NASDAQ:HLNE - Hamilton Lane Stock Price, Forecast & News

Hamilton Lane trades on the NASDAQ under the ticker symbol "HLNE."

Hamilton Lane announced a quarterly dividend on Tuesday, November 5th. Shareholders of record on Monday, December 16th will be given a dividend of $0.275 per share on Tuesday, January 7th. This represents a $1.10 annualized dividend and a yield of 1.89%. The ex-dividend date of this dividend is Friday, December 13th. View Hamilton Lane's Dividend History.

Hamilton Lane Inc (NASDAQ:HLNE) issued its quarterly earnings data on Tuesday, November, 5th. The company reported $0.50 EPS for the quarter, missing analysts' consensus estimates of $0.51 by $0.01. The firm had revenue of $64.29 million for the quarter, compared to the consensus estimate of $70.71 million. Hamilton Lane had a return on equity of 56.89% and a net margin of 15.34%. The firm's quarterly revenue was up 15.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.55 earnings per share. View Hamilton Lane's Earnings History.

Hamilton Lane is scheduled to release their next quarterly earnings announcement on Tuesday, February 4th 2020. View Earnings Estimates for Hamilton Lane.

6 brokers have issued 1 year price targets for Hamilton Lane's shares. Their forecasts range from $53.00 to $60.00. On average, they anticipate Hamilton Lane's share price to reach $57.67 in the next year. This suggests that the stock has a possible downside of 0.7%. View Analyst Price Targets for Hamilton Lane.

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Hamilton Lane in the last year. There are currently 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hamilton Lane.

Headlines about HLNE stock have trended negative this week, according to InfoTrie. InfoTrie identifies positive and negative press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Hamilton Lane earned a coverage optimism score of -2.0 on InfoTrie's scale. They also assigned media coverage about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Hamilton Lane.

Hamilton Lane saw a decrease in short interest in November. As of November 15th, there was short interest totalling 943,900 shares, a decrease of 8.4% from the October 31st total of 1,030,000 shares. Based on an average daily trading volume, of 178,600 shares, the days-to-cover ratio is presently 5.3 days. Approximately 3.9% of the company's shares are sold short. View Hamilton Lane's Current Options Chain.

Some companies that are related to Hamilton Lane include Apollo Global Management (APO), Oaktree Capital Group LLC Unit (OAK), Invesco (IVZ), Morningstar (MORN), Eaton Vance (EV), Janus Henderson Group (JHG), Lazard (LAZ), Affiliated Managers Group (AMG), Ares Management (ARES), The Carlyle Group (CG), Legg Mason (LM), Federated Investors (FII), Houlihan Lokey (HLI), Cohen & Steers (CNS) and Evercore (EVR).

Based on aggregate information from My MarketBeat watchlists, some companies that other Hamilton Lane investors own include Intelsat (I), Bank of America (BAC), Fossil Group (FOSL), AMC Entertainment (AMC), Associated British Foods (ABF), Chaarat Gold (CGH), First Data (FDC), China Unicom (Hong Kong) (CHU), Ciena (CIEN) and tronc (TRNC).

(HLNE) raised $131 million in an initial public offering (IPO) on Wednesday, March 1st 2017. The company issued 11,900,000 shares at $5.00-$17.00 per share. J.P. Morgan and Morgan Stanle acted as the underwriters for the IPO and Goldman Sachs, Keefe, Bruyette & Woods (A Stifel Company) Wells Fargo Securities and Freeman were co-managers.

Hamilton Lane's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include TPG Group Holdings SBS Advisors Inc. (3.51%), TimesSquare Capital Management LLC (2.19%), Massachusetts Financial Services Co. MA (0.90%), State Street Corp (0.83%), Columbus Circle Investors (0.61%) and Kornitzer Capital Management Inc. KS (0.46%). Company insiders that own Hamilton Lane stock include Hartley R Rogers, Juan Delgado-Moreira, Leslie F Varon, Michael John Kelly, Oakville Number 2 Trust and Tara Devlin. View Institutional Ownership Trends for Hamilton Lane.

HLNE stock was sold by a variety of institutional investors in the last quarter, including TimesSquare Capital Management LLC, Kornitzer Capital Management Inc. KS, Massachusetts Financial Services Co. MA, Hancock Whitney Corp and Strs Ohio. Company insiders that have sold Hamilton Lane company stock in the last year include Hartley R Rogers, Michael John Kelly and Tara Devlin. View Insider Buying and Selling for Hamilton Lane.

HLNE stock was acquired by a variety of institutional investors in the last quarter, including TPG Group Holdings SBS Advisors Inc., Columbus Circle Investors, California Public Employees Retirement System, State Street Corp, Millennium Management LLC, First Trust Advisors LP, Squarepoint Ops LLC and Voloridge Investment Management LLC. View Insider Buying and Selling for Hamilton Lane.

Shares of HLNE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HLNE stock can currently be purchased for approximately $58.09.

Hamilton Lane has a market capitalization of $3.01 billion and generates $252.18 million in revenue each year. The company earns $33.57 million in net income (profit) each year or $1.91 on an earnings per share basis. Hamilton Lane employs 360 workers across the globe.View Additional Information About Hamilton Lane.

The official website for Hamilton Lane is http://www.hamiltonlane.com/.

Hamilton Lane's mailing address is One Presidential Blvd. 4th Floor, Bala Cynwyd PA, 19004. The company can be reached via phone at 610-934-2222 or via email at [email protected]