Copeland Capital Management LLC Has $70.40 Million Stock Holdings in Hamilton Lane Inc. $HLNE

Copeland Capital Management LLC lifted its stake in shares of Hamilton Lane Inc. (NASDAQ:HLNE) by 5.9% during the fourth quarter, Holdings Channel reports. The firm owned 524,166 shares of the company’s stock after purchasing an additional 28,981 shares during the quarter. Hamilton Lane makes up approximately 1.6% of Copeland Capital Management LLC’s portfolio, making the stock its 12th largest holding. Copeland Capital Management LLC’s holdings in Hamilton Lane were worth $70,401,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of HLNE. Millennium Management LLC raised its position in shares of Hamilton Lane by 418.8% during the third quarter. Millennium Management LLC now owns 1,060,511 shares of the company’s stock worth $142,946,000 after purchasing an additional 856,112 shares during the period. Champlain Investment Partners LLC raised its position in shares of Hamilton Lane by 33.8% during the third quarter. Champlain Investment Partners LLC now owns 1,388,380 shares of the company’s stock worth $187,140,000 after purchasing an additional 350,437 shares during the period. Vaughan Nelson Investment Management L.P. acquired a new stake in shares of Hamilton Lane during the fourth quarter worth $40,855,000. Deprince Race & Zollo Inc. acquired a new stake in shares of Hamilton Lane during the fourth quarter worth $40,480,000. Finally, Massachusetts Financial Services Co. MA raised its position in shares of Hamilton Lane by 6,649.0% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 286,699 shares of the company’s stock worth $38,507,000 after purchasing an additional 282,451 shares during the period. 97.40% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. UBS Group cut their target price on Hamilton Lane from $184.00 to $150.00 and set a “buy” rating on the stock in a research report on Friday, February 20th. Keefe, Bruyette & Woods boosted their target price on Hamilton Lane from $161.00 to $170.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Zacks Research lowered Hamilton Lane from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 6th. Morgan Stanley lowered their price target on Hamilton Lane from $159.00 to $141.00 and set an “equal weight” rating on the stock in a report on Tuesday. Finally, BMO Capital Markets lowered their price target on Hamilton Lane from $148.00 to $118.00 and set an “outperform” rating on the stock in a report on Tuesday, March 24th. Six equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $155.38.

Hamilton Lane Stock Performance

Shares of NASDAQ HLNE opened at $103.16 on Friday. The business’s 50-day moving average price is $103.23 and its two-hundred day moving average price is $121.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 3.27 and a quick ratio of 3.27. Hamilton Lane Inc. has a one year low of $90.47 and a one year high of $179.19. The company has a market capitalization of $5.75 billion, a P/E ratio of 18.52 and a beta of 1.33.

Hamilton Lane (NASDAQ:HLNE) last issued its earnings results on Tuesday, February 3rd. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.28 by $0.27. The firm had revenue of $198.59 million for the quarter, compared to the consensus estimate of $195.36 million. Hamilton Lane had a return on equity of 27.82% and a net margin of 30.59%.The business’s quarterly revenue was up 18.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.25 earnings per share. Analysts anticipate that Hamilton Lane Inc. will post 6.2 earnings per share for the current fiscal year.

Hamilton Lane Dividend Announcement

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

Hamilton Lane 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.