ORIX USA Corp Invests $19.91 Million in Houlihan Lokey Inc (HLI)

ORIX USA Corp acquired a new stake in Houlihan Lokey Inc (NYSE:HLI) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 438,240 shares of the financial services provider’s stock, valued at approximately $19,909,000. Houlihan Lokey comprises approximately 99.5% of ORIX USA Corp’s portfolio, making the stock its largest holding.

Several other institutional investors also recently bought and sold shares of HLI. California Public Employees Retirement System boosted its holdings in Houlihan Lokey by 12.1% during the fourth quarter. California Public Employees Retirement System now owns 10,205 shares of the financial services provider’s stock worth $464,000 after buying an additional 1,100 shares in the last quarter. Advisor Group Inc. boosted its holdings in Houlihan Lokey by 2,125.0% during the third quarter. Advisor Group Inc. now owns 2,848 shares of the financial services provider’s stock worth $112,000 after buying an additional 2,720 shares in the last quarter. American International Group Inc. boosted its holdings in Houlihan Lokey by 20.3% during the third quarter. American International Group Inc. now owns 16,580 shares of the financial services provider’s stock worth $649,000 after buying an additional 2,799 shares in the last quarter. OxFORD Asset Management LLP boosted its holdings in Houlihan Lokey by 4.8% during the third quarter. OxFORD Asset Management LLP now owns 98,705 shares of the financial services provider’s stock worth $3,856,000 after buying an additional 4,534 shares in the last quarter. Finally, Principal Financial Group Inc. boosted its holdings in Houlihan Lokey by 2.3% during the third quarter. Principal Financial Group Inc. now owns 211,600 shares of the financial services provider’s stock worth $8,280,000 after buying an additional 4,700 shares in the last quarter. Institutional investors and hedge funds own 35.05% of the company’s stock.

Shares of Houlihan Lokey Inc (HLI) opened at $46.16 on Friday. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.77 and a quick ratio of 0.77. The company has a market cap of $3,041.48, a P/E ratio of 18.25, a P/E/G ratio of 1.10 and a beta of 0.42. Houlihan Lokey Inc has a 12-month low of $31.37 and a 12-month high of $52.81.

Houlihan Lokey (NYSE:HLI) last issued its quarterly earnings results on Monday, January 29th. The financial services provider reported $0.69 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.61 by $0.08. The business had revenue of $258.90 million during the quarter, compared to the consensus estimate of $240.98 million. Houlihan Lokey had a net margin of 17.25% and a return on equity of 20.03%. The firm’s quarterly revenue was up 4.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.57 EPS. research analysts forecast that Houlihan Lokey Inc will post 2.32 earnings per share for the current year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 15th. Investors of record on Friday, March 2nd will be given a $0.20 dividend. The ex-dividend date is Thursday, March 1st. This represents a $0.80 annualized dividend and a dividend yield of 1.73%. Houlihan Lokey’s dividend payout ratio (DPR) is presently 31.62%.

HLI has been the subject of a number of research reports. UBS Group raised their target price on shares of Houlihan Lokey from $44.00 to $47.00 and gave the stock a “buy” rating in a report on Wednesday, October 25th. Bank of America raised their target price on shares of Houlihan Lokey from $40.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, October 25th. Zacks Investment Research downgraded shares of Houlihan Lokey from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, November 14th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $49.00 price target on shares of Houlihan Lokey in a research report on Friday, December 22nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average price target of $47.50.

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Houlihan Lokey Profile

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.

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Institutional Ownership by Quarter for Houlihan Lokey (NYSE:HLI)

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