 million in Hamilton Lane Inc. by purchasing 9,777 shares during the first quarter, highlighting significant institutional interest in the stock.
• Hamilton Lane recently announced a quarterly dividend increase from $0.49 to $0.54, representing an annual yield of 1.5% and a payout ratio of 40.07%.
• Analysts have mixed ratings on Hamilton Lane, with two sell ratings and six hold ratings, showing varying perspectives on its stock performance and future prospects.

Universal Beteiligungs und Servicegesellschaft mbH bought a new position in Hamilton Lane Inc. (NASDAQ:HLNE - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 9,777 shares of the company's stock, valued at approximately $1,454,000.

Several other institutional investors have also made changes to their positions in the company. Kingsview Wealth Management LLC boosted its holdings in shares of Hamilton Lane by 3.6% during the first quarter. Kingsview Wealth Management LLC now owns 16,943 shares of the company's stock worth $2,519,000 after purchasing an additional 593 shares during the period. Whittier Trust Co. of Nevada Inc. acquired a new stake in shares of Hamilton Lane during the first quarter worth approximately $33,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of Hamilton Lane during the first quarter worth approximately $328,000. Florida Financial Advisors LLC lifted its stake in Hamilton Lane by 49.0% in the first quarter. Florida Financial Advisors LLC now owns 4,069 shares of the company's stock valued at $604,000 after acquiring an additional 1,338 shares during the last quarter. Finally, Securian Asset Management Inc. lifted its stake in Hamilton Lane by 4.4% in the first quarter. Securian Asset Management Inc. now owns 3,292 shares of the company's stock valued at $489,000 after acquiring an additional 140 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Hamilton Lane Stock Performance

Hamilton Lane stock traded up $4.86 on Tuesday, hitting $155.76. The company's stock had a trading volume of 205,728 shares, compared to its average volume of 578,877. The firm has a market cap of $8.34 billion, a P/E ratio of 28.90 and a beta of 1.23. The company has a quick ratio of 4.83, a current ratio of 4.83 and a debt-to-equity ratio of 0.31. The company has a fifty day moving average price of $149.25 and a 200-day moving average price of $151.69. Hamilton Lane Inc. has a one year low of $124.10 and a one year high of $203.72.

Hamilton Lane (NASDAQ:HLNE - Get Free Report) last announced its quarterly earnings results on Thursday, May 29th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.20 by $0.01. Hamilton Lane had a net margin of 30.50% and a return on equity of 32.94%. The firm had revenue of $197.97 million for the quarter, compared to analyst estimates of $165.49 million. During the same quarter in the previous year, the firm posted $1.38 EPS. The business's revenue for the quarter was up 12.1% on a year-over-year basis. On average, equities analysts anticipate that Hamilton Lane Inc. will post 4.97 earnings per share for the current year.

Hamilton Lane Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 6th. Stockholders of record on Friday, September 19th will be paid a $0.54 dividend. This represents a $2.16 annualized dividend and a dividend yield of 1.4%. Hamilton Lane's dividend payout ratio is presently 40.07%.

Analyst Ratings Changes

HLNE has been the subject of a number of analyst reports. Oppenheimer cut shares of Hamilton Lane from an "outperform" rating to a "market perform" rating in a research note on Thursday, May 15th. Wall Street Zen cut shares of Hamilton Lane from a "hold" rating to a "sell" rating in a research note on Friday, June 6th. Morgan Stanley reduced their price objective on shares of Hamilton Lane from $190.00 to $157.00 and set an "equal weight" rating for the company in a research note on Monday, April 14th. JPMorgan Chase & Co. reduced their price objective on shares of Hamilton Lane from $153.00 to $145.00 and set a "neutral" rating for the company in a research note on Wednesday, July 23rd. Finally, Wells Fargo & Company boosted their target price on shares of Hamilton Lane from $161.00 to $162.00 and gave the stock an "equal weight" rating in a research report on Friday, July 11th. Two investment analysts have rated the stock with a sell rating and six have given a hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and an average target price of $161.29.

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.