5,315 Shares in Hamilton Lane Incorporated (NASDAQ:HLNE) Acquired by Walleye Capital LLC

Walleye Capital LLC acquired a new stake in Hamilton Lane Incorporated (NASDAQ:HLNE - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 5,315 shares of the company's stock, valued at approximately $787,000.

Other large investors have also made changes to their positions in the company. CBIZ Investment Advisory Services LLC raised its position in Hamilton Lane by 27.0% during the fourth quarter. CBIZ Investment Advisory Services LLC now owns 287 shares of the company's stock worth $43,000 after acquiring an additional 61 shares during the period. Farther Finance Advisors LLC raised its position in shares of Hamilton Lane by 283.3% during the 4th quarter. Farther Finance Advisors LLC now owns 299 shares of the company's stock worth $44,000 after purchasing an additional 221 shares during the last quarter. R Squared Ltd purchased a new position in Hamilton Lane in the 4th quarter valued at about $213,000. Aigen Investment Management LP acquired a new stake in Hamilton Lane in the 4th quarter worth about $221,000. Finally, OLD National Bancorp IN purchased a new stake in Hamilton Lane during the 4th quarter worth approximately $222,000. 97.40% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts recently commented on HLNE shares. Oppenheimer raised Hamilton Lane from a "market perform" rating to an "outperform" rating and set a $186.00 price objective for the company in a research note on Tuesday, January 21st. Keefe, Bruyette & Woods increased their target price on shares of Hamilton Lane from $158.00 to $168.00 and gave the company a "market perform" rating in a research report on Wednesday, February 5th. Morgan Stanley decreased their target price on shares of Hamilton Lane from $190.00 to $157.00 and set an "equal weight" rating on the stock in a research note on Monday, April 14th. The Goldman Sachs Group cut Hamilton Lane from a "neutral" rating to a "sell" rating and set a $139.00 price target for the company. in a report on Monday, January 6th. Finally, Wells Fargo & Company dropped their target price on Hamilton Lane from $152.00 to $147.00 and set an "equal weight" rating for the company in a report on Tuesday, April 8th. One research analyst has rated the stock with a sell rating, five have given a hold rating and one has given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $165.29.

Hamilton Lane Trading Up 0.2 %

Shares of HLNE traded up $0.33 during trading on Friday, reaching $148.34. 367,167 shares of the company traded hands, compared to its average volume of 428,190. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.34. The stock has a market cap of $8.22 billion, a PE ratio of 27.37 and a beta of 1.32. The stock has a 50-day simple moving average of $145.61 and a 200-day simple moving average of $161.28. Hamilton Lane Incorporated has a twelve month low of $110.90 and a twelve month high of $203.72.

Hamilton Lane (NASDAQ:HLNE - Get Free Report) last posted its earnings results on Tuesday, February 4th. The company reported $1.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.13 by $0.12. The firm had revenue of $168.26 million for the quarter, compared to analyst estimates of $158.86 million. Hamilton Lane had a return on equity of 36.69% and a net margin of 31.12%. Hamilton Lane's revenue was up 34.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.71 EPS. On average, analysts anticipate that Hamilton Lane Incorporated will post 4.97 earnings per share for the current year.

Hamilton Lane Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, April 4th. Stockholders of record on Friday, March 14th were given a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.32%. The ex-dividend date of this dividend was Friday, March 14th. Hamilton Lane's dividend payout ratio is currently 36.16%.

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.