Houlihan Lokey, Inc. (NYSE:HLI) Shares Sold by GHP Investment Advisors Inc.

GHP Investment Advisors Inc. cut its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI - Free Report) by 3.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 123,843 shares of the financial services provider's stock after selling 4,547 shares during the quarter. Houlihan Lokey comprises approximately 1.0% of GHP Investment Advisors Inc.'s portfolio, making the stock its 16th biggest holding. GHP Investment Advisors Inc. owned approximately 0.18% of Houlihan Lokey worth $21,507,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Barclays PLC raised its holdings in Houlihan Lokey by 21.4% in the third quarter. Barclays PLC now owns 36,821 shares of the financial services provider's stock valued at $5,818,000 after buying an additional 6,483 shares during the period. Natixis Advisors LLC raised its stake in shares of Houlihan Lokey by 2.5% in the 3rd quarter. Natixis Advisors LLC now owns 399,388 shares of the financial services provider's stock valued at $63,111,000 after acquiring an additional 9,768 shares during the period. State Street Corp lifted its holdings in shares of Houlihan Lokey by 1.3% during the 3rd quarter. State Street Corp now owns 1,615,467 shares of the financial services provider's stock valued at $255,276,000 after acquiring an additional 21,106 shares in the last quarter. Gunderson Capital Management Inc. purchased a new stake in Houlihan Lokey during the 4th quarter worth $5,133,000. Finally, Assetmark Inc. increased its holdings in Houlihan Lokey by 2,482.4% in the 3rd quarter. Assetmark Inc. now owns 9,813 shares of the financial services provider's stock valued at $1,551,000 after purchasing an additional 9,433 shares in the last quarter. 78.07% of the stock is owned by institutional investors and hedge funds.

Houlihan Lokey Trading Down 2.4 %

HLI stock traded down $4.49 during mid-day trading on Monday, hitting $180.38. 372,283 shares of the company were exchanged, compared to its average volume of 407,799. The firm has a fifty day simple moving average of $178.22 and a 200 day simple moving average of $168.67. The company has a market capitalization of $12.54 billion, a PE ratio of 34.42 and a beta of 0.69. Houlihan Lokey, Inc. has a twelve month low of $121.81 and a twelve month high of $192.10.

Houlihan Lokey (NYSE:HLI - Get Free Report) last released its earnings results on Tuesday, January 28th. The financial services provider reported $1.64 EPS for the quarter, topping analysts' consensus estimates of $1.51 by $0.13. Houlihan Lokey had a return on equity of 20.04% and a net margin of 16.00%. As a group, sell-side analysts anticipate that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current year.

Houlihan Lokey Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Monday, March 3rd will be given a $0.57 dividend. The ex-dividend date of this dividend is Monday, March 3rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.26%. Houlihan Lokey's payout ratio is currently 43.51%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on HLI. Keefe, Bruyette & Woods restated a "market perform" rating and set a $192.00 price objective (up previously from $170.00) on shares of Houlihan Lokey in a research note on Wednesday, January 29th. JPMorgan Chase & Co. decreased their price target on Houlihan Lokey from $172.00 to $169.00 and set a "neutral" rating for the company in a report on Wednesday, January 29th. UBS Group lifted their price objective on shares of Houlihan Lokey from $229.00 to $230.00 and gave the company a "buy" rating in a research note on Wednesday, January 29th. StockNews.com downgraded shares of Houlihan Lokey from a "buy" rating to a "hold" rating in a research note on Wednesday, February 5th. Finally, Wells Fargo & Company lifted their price target on shares of Houlihan Lokey from $178.00 to $180.00 and gave the stock an "underweight" rating in a research note on Wednesday, January 29th. Two analysts have rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat.com, Houlihan Lokey has an average rating of "Hold" and an average price target of $194.40.

Houlihan Lokey Profile

Houlihan Lokey, Inc, an investment banking company, provides merger and acquisition (M&A), capital market, financial restructuring, and financial and valuation advisory services worldwide. It operates in three segments: Corporate Finance, Financial Restructuring, and Financial and Valuation Advisory.