4,529 Shares in Hamilton Lane Inc. $HLNE Acquired by Presilium Private Wealth LLC

Presilium Private Wealth LLC purchased a new position in Hamilton Lane Inc. (NASDAQ:HLNE) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 4,529 shares of the company’s stock, valued at approximately $610,000.

A number of other institutional investors have also added to or reduced their stakes in HLNE. Royal Bank of Canada lifted its holdings in shares of Hamilton Lane by 6.0% in the first quarter. Royal Bank of Canada now owns 52,466 shares of the company’s stock worth $7,800,000 after buying an additional 2,948 shares in the last quarter. EFG Asset Management North America Corp. increased its holdings in Hamilton Lane by 38.0% in the 1st quarter. EFG Asset Management North America Corp. now owns 25,965 shares of the company’s stock valued at $3,864,000 after acquiring an additional 7,151 shares during the last quarter. Integrated Wealth Concepts LLC lifted its stake in Hamilton Lane by 256.2% in the 1st quarter. Integrated Wealth Concepts LLC now owns 6,019 shares of the company’s stock worth $896,000 after purchasing an additional 4,329 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Hamilton Lane by 8.0% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 23,615 shares of the company’s stock worth $3,511,000 after purchasing an additional 1,743 shares in the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of Hamilton Lane by 4,806.7% during the 1st quarter. Jones Financial Companies Lllp now owns 5,103 shares of the company’s stock valued at $759,000 after purchasing an additional 4,999 shares during the last quarter. 97.40% of the stock is owned by hedge funds and other institutional investors.

Hamilton Lane Price Performance

NASDAQ:HLNE opened at $134.31 on Friday. The firm has a market capitalization of $7.49 billion, a price-to-earnings ratio of 24.33 and a beta of 1.30. The company has a debt-to-equity ratio of 0.25, a current ratio of 3.49 and a quick ratio of 3.49. The business has a 50 day simple moving average of $127.46 and a 200-day simple moving average of $138.46. Hamilton Lane Inc. has a 1 year low of $111.98 and a 1 year high of $179.19.

Hamilton Lane (NASDAQ:HLNE) last released its quarterly earnings results on Tuesday, November 4th. The company reported $1.54 earnings per share for the quarter, beating the consensus estimate of $1.08 by $0.46. Hamilton Lane had a return on equity of 29.43% and a net margin of 31.12%.The company had revenue of $190.88 million for the quarter, compared to analyst estimates of $171.86 million. Equities analysts forecast that Hamilton Lane Inc. will post 4.97 EPS for the current year.

Hamilton Lane Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 7th. Investors of record on Friday, December 19th will be paid a dividend of $0.54 per share. The ex-dividend date of this dividend is Friday, December 19th. This represents a $2.16 dividend on an annualized basis and a dividend yield of 1.6%. Hamilton Lane’s payout ratio is currently 39.13%.

Insider Buying and Selling

In other news, CEO Juan Delgado-Moreira acquired 8,000 shares of Hamilton Lane stock in a transaction that occurred on Friday, November 7th. The shares were bought at an average cost of $130.35 per share, with a total value of $1,042,800.00. Following the transaction, the chief executive officer directly owned 1,314,447 shares of the company’s stock, valued at $171,338,166.45. This trade represents a 0.61% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this link. Insiders own 22.21% of the company’s stock.

Wall Street Analysts Forecast Growth

HLNE has been the topic of several research reports. Wall Street Zen raised Hamilton Lane from a “sell” rating to a “hold” rating in a report on Sunday, November 9th. Keefe, Bruyette & Woods raised their price target on Hamilton Lane from $158.00 to $161.00 and gave the company an “outperform” rating in a report on Wednesday, December 17th. The Goldman Sachs Group raised Hamilton Lane from a “neutral” rating to a “buy” rating and set a $165.00 price objective on the stock in a report on Thursday, November 6th. Weiss Ratings downgraded Hamilton Lane from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Saturday, October 25th. Finally, Morgan Stanley reduced their price target on shares of Hamilton Lane from $169.00 to $154.00 and set an “equal weight” rating on the stock in a research report on Tuesday, October 21st. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $160.50.

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.