Tudor Investment Corp ET AL Buys 211,022 Shares of Hamilton Lane Inc. $HLNE

Tudor Investment Corp ET AL lifted its stake in shares of Hamilton Lane Inc. (NASDAQ:HLNE) by 512.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 252,235 shares of the company’s stock after buying an additional 211,022 shares during the period. Tudor Investment Corp ET AL’s holdings in Hamilton Lane were worth $33,999,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Invesco Ltd. raised its position in Hamilton Lane by 7.3% in the 3rd quarter. Invesco Ltd. now owns 1,534,836 shares of the company’s stock valued at $206,880,000 after buying an additional 104,977 shares during the last quarter. Champlain Investment Partners LLC grew its stake in shares of Hamilton Lane by 33.8% in the 3rd quarter. Champlain Investment Partners LLC now owns 1,388,380 shares of the company’s stock worth $187,140,000 after acquiring an additional 350,437 shares in the last quarter. Millennium Management LLC raised its holdings in shares of Hamilton Lane by 418.8% in the third quarter. Millennium Management LLC now owns 1,060,511 shares of the company’s stock valued at $142,946,000 after purchasing an additional 856,112 shares during the last quarter. Van Berkom & Associates Inc. raised its holdings in shares of Hamilton Lane by 0.8% in the third quarter. Van Berkom & Associates Inc. now owns 686,204 shares of the company’s stock valued at $92,493,000 after purchasing an additional 5,130 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in shares of Hamilton Lane by 4.0% during the third quarter. Dimensional Fund Advisors LP now owns 665,043 shares of the company’s stock valued at $89,649,000 after purchasing an additional 25,375 shares in the last quarter. Institutional investors own 97.40% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on HLNE shares. Zacks Research upgraded shares of Hamilton Lane from a “hold” rating to a “strong-buy” rating in a report on Wednesday, February 4th. Oppenheimer lifted their target price on shares of Hamilton Lane from $220.00 to $230.00 and gave the stock an “outperform” rating in a research report on Wednesday, February 4th. Morgan Stanley set a $159.00 target price on Hamilton Lane in a research note on Tuesday, January 27th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Hamilton Lane in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. increased their price target on Hamilton Lane from $164.00 to $166.00 and gave the company a “neutral” rating in a research report on Wednesday, February 4th. Two research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Hamilton Lane presently has a consensus rating of “Moderate Buy” and an average price target of $169.00.

Hamilton Lane Stock Performance

NASDAQ HLNE opened at $101.00 on Friday. The company has a market capitalization of $5.63 billion, a PE ratio of 18.13 and a beta of 1.32. The company has a debt-to-equity ratio of 0.21, a quick ratio of 3.27 and a current ratio of 3.27. Hamilton Lane Inc. has a 52-week low of $92.77 and a 52-week high of $179.19. The company has a 50-day simple moving average of $125.08 and a 200 day simple moving average of $129.48.

Hamilton Lane (NASDAQ:HLNE) last released 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. Hamilton Lane had a net margin of 30.59% and a return on equity of 27.82%. The firm had revenue of $198.59 million for the quarter, compared to analysts’ expectations of $195.36 million. During the same period in the previous year, the company earned $1.25 earnings per share. The company’s quarterly revenue was up 18.0% on a year-over-year basis. On average, research analysts predict that Hamilton Lane Inc. will post 4.97 EPS for the current year.

Hamilton Lane Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 6th. Shareholders of record on Friday, March 20th will be given a $0.54 dividend. This represents a $2.16 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend is Friday, March 20th. Hamilton Lane’s dividend payout ratio (DPR) is currently 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.