Venturi Wealth Management LLC Has $126,000 Stock Holdings in Houlihan Lokey, Inc. (NYSE:HLI)

Venturi Wealth Management LLC boosted its position in shares of Houlihan Lokey, Inc. (NYSE:HLI) by 1,298.1% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 727 shares of the financial services provider’s stock after buying an additional 675 shares during the quarter. Venturi Wealth Management LLC’s holdings in Houlihan Lokey were worth $126,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HLI. Barclays PLC raised its position in shares of Houlihan Lokey by 21.4% during the 3rd quarter. Barclays PLC now owns 36,821 shares of the financial services provider’s stock valued at $5,818,000 after acquiring an additional 6,483 shares during the last quarter. Natixis Advisors LLC raised its position in shares of Houlihan Lokey by 2.5% during 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 last quarter. State Street Corp raised its position 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 during the last quarter. Gunderson Capital Management Inc. bought a new stake in shares of Houlihan Lokey during the 4th quarter valued at $5,133,000. Finally, Assetmark Inc. raised its position in shares of Houlihan Lokey by 2,482.4% during the 3rd quarter. Assetmark Inc. now owns 9,813 shares of the financial services provider’s stock valued at $1,551,000 after acquiring an additional 9,433 shares during the last quarter. Institutional investors and hedge funds own 78.07% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently commented on HLI shares. StockNews.com upgraded shares of Houlihan Lokey from a “hold” rating to a “buy” rating in a research report on Thursday, February 13th. Keefe, Bruyette & Woods restated a “market perform” rating and issued a $192.00 price objective (up previously from $170.00) on shares of Houlihan Lokey in a research report on Wednesday, January 29th. JMP Securities reaffirmed a “market perform” rating on shares of Houlihan Lokey in a research note on Wednesday, January 29th. JPMorgan Chase & Co. reduced their target price on shares of Houlihan Lokey from $172.00 to $169.00 and set a “neutral” rating for the company in a research note on Wednesday, January 29th. Finally, UBS Group upped their target price on shares of Houlihan Lokey from $229.00 to $230.00 and gave the stock a “buy” rating in a research note on Wednesday, January 29th. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $194.40.

Houlihan Lokey Price Performance

Houlihan Lokey stock opened at $171.07 on Friday. The firm has a 50-day moving average of $177.48 and a 200-day moving average of $170.69. Houlihan Lokey, Inc. has a one year low of $121.81 and a one year high of $192.10. The company has a market cap of $12.00 billion, a price-to-earnings ratio of 32.65 and a beta of 0.69.

Houlihan Lokey (NYSE:HLI) last posted its quarterly earnings data 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 net margin of 16.00% and a return on equity of 20.04%. As a group, sell-side analysts expect that Houlihan Lokey, Inc. will post 5.98 earnings per share for the current year.

Houlihan Lokey Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Saturday, March 15th. Stockholders of record on Monday, March 3rd will be paid a dividend of $0.57 per share. The ex-dividend date is Monday, March 3rd. This represents a $2.28 dividend on an annualized basis and a dividend yield of 1.33%. Houlihan Lokey’s dividend payout ratio is 43.51%.

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.