Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world. It offers a range of investment solutions across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity and venture capital. These solutions are constructed from a range of investment types, including primary investments in funds managed by third-party managers, direct/co-investments alongside such funds and acquisitions of secondary stakes in such funds, with a range of its clients utilizing multiple investment types. These solutions are offered in a range of formats covering some or all phases of private markets investment programs, such as Customized Separate Accounts and Specialized Funds.
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Investment Management
- Sub-Industry: N/A
- Symbol: NASDAQ:HLNE
- CUSIP: N/A
- Web: www.hamiltonlane.com
- Market Cap: $434.43 million
- Outstanding Shares: 19,265,000
- 50 Day Moving Avg: $22.32
- 200 Day Moving Avg: $20.39
- 52 Week Range: $17.32 - $24.00
Sales & Book Value:
- Trailing P/E Ratio: 68.33
- Foreward P/E Ratio: 17.76
- P/E Growth: 1.39
- Annual Revenue: $192.96 million
- Price / Sales: 2.25
- Book Value: $3.26 per share
- Price / Book: 6.92
- Annual Dividend: $0.70
- Dividend Yield: 3.1%
- Debt-to-Equity Ratio: 0.86%
- Current Ratio: 1.12%
- Quick Ratio: 1.12%
- Average Volume: 193,717 shs.
- Short Ratio: 2.76
Frequently Asked Questions for Hamilton Lane (NASDAQ:HLNE)
What is Hamilton Lane's stock symbol?
Hamilton Lane trades on the NASDAQ under the ticker symbol "HLNE."
How often does Hamilton Lane pay dividends? What is the dividend yield for Hamilton Lane?
Hamilton Lane declared a quarterly dividend on Tuesday, August 8th. Stockholders of record on Friday, September 15th will be paid a dividend of $0.175 per share on Monday, October 2nd. This represents a $0.70 dividend on an annualized basis and a dividend yield of 3.10%. The ex-dividend date is Thursday, September 14th. View Hamilton Lane's Dividend History.
How were Hamilton Lane's earnings last quarter?
Hamilton Lane Inc. (NASDAQ:HLNE) released its quarterly earnings data on Tuesday, August, 8th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.26 by $0.07. The company had revenue of $52.70 million for the quarter, compared to analysts' expectations of $50.69 million. The firm's quarterly revenue was up 33.2% compared to the same quarter last year. During the same period last year, the business posted $0.30 EPS. View Hamilton Lane's Earnings History.
Where is Hamilton Lane's stock going? Where will Hamilton Lane's stock price be in 2017?
5 brokers have issued 12 month price targets for Hamilton Lane's stock. Their forecasts range from $20.00 to $23.00. On average, they anticipate Hamilton Lane's stock price to reach $21.25 in the next year. View Analyst Ratings for Hamilton Lane.
Who are some of Hamilton Lane's key competitors?
Some companies that are related to Hamilton Lane include Virtus Investment Partners (VRTS), Polar Capital Holdings plc (POLR), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO), Charles Stanley Group plc (CAY), Pzena Investment Management (PZN), Impax Asset Management Group Plc (IPX), City of London Investment Group PLC (CLIG), Miton Group PLC (MGR), Fifth Street Asset Management (FSAM), Manning & Napier (MN), Medley Management (MDLY), Medley Management (MDLY), Zoltav Resources (ZOL), Plutus Powergen PLC (PPG), Calamos Asset Management (CLMS), Charlemagne Capital Limited (CCAP) and Premier Asset Management Group PLC (PAM).
Who are Hamilton Lane's key executives?
Hamilton Lane's management team includes the folowing people:
- Hartley R. Rogers, Chairman of the Board
- Mario L. Giannini, Chief Executive Officer, Director
- Erik R. Hirsch, Vice Chairman of the Board
- Randy M. Stilman, Chief Financial Officer, Treasurer
- Kevin J. Lucey, Chief Operating Officer
- Lydia A. Gavalis, General Counsel, Secretary
- Michael J. Donohue, Managing Director, Controller
- Juan Delgado-Moreira, Managing Director, Head - Asia Business
- David J. Berkman, Independent Director
- O. Griffith Sexton, Independent Director
When did Hamilton Lane IPO?
(HLNE) raised $131 million in an IPO on Wednesday, March 1st 2017. The company issued 11,900,000 shares at a price of $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.
When does the company's lock-up period expire?
Hamilton Lane's lock-up period expires on Monday, August 28th. Hamilton Lane had issued 11,875,000 shares in its IPO on March 1st. The total size of the offering was $190,000,000 based on an initial share price of $16.00. After the expiration of the company's lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.
Who owns Hamilton Lane stock?
Hamilton Lane's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TimesSquare Capital Management LLC (7.97%), TPG Group Holdings SBS Advisors Inc. (6.38%), Federated Investors Inc. PA (6.01%), Alliancebernstein L.P. (3.48%), Vanguard Group Inc. (1.80%) and Citadel Advisors LLC (1.36%). View Institutional Ownership Trends for Hamilton Lane.
Who sold Hamilton Lane stock? Who is selling Hamilton Lane stock?
Hamilton Lane's stock was sold by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Citadel Advisors LLC, Parametric Portfolio Associates LLC, Spark Investment Management LLC and Emerald Advisers Inc. PA. View Insider Buying and Selling for Hamilton Lane.
Who bought Hamilton Lane stock? Who is buying Hamilton Lane stock?
Hamilton Lane's stock was purchased by a variety of institutional investors in the last quarter, including Vanguard Group Inc., TimesSquare Capital Management LLC, State Street Corp, Northern Trust Corp, Grandeur Peak Global Advisors LLC, Goldman Sachs Group Inc., TPG Group Holdings SBS Advisors Inc. and Acadian Asset Management LLC. View Insider Buying and Selling for Hamilton Lane.
How do I buy Hamilton Lane stock?
Shares of Hamilton Lane can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hamilton Lane's stock price today?
MarketBeat Community Rating for Hamilton Lane (NASDAQ HLNE)MarketBeat's community ratings are surveys of what our community members think about Hamilton Lane and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Hamilton Lane stock can currently be purchased for approximately $22.55.
Consensus Ratings for Hamilton Lane (NASDAQ:HLNE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||3 Hold Ratings, 2 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.40)|
|Consensus Price Target: ||$21.25 (5.76% downside)|
Analysts' Ratings History for Hamilton Lane (NASDAQ:HLNE)
(Data available from 8/21/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|7/10/2017||Morgan Stanley||Reiterated Rating||Overweight||$24.00 -> $23.00||Medium|
|4/28/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$21.00||Low|
|3/27/2017||Wells Fargo & Company||Initiated Coverage||Market Perform -> Market Perform||Medium|
|3/27/2017||Goldman Sachs Group, Inc. (The)||Initiated Coverage||Neutral -> Neutral||$20.00||Medium|
|3/27/2017||J P Morgan Chase & Co||Initiated Coverage||Overweight -> Overweight||$21.00||Medium|
Earnings History for Hamilton Lane (NASDAQ:HLNE)Earnings History by Quarter for Hamilton Lane (NASDAQ HLNE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/8/2017||Q1 2018||$0.26||$0.33||$50.69 million||$52.70 million||View||Listen|
|6/12/2017||Q4 2017||$0.23||$0.25||$46.69 million||$46.70 million||View||N/A|
Earnings Estimates for Hamilton Lane (NASDAQ:HLNE)
Current Year EPS Consensus Estimate: $1.08 EPS
Next Year EPS Consensus Estimate: $1.27 EPS
Current Dividend Information for Hamilton Lane (NASDAQ:HLNE)
|Payout Ratio:||64.81% (Based on This Year's Estimates)|
55.12% (Based on Next Year's Estimates)
Dividend History by Quarter for Hamilton Lane (NASDAQ HLNE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Hamilton Lane (NASDAQ:HLNE)
Insider Ownership Percentage: 62.87%Insider Trades by Quarter for Hamilton Lane (NASDAQ:HLNE)
Institutional Ownership Percentage: 61.37%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|3/6/2017||Juan Delgado-Moreira||Insider||Buy||2,800||$16.00||$44,800.00|| |
Headline Trends for Hamilton Lane (NASDAQ:HLNE)
Latest Headlines for Hamilton Lane (NASDAQ:HLNE)
|Hamilton Lane Inc. (HLNE) Expected to Post Quarterly Sales of $49.27 Million|
www.americanbankingnews.com - August 21 at 8:08 AM
|Hamilton Lane Inc.'s (HLNE) Lock-Up Period Set To Expire on August 28th|
www.americanbankingnews.com - August 21 at 1:22 AM
|$0.25 Earnings Per Share Expected for Hamilton Lane Inc. (HLNE) This Quarter|
www.americanbankingnews.com - August 19 at 12:28 PM
|Hamilton Lane, Inc. – Value Analysis (NASDAQ:HLNE) : August 17, 2017|
finance.yahoo.com - August 17 at 12:31 AM
|HLNE Crosses Above Average Analyst Target|
www.thestreet.com - August 16 at 7:29 PM
|Hamilton Lane Lockup Expiration: A Solid Short Opportunity|
seekingalpha.com - August 15 at 12:49 AM
|Hamilton Lane Completes Acquisition of Real Asset Portfolio Management, LLC|
finance.yahoo.com - August 14 at 7:48 PM
|Head to Head Contrast: Manning & Napier (MN) & Hamilton Lane (NASDAQ:HLNE)|
www.americanbankingnews.com - August 13 at 12:10 AM
|Hamilton Lane's (HLNE) CEO Mario Giannini on Q1 2018 Results - Earnings Call Transcript|
www.msn.com - August 12 at 6:37 PM
|Hamilton Lane Inc. (HLNE) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - August 11 at 10:02 AM
|Hamilton Lane Inc. (HLNE) Stock Rating Upgraded by Zacks Investment Research|
www.americanbankingnews.com - August 10 at 10:10 PM
|Hamilton Lane Incorporated Reports First Quarter Fiscal 2018 Results|
finance.yahoo.com - August 8 at 7:11 PM
|Hamilton Lane beats 1Q profit forecasts|
finance.yahoo.com - August 8 at 7:11 PM
|Hamilton Lane Inc. (NASDAQ:HLNE) Plans Quarterly Dividend of $0.18|
www.americanbankingnews.com - August 8 at 5:24 PM
|Hamilton Lane Inc. (NASDAQ:HLNE) Posts Quarterly Earnings Results, Beats Expectations By $0.07 EPS|
www.americanbankingnews.com - August 8 at 1:52 PM
|Hamilton Lane (HLNE) versus Pzena Investment Management (PZN) Head-To-Head Comparison|
www.americanbankingnews.com - August 5 at 4:18 PM
|Hamilton Lane, Inc. breached its 50 day moving average in a Bearish Manner : HLNE-US : August 4, 2017|
finance.yahoo.com - August 4 at 7:45 PM
|$49.42 Million in Sales Expected for Hamilton Lane Inc. (NASDAQ:HLNE) This Quarter|
www.americanbankingnews.com - August 3 at 7:52 AM
|[$$] U.S. Fundraising Climbs Back to the Boom Era With $180.82 Billion Haul|
finance.yahoo.com - August 1 at 8:05 PM
|Critical Review: The Blackstone Group L.P. (BX) versus Hamilton Lane (NASDAQ:HLNE)|
www.americanbankingnews.com - August 1 at 6:32 PM
|Analyzing Hamilton Lane (HLNE) & WisdomTree Investments (WETF)|
www.americanbankingnews.com - August 1 at 2:08 PM
|Hamilton Lane Inc. (HLNE) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - August 1 at 8:53 AM
| Analysts Expect Hamilton Lane Inc. (HLNE) to Post $0.26 Earnings Per Share|
www.americanbankingnews.com - August 1 at 8:18 AM
|ETFs with exposure to Hamilton Lane, Inc. : July 31, 2017|
finance.yahoo.com - July 31 at 6:57 PM
|Hamilton Lane Incorporated Schedules Webcast and Investor Conference Call to Review Quarterly Results on August 8, 2017|
finance.yahoo.com - July 24 at 8:30 AM
|Main Line investment firm opens Australian office|
finance.yahoo.com - July 18 at 9:42 PM
|Hamilton Lane Expands Presence in Australia|
finance.yahoo.com - July 18 at 12:17 AM
|Hamilton Lane Inc. (NASDAQ:HLNE) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - July 17 at 11:59 AM
|Hamilton Lane Partners With Girls Who Invest to Build Pipeline of Women in Asset Management|
finance.yahoo.com - July 17 at 11:33 AM
|Hamilton Lane, Inc. :HLNE-US: Earnings Analysis: Q4, 2017 By the Numbers : July 14, 2017|
finance.yahoo.com - July 15 at 12:06 AM
|Hamilton Lane Inc. (NASDAQ:HLNE) Expected to Announce Quarterly Sales of $49.42 Million|
www.americanbankingnews.com - July 12 at 12:56 PM
|Morgan Stanley Reiterates Overweight Rating for Hamilton Lane Inc. (HLNE)|
www.americanbankingnews.com - July 10 at 9:57 AM
|Hamilton Lane Inc. (HLNE) Expected to Post Earnings of $0.27 Per Share|
www.americanbankingnews.com - July 10 at 9:30 AM
|Publicly-traded Main Line investment manager agrees to buy Oregon firm|
finance.yahoo.com - June 21 at 3:15 PM
|Hamilton Lane to Broaden Its Real Assets Platform through the Acquisition of Real Asset Portfolio Management, LLC|
finance.yahoo.com - June 20 at 6:32 PM
|Hamilton Lane Inc. (HLNE) Given Average Rating of "Buy" by Analysts|
www.americanbankingnews.com - June 20 at 11:12 AM
|Hamilton Lane Inc. (HLNE) Rating Reiterated by Morgan Stanley|
www.americanbankingnews.com - June 16 at 7:38 PM
|Hamilton Lane Inc. (HLNE) Expected to Post Quarterly Sales of $49.57 Million|
www.americanbankingnews.com - June 15 at 8:54 AM
| Analysts Set $21.50 Price Target for Hamilton Lane Inc. (HLNE)|
www.americanbankingnews.com - June 14 at 4:48 PM
|Hamilton Lane Closes Latest Strategic Opportunities Fund Above Target|
finance.yahoo.com - June 14 at 11:47 AM
|Hamilton Lane Inc. (HLNE) Announces Quarterly Dividend of $0.18|
www.americanbankingnews.com - June 13 at 9:56 AM
|Hamilton Lane Incorporated Reports Fourth Quarter and Full Year Fiscal 2017 Results|
finance.yahoo.com - June 12 at 3:29 PM
|Hamilton Lane posts 4Q profit|
finance.yahoo.com - June 12 at 3:29 PM
|Cultivation Capital FinTech and Hamilton Lane lead a $4.5M Growth Equity Investment in DealCloud|
finance.yahoo.com - June 12 at 3:29 PM
|Hamilton Lane Inc. (HLNE) Announces Earnings Results|
www.americanbankingnews.com - June 12 at 9:29 AM
|Ipreo and Hamilton Lane Announce the Formation of Private Market Connect|
finance.yahoo.com - June 8 at 6:40 PM
|[$$] Hamilton Lane Hits $1.9 Billion Mark for Fourth Secondaries Fund|
finance.yahoo.com - June 7 at 5:14 PM
|Hamilton Lane Secondary Fund IV Closes Above Target|
finance.yahoo.com - June 7 at 10:32 AM
|DealCloud raises $4.5M in growth capital|
finance.yahoo.com - June 5 at 5:44 PM
|Hamilton Lane Announces Addition of Two New Independent Directors to Board|
finance.yahoo.com - May 30 at 10:46 AM
Hamilton Lane (HLNE) Chart for Monday, August, 21, 2017