Houlihan Lokey, Inc. (NYSE:HLI) Chairman Irwin Gold sold 6,533 shares of the company’s stock in a transaction on Friday, November 3rd. The stock was sold at an average price of $41.63, for a total transaction of $271,968.79. Following the sale, the chairman now directly owns 6,533 shares of the company’s stock, valued at $271,968.79. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

Irwin Gold also recently made the following trade(s):

  • On Monday, October 30th, Irwin Gold sold 91,453 shares of Houlihan Lokey stock. The shares were sold at an average price of $41.63, for a total transaction of $3,807,188.39.

Shares of Houlihan Lokey, Inc. (HLI) opened at $40.90 on Wednesday. The firm has a market cap of $2,770.76, a PE ratio of 18.72, a P/E/G ratio of 2.77 and a beta of 0.38. Houlihan Lokey, Inc. has a 12 month low of $23.48 and a 12 month high of $44.15. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.00 and a current ratio of 1.00.

Houlihan Lokey (NYSE:HLI) last posted its earnings results on Tuesday, October 24th. The financial services provider reported $0.56 EPS for the quarter, topping the consensus estimate of $0.41 by $0.15. Houlihan Lokey had a net margin of 14.58% and a return on equity of 20.05%. The firm had revenue of $242.20 million during the quarter, compared to analysts’ expectations of $207.72 million. During the same quarter in the prior year, the firm earned $0.37 EPS. Houlihan Lokey’s quarterly revenue was up 29.9% on a year-over-year basis. analysts expect that Houlihan Lokey, Inc. will post 2.1 EPS for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, December 15th. Shareholders of record on Monday, December 4th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.96%. The ex-dividend date is Friday, December 1st. Houlihan Lokey’s dividend payout ratio (DPR) is 37.91%.

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Hedge funds and other institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its position in Houlihan Lokey by 3.2% in the 2nd quarter. Bank of New York Mellon Corp now owns 137,759 shares of the financial services provider’s stock worth $4,808,000 after purchasing an additional 4,238 shares during the last quarter. TIAA CREF Investment Management LLC grew its position in Houlihan Lokey by 29.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 192,943 shares of the financial services provider’s stock worth $6,734,000 after purchasing an additional 43,706 shares during the last quarter. Neuberger Berman Group LLC grew its position in Houlihan Lokey by 122.1% in the 2nd quarter. Neuberger Berman Group LLC now owns 1,193,275 shares of the financial services provider’s stock worth $41,645,000 after purchasing an additional 655,940 shares during the last quarter. Sawgrass Asset Management LLC bought a new position in Houlihan Lokey in the 2nd quarter worth about $369,000. Finally, Goldman Sachs Group Inc. grew its position in Houlihan Lokey by 402.6% in the 1st quarter. Goldman Sachs Group Inc. now owns 76,002 shares of the financial services provider’s stock worth $2,618,000 after purchasing an additional 60,879 shares during the last quarter. Hedge funds and other institutional investors own 32.27% of the company’s stock.

HLI has been the topic of a number of recent analyst reports. TheStreet upgraded shares of Houlihan Lokey from a “c” rating to a “b-” rating in a research note on Monday, August 14th. Keefe, Bruyette & Woods restated a “buy” rating on shares of Houlihan Lokey in a research note on Tuesday, October 3rd. ValuEngine upgraded shares of Houlihan Lokey from a “hold” rating to a “buy” rating in a research note on Friday, September 15th. UBS AG reiterated a “buy” rating and set a $42.00 price objective (up previously from $40.00) on shares of Houlihan Lokey in a research note on Wednesday, July 26th. Finally, BidaskClub lowered shares of Houlihan Lokey from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. One analyst has rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $42.33.

About Houlihan Lokey

Houlihan Lokey, Inc is a global independent investment bank that focuses on mergers and acquisitions (M&A), capital markets, financial restructuring, valuation, and strategic consulting. The Company operates through four segments: Corporate Finance, Financial Restructuring, Financial Advisory Services and Strategic Consulting.

Insider Buying and Selling by Quarter for Houlihan Lokey (NYSE:HLI)

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