Van Berkom & Associates Inc. Acquires 5,130 Shares of Hamilton Lane Inc. $HLNE

Van Berkom & Associates Inc. boosted its holdings in Hamilton Lane Inc. (NASDAQ:HLNE) by 0.8% in the 3rd quarter, Holdings Channel.com reports. The firm owned 686,204 shares of the company’s stock after acquiring an additional 5,130 shares during the period. Hamilton Lane comprises 2.7% of Van Berkom & Associates Inc.’s holdings, making the stock its 11th biggest position. Van Berkom & Associates Inc.’s holdings in Hamilton Lane were worth $92,493,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently made changes to their positions in HLNE. Cornerstone Planning Group LLC raised its position in shares of Hamilton Lane by 347.7% in the third quarter. Cornerstone Planning Group LLC now owns 197 shares of the company’s stock valued at $27,000 after buying an additional 153 shares in the last quarter. Parkside Financial Bank & Trust increased its stake in Hamilton Lane by 920.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 204 shares of the company’s stock worth $29,000 after acquiring an additional 184 shares during the period. First Horizon Corp bought a new position in Hamilton Lane during the 3rd quarter worth $31,000. Caitong International Asset Management Co. Ltd acquired a new position in Hamilton Lane in the 2nd quarter valued at $33,000. Finally, Global Retirement Partners LLC lifted its position in shares of Hamilton Lane by 126.4% during the 3rd quarter. Global Retirement Partners LLC now owns 317 shares of the company’s stock valued at $43,000 after acquiring an additional 177 shares during the period. Institutional investors and hedge funds own 97.40% of the company’s stock.

More Hamilton Lane News

Here are the key news stories impacting Hamilton Lane this week:

• Positive Sentiment: Q3 results topped expectations — EPS $1.55 vs. $1.28 estimate and revenue $198.6M vs. $195.4M, with revenue up ~18% YoY and strong margins/ROE. This bolsters fee-generating performance and beats helped validate the business model. Read More.
• Positive Sentiment: Fundraising success — closed nearly $2.0B for Infrastructure Opportunities Fund II (well above the $1.25B target), which supports future management fees and AUM growth. Read More.
• Neutral Sentiment: Company issued an official press release and provided slides + conference call audio/transcript for the quarter (useful for detail on AUM, fee mix, and any guidance). Investors can review the filings and call. Read More. • Read More.
• Negative Sentiment: Market reaction: despite beats and the large fund close, shares are down — likely reflecting profit-taking after recent run-ups, valuation scrutiny (stock has traded near its 12‑month high), and investor focus on forward guidance/fee-growth visibility rather than a single-quarter beat. Analysts/market commentary on near-term outlook may be tempering enthusiasm. Read More.

Analyst Ratings Changes

HLNE has been the topic of a number of recent analyst reports. Keefe, Bruyette & Woods raised their price target on Hamilton Lane from $161.00 to $170.00 and gave the stock an “outperform” rating in a research report on Thursday, January 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Hamilton Lane in a report on Thursday, January 22nd. UBS Group boosted their target price on shares of Hamilton Lane from $166.00 to $184.00 and gave the company a “buy” rating in a research report on Tuesday, January 13th. Morgan Stanley set a $159.00 price target on shares of Hamilton Lane in a research report on Tuesday, January 27th. Finally, Oppenheimer reissued an “outperform” rating and issued a $220.00 price objective on shares of Hamilton Lane in a research note on Tuesday, January 20th. One research 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, Hamilton Lane has an average rating of “Moderate Buy” and a consensus target price of $169.38.

Insiders Place Their Bets

In other news, CEO Juan Delgado-Moreira bought 8,000 shares of the company’s stock in a transaction on Friday, November 7th. The stock was purchased at an average cost of $130.35 per share, for a total transaction of $1,042,800.00. Following the completion of the transaction, the chief executive officer 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 ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available at this link. 22.21% of the stock is owned by corporate insiders.

Hamilton Lane Trading Down 3.7%

Shares of Hamilton Lane stock opened at $136.09 on Wednesday. The firm’s 50 day moving average is $138.23 and its 200 day moving average is $138.65. The firm has a market capitalization of $7.59 billion, a PE ratio of 24.65 and a beta of 1.30. Hamilton Lane Inc. has a 1 year low of $111.98 and a 1 year high of $179.19. The company has a current ratio of 3.49, a quick ratio of 3.49 and a debt-to-equity ratio of 0.25.

Hamilton Lane (NASDAQ:HLNE) last issued its earnings results on Tuesday, February 3rd. The company reported $1.55 earnings per share 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 analyst estimates of $195.36 million. Hamilton Lane had a net margin of 31.12% and a return on equity of 29.43%. The company’s quarterly revenue was up 18.0% on a year-over-year basis. During the same quarter last year, the business posted $1.25 earnings per share. Equities research analysts forecast that Hamilton Lane Inc. will post 4.97 earnings per share for the current fiscal year.

Hamilton Lane Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 6th. Investors of record on Friday, March 20th will be issued 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 1.6%. Hamilton Lane’s dividend payout ratio (DPR) is 39.13%.

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.