Rheos Capital Works Inc. Has $12.75 Million Holdings in Houlihan Lokey, Inc. (NYSE:HLI)

Rheos Capital Works Inc. raised its holdings in shares of Houlihan Lokey, Inc. (NYSE:HLI - Free Report) by 15.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 73,400 shares of the financial services provider's stock after acquiring an additional 10,000 shares during the period. Rheos Capital Works Inc. owned approximately 0.11% of Houlihan Lokey worth $12,747,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners bought a new stake in shares of Houlihan Lokey during the fourth quarter valued at about $33,000. Wolff Wiese Magana LLC bought a new stake in shares of Houlihan Lokey during the 3rd quarter worth about $38,000. First Horizon Advisors Inc. raised its position in shares of Houlihan Lokey by 81.5% during the 3rd quarter. First Horizon Advisors Inc. now owns 441 shares of the financial services provider's stock worth $70,000 after buying an additional 198 shares in the last quarter. Quarry LP bought a new position in shares of Houlihan Lokey in the third quarter valued at approximately $76,000. Finally, Quest Partners LLC acquired a new position in shares of Houlihan Lokey during the third quarter valued at approximately $92,000. Institutional investors and hedge funds own 78.07% of the company's stock.

Analysts Set New Price Targets

HLI has been the subject of a number of research analyst reports. Wells Fargo & Company upped their target price on Houlihan Lokey from $178.00 to $180.00 and gave the stock an "underweight" rating in a research report on Wednesday, January 29th. Morgan Stanley raised their target price on Houlihan Lokey from $200.00 to $201.00 and gave the company an "underweight" rating in a research note on Wednesday, January 29th. Keefe, Bruyette & Woods reaffirmed a "market perform" rating and set a $192.00 target price (up from $170.00) on shares of Houlihan Lokey in a report on Wednesday, January 29th. JMP Securities reissued a "market perform" rating on shares of Houlihan Lokey in a report on Wednesday, January 29th. Finally, StockNews.com raised shares of Houlihan Lokey from a "hold" rating to a "buy" rating in a research note on Tuesday, January 28th. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have issued a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $194.40.

Houlihan Lokey Stock Down 0.2 %

Shares of NYSE HLI traded down $0.34 during mid-day trading on Tuesday, hitting $180.24. 217,395 shares of the company traded hands, compared to its average volume of 432,412. The business has a 50 day moving average of $178.39 and a two-hundred day moving average of $167.81. The stock has a market capitalization of $12.53 billion, a price-to-earnings ratio of 34.40 and a beta of 0.69. Houlihan Lokey, Inc. has a 1 year low of $121.81 and a 1 year high of $192.10.

Houlihan Lokey (NYSE:HLI - Get Free Report) last posted its quarterly earnings data on Tuesday, January 28th. The financial services provider reported $1.64 EPS for the quarter, beating analysts' consensus estimates of $1.51 by $0.13. Houlihan Lokey had a net margin of 16.00% and a return on equity of 20.04%. As a group, research analysts anticipate that Houlihan Lokey, Inc. will post 5.91 EPS for the current year.

Houlihan Lokey Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.57 per share. This represents a $2.28 annualized dividend and a yield of 1.26%. The ex-dividend date is Monday, March 3rd. Houlihan Lokey's payout ratio is 43.51%.

Houlihan Lokey Company 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.