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 Wednesday, February 5th. Shareholders of record on Monday, March 16th will be given a dividend of $0.275 per share on Monday, April 6th. This represents a $1.10 annualized dividend and a yield of 1.54%. The ex-dividend date of this dividend is Friday, March 13th. View Hamilton Lane's Dividend History.

Hamilton Lane Inc (NASDAQ:HLNE) announced its earnings results on Tuesday, February, 4th. The company reported $0.47 earnings per share for the quarter, hitting the consensus estimate of $0.47. The company earned $68.14 million during the quarter, compared to analyst estimates of $73.30 million. Hamilton Lane had a return on equity of 49.43% and a net margin of 18.26%. During the same quarter in the prior year, the firm posted $0.62 earnings per share. View Hamilton Lane's Earnings History.

Hamilton Lane is scheduled to release their next quarterly earnings announcement on Wednesday, June 3rd 2020. View Earnings Estimates for Hamilton Lane.

7 brokerages have issued 12 month target prices for Hamilton Lane's stock. Their forecasts range from $53.00 to $76.00. On average, they anticipate Hamilton Lane's share price to reach $65.67 in the next year. This suggests that the stock has a possible downside of 8.0%. View Analyst Price Targets for Hamilton Lane.

7 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 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Hamilton Lane.

Media headlines about HLNE stock have been trending negative on Friday, InfoTrie reports. InfoTrie scores the sentiment of news coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Hamilton Lane earned a news sentiment score of -2.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the near future. View News Stories for Hamilton Lane.

Hamilton Lane saw a decrease in short interest during the month of January. As of January 31st, there was short interest totalling 793,200 shares, a decrease of 9.7% from the January 15th total of 878,400 shares. Based on an average daily volume of 118,000 shares, the short-interest ratio is currently 6.7 days. Approximately 3.3% of the company's shares are short sold. View Hamilton Lane's Current Options Chain.

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

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), Apollo Global Management (APO), China Unicom (Hong Kong) (CHU), Ciena (CIEN), Associated British Foods (ABF), Chaarat Gold (CGH) and Comcast (CMCSA).

(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 served 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 retail and institutional investors. Top institutional shareholders include FMR LLC (2.27%), Alliancebernstein L.P. (2.00%), Renaissance Technologies LLC (1.64%), Fred Alger Management LLC (1.56%), Massachusetts Financial Services Co. MA (0.96%) and Thrivent Financial for Lutherans (0.87%). 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 Goldman Sachs Group Inc., Columbus Circle Investors, Lord Abbett & CO. LLC, Kornitzer Capital Management Inc. KS, Spark Investment Management LLC, Renaissance Technologies LLC, Driehaus Capital Management LLC and Bank of New York Mellon Corp. 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 bought by a variety of institutional investors in the last quarter, including Fred Alger Management LLC, Alliancebernstein L.P., Loomis Sayles & Co. L P, Thrivent Financial for Lutherans, Massachusetts Financial Services Co. MA, Bullseye Asset Management LLC, UBS Group AG and State Street Corp. 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 $71.40.

Hamilton Lane has a market capitalization of $3.70 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]