Tudor Investment Corp ET AL Buys 11,995 Shares of Houlihan Lokey, Inc. (NYSE:HLI)

Tudor Investment Corp ET AL boosted its stake in shares of Houlihan Lokey, Inc. (NYSE:HLI - Free Report) by 100.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 23,970 shares of the financial services provider's stock after acquiring an additional 11,995 shares during the quarter. Tudor Investment Corp ET AL's holdings in Houlihan Lokey were worth $4,163,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Private Trust Co. NA purchased a new position in Houlihan Lokey in the fourth quarter worth approximately $29,000. Financial Life Planners acquired a new position in Houlihan Lokey in the fourth quarter worth $33,000. Golden State Wealth Management LLC acquired a new position in shares of Houlihan Lokey during the fourth quarter valued at $53,000. VisionPoint Advisory Group LLC acquired a new stake in Houlihan Lokey during the 4th quarter worth about $62,000. Finally, Mather Group LLC. lifted its stake in Houlihan Lokey by 24.8% in the fourth quarter. Mather Group LLC. now owns 584 shares of the financial services provider's stock valued at $101,000 after acquiring an additional 116 shares during the last quarter. 78.07% of the stock is owned by institutional investors and hedge funds.

Houlihan Lokey Price Performance

NYSE HLI traded down $1.02 during trading hours on Tuesday, hitting $163.26. The company had a trading volume of 284,548 shares, compared to its average volume of 350,615. The firm's 50 day moving average is $158.50 and its 200 day moving average is $171.49. The company has a market capitalization of $11.45 billion, a price-to-earnings ratio of 31.14 and a beta of 0.82. Houlihan Lokey, Inc. has a fifty-two week low of $127.14 and a fifty-two week high of $192.10.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the company. JPMorgan Chase & Co. dropped their price objective on Houlihan Lokey from $172.00 to $169.00 and set a "neutral" rating for the company in a research note on Wednesday, January 29th. UBS Group increased their price objective on shares of Houlihan Lokey from $229.00 to $230.00 and gave the stock a "buy" rating in a research note on Wednesday, January 29th. Wells Fargo & Company decreased their target price on Houlihan Lokey from $179.00 to $170.00 and set an "overweight" rating on the stock in a report on Tuesday, April 8th. JMP Securities reissued a "market perform" rating on shares of Houlihan Lokey in a report on Wednesday, January 29th. Finally, Morgan Stanley dropped their price objective on shares of Houlihan Lokey from $190.00 to $156.00 and set an "overweight" rating on the stock in a research note on Monday, April 7th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $183.40.

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.