Tudor Investment Corp ET AL Has $34 Million Holdings in Hamilton Lane Inc. $HLNE

Tudor Investment Corp ET AL boosted its position in Hamilton Lane Inc. (NASDAQ:HLNE) by 512.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 252,235 shares of the company’s stock after buying an additional 211,022 shares during the period. Tudor Investment Corp ET AL owned approximately 0.45% of Hamilton Lane worth $33,999,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of HLNE. Quarry LP raised its position in shares of Hamilton Lane by 2,557.1% in the 3rd quarter. Quarry LP now owns 186 shares of the company’s stock worth $25,000 after acquiring an additional 179 shares in the last quarter. Advisory Services Network LLC bought a new stake in shares of Hamilton Lane during the 3rd quarter valued at about $26,000. Cornerstone Planning Group LLC increased its holdings in Hamilton Lane by 347.7% in the third quarter. Cornerstone Planning Group LLC now owns 197 shares of the company’s stock worth $27,000 after purchasing an additional 153 shares in the last quarter. Hantz Financial Services Inc. increased its holdings in Hamilton Lane by 80.5% in the third quarter. Hantz Financial Services Inc. now owns 213 shares of the company’s stock worth $29,000 after purchasing an additional 95 shares in the last quarter. Finally, First Horizon Corp acquired a new position in Hamilton Lane in the third quarter valued at approximately $31,000. Institutional investors own 97.40% of the company’s stock.

Hamilton Lane Trading Down 1.6%

NASDAQ HLNE opened at $101.00 on Friday. Hamilton Lane Inc. has a 52 week low of $92.77 and a 52 week high of $179.19. The business has a 50 day moving average price of $125.08 and a 200-day moving average price of $129.48. The company has a quick ratio of 3.27, a current ratio of 3.27 and a debt-to-equity ratio of 0.21. The company has a market cap of $5.63 billion, a price-to-earnings ratio of 18.13 and a beta of 1.32.

Hamilton Lane (NASDAQ:HLNE) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.28 by $0.27. The business had revenue of $198.59 million during the quarter, compared to the consensus estimate of $195.36 million. Hamilton Lane had a net margin of 30.59% and a return on equity of 27.82%. Hamilton Lane’s revenue was up 18.0% compared to the same quarter last year. During the same quarter last year, the firm posted $1.25 EPS. As a group, equities analysts expect that Hamilton Lane Inc. will post 4.97 earnings per share for the current fiscal year.

Hamilton Lane Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Stockholders of record on Friday, March 20th will be given a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, March 20th. This represents a $2.16 annualized dividend and a dividend yield of 2.1%. Hamilton Lane’s payout ratio is presently 38.78%.

Wall Street Analyst Weigh In

Several analysts have recently commented on HLNE shares. Zacks Research raised shares of Hamilton Lane from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, February 4th. Oppenheimer boosted their target price on shares of Hamilton Lane from $220.00 to $230.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. JPMorgan Chase & Co. increased their target price on shares of Hamilton Lane from $164.00 to $166.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 4th. Keefe, Bruyette & Woods raised their price target on shares of Hamilton Lane from $161.00 to $170.00 and gave the stock an “outperform” rating in a report on Thursday, January 8th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Hamilton Lane in a report on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $169.00.

Hamilton Lane Company Profile

Hamilton Lane is a global private markets investment management firm specializing in the full spectrum of private equity and credit strategies. The company partners with institutional investors and wealth managers to design, implement and manage customized portfolios in primary fund investing, secondary market transactions and direct co-investment opportunities. By combining investment selection, portfolio construction and ongoing monitoring, Hamilton Lane seeks to optimize risk-adjusted returns across diverse private markets exposures.

Founded in 1991, Hamilton Lane has developed a track record of investment and advisory services in private markets.