Hamilton Lane (NASDAQ:HLNE) Stock Price Down 7.8% - Here's Why

Key Points

• Hamilton Lane shares plunged 7.8% in mid-day trading to about $95.13, with volume roughly 46% below the stock's average session, driving the sharp intraday move.
• Several firms issued downgrades and price-target cuts (e.g., Oppenheimer $230→$171, UBS $184→$150, Zacks to "hold"), though the MarketBeat consensus remains a "Moderate Buy" with an average target of $155.38.
• Fundamentals remain solid after an earnings beat (Q EPS $1.55 vs. $1.28, revenue +18% YoY), a 2.2% dividend yield, and strong margins and ROE, but the stock is trading below its 50‑day ($103.23) and 200‑day ($121.71) moving averages.

Hamilton Lane Inc. (NASDAQ:HLNE - Get Free Report)'s share price fell 7.8% during mid-day trading on Friday . The stock traded as low as $95.13 and last traded at $95.1240. 373,541 shares traded hands during trading, a decline of 46% from the average session volume of 693,169 shares. The stock had previously closed at $103.16.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HLNE. Zacks Research downgraded Hamilton Lane from a "strong-buy" rating to a "hold" rating in a research report on Monday, April 6th. Oppenheimer decreased their price objective on Hamilton Lane from $230.00 to $171.00 and set an "outperform" rating on the stock in a research note on Monday, April 13th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Hamilton Lane in a research report on Thursday, January 22nd. UBS Group cut their target price on shares of Hamilton Lane from $184.00 to $150.00 and set a "buy" rating for the company in a research note on Friday, February 20th. Finally, Keefe, Bruyette & Woods upped their target price on shares of Hamilton Lane from $161.00 to $170.00 and gave the company an "outperform" rating in a report on Thursday, January 8th. Six research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Hamilton Lane currently has a consensus rating of "Moderate Buy" and an average target price of $155.38.

Hamilton Lane Price Performance

The company's 50 day simple moving average is $103.23 and its 200 day simple moving average is $121.71. The company has a current ratio of 3.27, a quick ratio of 3.27 and a debt-to-equity ratio of 0.21. The stock has a market capitalization of $5.39 billion, a PE ratio of 17.36 and a beta of 1.33.

Hamilton Lane (NASDAQ:HLNE - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.55 earnings per share for the quarter, topping analysts' consensus estimates of $1.28 by $0.27. Hamilton Lane had a return on equity of 27.82% and a net margin of 30.59%.The company had revenue of $198.59 million for the quarter, compared to analyst estimates of $195.36 million. During the same quarter in the prior year, the company posted $1.25 EPS. The business's revenue for the quarter was up 18.0% compared to the same quarter last year. On average, equities analysts anticipate that Hamilton Lane Inc. will post 6.2 earnings per share for the current year.

Hamilton Lane Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, April 6th. Shareholders of record on Friday, March 20th were paid a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Friday, March 20th. Hamilton Lane's dividend payout ratio (DPR) is presently 38.78%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Quarry LP boosted its position in shares of Hamilton Lane by 2,557.1% in the third quarter. Quarry LP now owns 186 shares of the company's stock worth $25,000 after acquiring an additional 179 shares during the last quarter. Advisory Services Network LLC purchased a new position in Hamilton Lane during the third quarter worth approximately $26,000. Cornerstone Planning Group LLC raised its stake in Hamilton Lane by 347.7% during the third quarter. Cornerstone Planning Group LLC now owns 197 shares of the company's stock worth $27,000 after purchasing an additional 153 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Hamilton Lane by 80.5% in the 3rd quarter. Hantz Financial Services Inc. now owns 213 shares of the company's stock valued at $29,000 after purchasing an additional 95 shares during the last quarter. Finally, First Horizon Corp acquired a new position in shares of Hamilton Lane in the 3rd quarter valued at $31,000. Institutional investors and hedge funds own 97.40% of the company's stock.

Hamilton Lane Company Profile

Hamilton Lane is a global private markets investment management firm specializing in the full spectrum of private equity and credit strategies. The company partners with institutional investors and wealth managers to design, implement and manage customized portfolios in primary fund investing, secondary market transactions and direct co-investment opportunities. By combining investment selection, portfolio construction and ongoing monitoring, Hamilton Lane seeks to optimize risk-adjusted returns across diverse private markets exposures.

Founded in 1991, Hamilton Lane has developed a track record of investment and advisory services in private markets.

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