Hamilton Lane Incorporated (NASDAQ:HLNE) Shares Acquired by Silvercrest Asset Management Group LLC

Silvercrest Asset Management Group LLC increased its holdings in shares of Hamilton Lane Incorporated (NASDAQ:HLNE - Free Report) by 5.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 119,540 shares of the company's stock after acquiring an additional 5,801 shares during the quarter. Silvercrest Asset Management Group LLC owned about 0.22% of Hamilton Lane worth $17,698,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the company. CBIZ Investment Advisory Services LLC raised its holdings in Hamilton Lane by 27.0% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 287 shares of the company's stock worth $43,000 after purchasing an additional 61 shares during the last quarter. State of Alaska Department of Revenue boosted its holdings in Hamilton Lane by 1.4% during the 4th quarter. State of Alaska Department of Revenue now owns 4,765 shares of the company's stock worth $705,000 after acquiring an additional 65 shares during the last quarter. Arizona State Retirement System boosted its holdings in Hamilton Lane by 0.7% during the 4th quarter. Arizona State Retirement System now owns 11,166 shares of the company's stock worth $1,653,000 after acquiring an additional 80 shares during the last quarter. Lifestyle Asset Management Inc. boosted its holdings in shares of Hamilton Lane by 5.9% in the 4th 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 last quarter. Finally, HighTower Advisors LLC boosted its holdings in shares of Hamilton Lane by 6.0% in the 4th quarter. HighTower Advisors LLC now owns 1,824 shares of the company's stock worth $270,000 after buying an additional 103 shares during the last quarter. 97.40% of the stock is owned by institutional investors.

Hamilton Lane Stock Down 0.1%

Shares of HLNE stock traded down $0.22 during trading hours on Monday, reaching $172.52. 335,302 shares of the company's stock were exchanged, compared to its average volume of 436,564. Hamilton Lane Incorporated has a 1 year low of $114.85 and a 1 year high of $203.72. The stock has a market cap of $9.56 billion, a PE ratio of 31.83 and a beta of 1.31. The company has a current ratio of 4.19, a quick ratio of 4.19 and a debt-to-equity ratio of 0.34. The stock's fifty day moving average price is $149.86 and its two-hundred day moving average price is $159.54.

Hamilton Lane Dividend Announcement

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

Analysts Set New Price Targets

Several equities research analysts have commented on HLNE shares. JPMorgan Chase & Co. dropped their price objective on shares of Hamilton Lane from $176.00 to $167.00 and set a "neutral" rating on the stock in a report on Tuesday, April 29th. Morgan Stanley cut their target price on 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. Oppenheimer lowered Hamilton Lane from an "outperform" rating to a "market perform" rating in a research note on Thursday. Wells Fargo & Company cut their price target on shares of Hamilton Lane from $152.00 to $147.00 and set an "equal weight" rating on the stock in a report on Tuesday, April 8th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Hamilton Lane from $158.00 to $168.00 and gave the company a "market perform" rating in a report on Wednesday, February 5th. One equities research analyst has rated the stock with a sell rating and six have issued a hold rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $164.14.

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.