About Hamilton Lane (NASDAQ:HLNE)
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:
- Industry: Investment Management
- Sub-Industry: N/A
- Sector: Finance
- Symbol: NASDAQ:HLNE
- CUSIP: N/A
- Web: www.hamiltonlane.com
- Debt-to-Equity Ratio: 0.82%
- Current Ratio: 1.08%
- Quick Ratio: 1.08%
Sales & Book Value:
- Forward P/E Ratio: 29.03
- P/E Growth: 1.9
- Annual Sales: $179.82 million
- Price / Sales: 8.69
- Cash Flow: $1.09 per share
- Price / Cash: 30.29
- Book Value: $2.19 per share
- Price / Book: 15.11
- Annual Dividend: $0.70
- Dividend Yield: 2.2%
- Employees: 290
- Outstanding Shares: 47,220,000
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 announced a quarterly dividend on Tuesday, November 7th. Shareholders of record on Friday, December 15th will be given a dividend of $0.175 per share on Friday, January 5th. This represents a $0.70 annualized dividend and a dividend yield of 2.12%. The ex-dividend date is Thursday, December 14th. View Hamilton Lane's Dividend History.
How were Hamilton Lane's earnings last quarter?
Hamilton Lane Inc. (NASDAQ:HLNE) posted its quarterly earnings data on Tuesday, November, 7th. The company reported $0.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.01. The company had revenue of $51.20 million for the quarter, compared to analysts' expectations of $48.64 million. The company's quarterly revenue was up 5.1% on a year-over-year basis. View Hamilton Lane's Earnings History.
Where is Hamilton Lane's stock going? Where will Hamilton Lane's stock price be in 2017?
5 brokerages have issued 12-month price targets for Hamilton Lane's shares. Their predictions range from $20.00 to $29.00. On average, they expect Hamilton Lane's share price to reach $23.50 in the next twelve months. View Analyst Ratings for Hamilton Lane.
Who are some of Hamilton Lane's key competitors?
Some companies that are related to Hamilton Lane include Artisan Partners Asset Management (APAM), Jupiter Fund Management Plc (JUP), Ashmore Group plc (ASHM), AllianceBernstein Holding L.P. (AB), Cohen & Steers (CNS), OM Asset Management plc (OMAM), Financial Engines (FNGN), WisdomTree Investments (WETF), Rathbone Brothers plc (RAT), Brewin Dolphin Holdings plc (BRW), Virtus Investment Partners (VRTS), Pzena Investment Management (PZN), Polar Capital Holdings plc (POLR), Impax Asset Management Group Plc (IPX), Mortgage Advice Bureau (Holdings) PLC (MAB1), Liontrust Asset Management PLC (LIO), Premier Asset Management Group PLC (PAM) and Charles Stanley Group plc (CAY).
Who are Hamilton Lane's key executives?
Hamilton Lane's management team includes the folowing people:
- Hartley R. Rogers, Chairman of the Board (Age 57)
- Mario L. Giannini, Chief Executive Officer, Director (Age 64)
- Erik R. Hirsch, Vice Chairman of the Board (Age 44)
- Randy M. Stilman, Chief Financial Officer, Treasurer (Age 55)
- Kevin J. Lucey, Chief Operating Officer (Age 50)
- Lydia A. Gavalis, General Counsel, Secretary (Age 53)
- Michael J. Donohue, Managing Director, Controller (Age 41)
- Juan Delgado-Moreira, Managing Director, Head - Asia Business (Age 46)
- David J. Berkman, Independent Director (Age 55)
- O. Griffith Sexton, Independent Director (Age 73)
When did Hamilton Lane IPO?
(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.
Who owns Hamilton Lane stock?
Hamilton Lane's stock is owned by a variety of of institutional and retail investors. Top institutional investors include TimesSquare Capital Management LLC (2.75%), Wasatch Advisors Inc. (2.14%), Grandeur Peak Global Advisors LLC (0.52%), Kornitzer Capital Management Inc. KS (1.23%), New York State Common Retirement Fund (0.38%) and Royce & Associates LP (0.35%). 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 TimesSquare Capital Management LLC, Russell Investments Group Ltd., Kornitzer Capital Management Inc. KS, Wells Fargo & Company MN and California State Teachers Retirement System. View Insider Buying and Selling for Hamilton Lane.
Who bought Hamilton Lane stock? Who is buying Hamilton Lane stock?
Hamilton Lane's stock was bought by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., New York State Common Retirement Fund, Grandeur Peak Global Advisors LLC, American Century Companies Inc., Public Employees Retirement System of Ohio, First Trust Advisors LP, Ameriprise Financial Inc. and Bank of New York Mellon Corp. 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 with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Hamilton Lane's stock price today?
One share of Hamilton Lane stock can currently be purchased for approximately $33.09.
How big of a company is Hamilton Lane?
Hamilton Lane has a market capitalization of $1.53 billion and generates $179.82 million in revenue each year. Hamilton Lane employs 290 workers across the globe.
How can I contact Hamilton Lane?
Hamilton Lane's mailing address is One Presidential Blvd. 4thFloor, Bala Cynwyd PA, 19004. The company can be reached via phone at 610-934-2222 or via email at [email protected]
MarketBeat Community Rating for Hamilton Lane (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.
Analysts' Consensus Rating for Hamilton Lane (NASDAQ:HLNE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks 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). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst 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: ||0 Sell Ratings, 4 Hold Ratings, 1 Buy Rating, 0 Strong Buy Ratings|
|Consensus Rating:||Hold (Score: 2.20)|
|Consensus Price Target: ||$23.50 (28.98% downside)|
Consensus Price Target History for Hamilton Lane (NASDAQ:HLNE)
Analysts' Ratings History for Hamilton Lane (NASDAQ:HLNE)
(Data available from 11/22/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|11/8/2017||Morgan Stanley||Boost Price Target||Equal Weight||$28.00 -> $29.00||N/A|
|9/28/2017||Keefe, Bruyette & Woods||Reiterated Rating||Hold||$24.00||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 and Estimates Chart 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|
|11/7/2017||Q2 2018||$0.26||$0.27||$48.64 million||$51.20 million||View||N/A|
|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: $1.14 EPS
Next Year EPS Consensus Estimate: $1.36 EPS
Current Dividend Information for Hamilton Lane (NASDAQ:HLNE)
|Payout Ratio:||61.40% (Based on This Year's Estimates)|
51.47% (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%
Institutional Ownership Percentage: 29.93%
Insider Trades by Quarter for Hamilton Lane (NASDAQ HLNE)
(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|| |
Latest Headlines for Hamilton Lane (NASDAQ HLNE)
| Analysts Anticipate Hamilton Lane Inc. (HLNE) to Announce $0.27 EPS|
www.americanbankingnews.com - November 22 at 9:40 AM
|Contrasting Hamilton Lane (HLNE) and Its Rivals|
www.americanbankingnews.com - November 21 at 7:33 PM
|Hamilton Lane Inc. (HLNE) Receives Consensus Recommendation of "Hold" from Analysts|
www.americanbankingnews.com - November 19 at 2:02 AM
|Analyzing Hamilton Lane (HLNE) and Its Peers|
www.americanbankingnews.com - November 18 at 3:32 PM
|Five Hot Stocks to Buy on Monday|
finance.yahoo.com - November 17 at 2:51 PM
|Hamilton Lane's (HLNE) CEO Mario Giannini on Q2 2018 Results - Earnings Call Transcript|
www.msn.com - November 14 at 12:33 AM
|Hamilton Lane Inc. (HLNE) Declares Quarterly Dividend of $0.18|
www.americanbankingnews.com - November 8 at 11:04 AM
|Hamilton Lane Incorporated Reports Second Quarter Fiscal 2018 Results|
finance.yahoo.com - November 8 at 9:43 AM
|Hamilton Lane beats 2Q profit forecasts|
finance.yahoo.com - November 8 at 9:43 AM
|Hamilton Lane Inc. (HLNE) Releases Quarterly Earnings Results, Beats Estimates By $0.01 EPS|
www.americanbankingnews.com - November 7 at 2:22 PM
|Hamilton Lane (HLNE) & Its Rivals Critical Review|
www.americanbankingnews.com - November 4 at 5:12 AM
|$49.27 Million in Sales Expected for Hamilton Lane Inc (HLNE) This Quarter|
www.americanbankingnews.com - November 4 at 3:58 AM
|Hamilton Lane Inc. (HLNE) Scheduled to Post Quarterly Earnings on Tuesday|
www.americanbankingnews.com - October 31 at 1:56 PM
|Financial Survey: Medley Management (MDLY) and Hamilton Lane (HLNE)|
www.americanbankingnews.com - October 30 at 11:40 AM
|Hamilton Lane Incorporated Schedules Webcast and Investor Conference Call to Review Quarterly Results on November 7, 2017|
finance.yahoo.com - October 25 at 3:47 AM
|Hamilton Lane Inc. (HLNE) Receives Consensus Recommendation of "Hold" from Brokerages|
www.americanbankingnews.com - October 25 at 2:48 AM
|KKR & Co. L.P. (KKR) and Hamilton Lane (HLNE) Critical Survey|
www.americanbankingnews.com - October 20 at 2:10 PM
|Head to Head Review: Cohen & Steers (CNS) vs. Hamilton Lane (HLNE)|
www.americanbankingnews.com - October 18 at 10:22 PM
|Medley Management (MDLY) vs. Hamilton Lane (HLNE) Head-To-Head Contrast|
www.americanbankingnews.com - October 18 at 6:36 AM
|ETFs with exposure to Hamilton Lane, Inc. : October 12, 2017|
finance.yahoo.com - October 12 at 10:16 PM
|Cohen & Steers (CNS) and Hamilton Lane (HLNE) Critical Survey|
www.americanbankingnews.com - October 11 at 2:10 AM
|AllianceBernstein Holding L.P. (AB) versus Hamilton Lane (HLNE) Head-To-Head Comparison|
www.americanbankingnews.com - October 10 at 6:28 AM
|Hamilton Lane Inc. (HLNE) Stock Rating Lowered by Morgan Stanley|
www.americanbankingnews.com - October 5 at 8:56 PM
|Hamilton Lane Inc. (HLNE) Given Consensus Rating of "Hold" by Brokerages|
www.americanbankingnews.com - September 30 at 2:46 AM
|Keefe, Bruyette & Woods Reiterates Hold Rating for Hamilton Lane Inc. (HLNE)|
www.americanbankingnews.com - September 28 at 11:58 AM
|Hamilton Lane Inc. (HLNE) Expected to Announce Quarterly Sales of $49.27 Million|
www.americanbankingnews.com - September 27 at 3:36 AM
|$0.25 EPS Expected for Hamilton Lane Inc. (HLNE) This Quarter|
www.americanbankingnews.com - September 25 at 6:26 PM
|Private Capital Markets Platform Cobalt Now Integrated with Ipreo's iLEVEL|
finance.yahoo.com - September 20 at 8:07 PM
|5 Money Management Stocks to Improve Your Finances|
finance.yahoo.com - September 8 at 8:04 PM
|Hamilton Lane Partners with Philadelphia’s Cristo Rey High School|
finance.yahoo.com - September 7 at 7:45 PM
| Analysts Anticipate Hamilton Lane Inc. (HLNE) Will Announce Earnings of $0.25 Per Share|
www.americanbankingnews.com - September 7 at 2:26 AM
|Reviewing Hamilton Lane (HLNE) & OM Asset Management PLC (OMAM)|
www.americanbankingnews.com - September 7 at 12:06 AM
|Hamilton Lane Inc. (HLNE) Given Average Rating of "Hold" by Analysts|
www.americanbankingnews.com - September 5 at 3:00 AM
|Hamilton Lane (HLNE) & Manning & Napier (MN) Head-To-Head Review|
www.americanbankingnews.com - September 1 at 9:03 AM
|ETFs with exposure to Hamilton Lane, Inc. : August 31, 2017|
finance.yahoo.com - August 31 at 7:27 PM
|[$$] On the Menu: Philadelphia|
finance.yahoo.com - August 29 at 8:03 PM
|Hamilton Lane, Inc. :HLNE-US: Earnings Analysis: Q1, 2018 By the Numbers : August 28, 2017|
finance.yahoo.com - August 28 at 7:07 PM
|WisdomTree Investments (WETF) & Hamilton Lane (HLNE) Financial Analysis|
www.americanbankingnews.com - August 27 at 10:24 PM
|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 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
Financials are not available for this stock.
Hamilton Lane (NASDAQ HLNE) Chart for Wednesday, November, 22, 2017