Hamilton Lane Incorporated (NASDAQ:HLNE) Shares Acquired by XTX Topco Ltd

XTX Topco Ltd lifted its holdings in shares of Hamilton Lane Incorporated (NASDAQ:HLNE - Free Report) by 107.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 4,419 shares of the company's stock after purchasing an additional 2,291 shares during the period. XTX Topco Ltd's holdings in Hamilton Lane were worth $654,000 as of its most recent filing with the SEC.

Several other institutional investors have also added to or reduced their stakes in HLNE. CBIZ Investment Advisory Services LLC increased its stake in Hamilton Lane by 27.0% during the 4th quarter. CBIZ Investment Advisory Services LLC now owns 287 shares of the company's stock valued at $43,000 after purchasing an additional 61 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Hamilton Lane by 283.3% in the 4th quarter. Farther Finance Advisors LLC now owns 299 shares of the company's stock worth $44,000 after purchasing an additional 221 shares during the period. R Squared Ltd bought a new position in Hamilton Lane in the 4th quarter worth $213,000. Aigen Investment Management LP bought a new stake in Hamilton Lane during the fourth quarter valued at about $221,000. Finally, OLD National Bancorp IN bought a new stake in Hamilton Lane during the fourth quarter valued at about $222,000. Hedge funds and other institutional investors own 97.40% of the company's stock.

Analysts Set New Price Targets

HLNE has been the subject of a number of research analyst reports. The Goldman Sachs Group lowered Hamilton Lane from a "neutral" rating to a "sell" rating and set a $139.00 price objective for the company. in a research report on Monday, January 6th. Keefe, Bruyette & Woods raised their price objective on shares of Hamilton Lane from $158.00 to $168.00 and gave the stock a "market perform" rating in a research note on Wednesday, February 5th. Morgan Stanley dropped their price target on Hamilton Lane from $190.00 to $157.00 and set an "equal weight" rating on the stock in a research report on Monday, April 14th. Wells Fargo & Company dropped their price target on Hamilton Lane from $152.00 to $147.00 and set an "equal weight" rating on the stock in a research report on Tuesday, April 8th. Finally, Oppenheimer raised Hamilton Lane from a "market perform" rating to an "outperform" rating and set a $186.00 price objective on the stock in a research report on Tuesday, January 21st. One analyst has rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $165.29.

Hamilton Lane Trading Up 3.8 %

Shares of HLNE traded up $5.42 during trading on Thursday, reaching $149.52. 103,899 shares of the company traded hands, compared to its average volume of 423,979. Hamilton Lane Incorporated has a twelve month low of $109.96 and a twelve month high of $203.72. The stock has a market cap of $8.29 billion, a PE ratio of 27.49 and a beta of 1.32. The stock has a 50-day simple moving average of $146.00 and a 200-day simple moving average of $161.79. The company has a quick ratio of 4.19, a current ratio of 4.19 and a debt-to-equity ratio of 0.34.

Hamilton Lane (NASDAQ:HLNE - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The company reported $1.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.13 by $0.12. The company had revenue of $168.26 million during the quarter, compared to the consensus estimate of $158.86 million. Hamilton Lane had a net margin of 31.12% and a return on equity of 36.69%. The firm's quarterly revenue was up 34.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.71 earnings per share. On average, analysts anticipate that Hamilton Lane Incorporated will post 4.97 earnings per share for the current year.

Hamilton Lane Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, April 4th. Investors of record on Friday, March 14th were issued a dividend of $0.49 per share. This represents a $1.96 dividend on an annualized basis and a dividend yield of 1.31%. The ex-dividend date of this dividend was Friday, March 14th. Hamilton Lane's dividend payout ratio is currently 36.16%.

Hamilton Lane Profile

Hamilton Lane Incorporated is a private equity firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. It prefers to invest in energy, industrials, consumer discretionary, health care, real estate, information technology, utilities, and consumer services.