MetLife Investment Management LLC Grows Stock Holdings in Houlihan Lokey, Inc. (NYSE:HLI)

MetLife Investment Management LLC boosted its stake in shares of Houlihan Lokey, Inc. (NYSE:HLI - Free Report) by 9.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,399 shares of the financial services provider's stock after buying an additional 2,737 shares during the period. MetLife Investment Management LLC's holdings in Houlihan Lokey were worth $5,279,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also bought and sold shares of the stock. Barclays PLC lifted its stake in shares of Houlihan Lokey by 21.4% during the 3rd quarter. Barclays PLC now owns 36,821 shares of the financial services provider's stock worth $5,818,000 after purchasing an additional 6,483 shares during the last quarter. Gunderson Capital Management Inc. bought a new position in Houlihan Lokey in the fourth quarter worth about $5,133,000. Jones Financial Companies Lllp lifted its position in shares of Houlihan Lokey by 80.9% during the fourth quarter. Jones Financial Companies Lllp now owns 5,638 shares of the financial services provider's stock valued at $979,000 after buying an additional 2,521 shares during the last quarter. Assenagon Asset Management S.A. bought a new stake in shares of Houlihan Lokey in the 4th quarter valued at about $21,613,000. Finally, Park Avenue Securities LLC grew its position in shares of Houlihan Lokey by 20.8% in the 4th quarter. Park Avenue Securities LLC now owns 9,296 shares of the financial services provider's stock worth $1,614,000 after buying an additional 1,599 shares during the last quarter. Institutional investors own 78.07% of the company's stock.

Wall Street Analysts Forecast Growth

HLI has been the subject of a number of analyst reports. Keefe, Bruyette & Woods reissued a "market perform" rating and set a $192.00 target price (up previously from $170.00) on shares of Houlihan Lokey in a research report on Wednesday, January 29th. JPMorgan Chase & Co. decreased their price objective on Houlihan Lokey from $172.00 to $169.00 and set a "neutral" rating for the company in a report on Wednesday, January 29th. JMP Securities reissued a "market perform" rating on shares of Houlihan Lokey in a research report on Wednesday, January 29th. Morgan Stanley reduced their target price on Houlihan Lokey from $190.00 to $156.00 and set an "overweight" rating on the stock in a research report on Monday, April 7th. Finally, StockNews.com downgraded Houlihan Lokey from a "buy" rating to a "hold" rating in a report on Tuesday, February 25th. Four research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Hold" and an average target price of $183.40.

Houlihan Lokey Stock Down 0.4 %

Shares of HLI traded down $0.67 during trading hours on Tuesday, reaching $160.54. 147,401 shares of the company traded hands, compared to its average volume of 349,216. The business has a fifty day moving average price of $159.22 and a 200-day moving average price of $171.76. Houlihan Lokey, Inc. has a 12-month low of $126.30 and a 12-month high of $192.10. The stock has a market capitalization of $11.26 billion, a P/E ratio of 30.62 and a beta of 0.84.

Houlihan Lokey (NYSE:HLI - Get Free Report) last posted its quarterly earnings results on Tuesday, January 28th. The financial services provider reported $1.64 earnings per share for the quarter, beating the consensus estimate of $1.51 by $0.13. Houlihan Lokey had a return on equity of 20.04% and a net margin of 16.00%. As a group, research analysts predict that Houlihan Lokey, Inc. will post 5.98 EPS for the current fiscal year.

Houlihan Lokey Company Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.