Accredited Investors Inc. Sells 4,207 Shares of Houlihan Lokey, Inc. $HLI

Accredited Investors Inc. reduced its stake in Houlihan Lokey, Inc. (NYSE:HLI) by 65.7% during the first quarter, Holdings Channel.com reports. The institutional investor owned 2,196 shares of the financial services provider’s stock after selling 4,207 shares during the period. Accredited Investors Inc.’s holdings in Houlihan Lokey were worth $315,000 as of its most recent filing with the SEC.

Other institutional investors also recently added to or reduced their stakes in the company. Flagship Harbor Advisors LLC purchased a new stake in Houlihan Lokey during the fourth quarter worth about $26,000. Oakworth Capital Inc. bought a new position in shares of Houlihan Lokey during the 4th quarter valued at approximately $29,000. Core Wealth Advisors LLC bought a new position in shares of Houlihan Lokey during the 4th quarter valued at approximately $32,000. Eurizon Capital SGR S.p.A. bought a new position in shares of Houlihan Lokey during the 4th quarter valued at approximately $33,000. Finally, Strategic Wealth Investment Group LLC purchased a new stake in shares of Houlihan Lokey during the 2nd quarter worth approximately $39,000. Institutional investors own 78.07% of the company’s stock.

Houlihan Lokey Stock Down 0.8%

Shares of NYSE:HLI opened at $135.40 on Friday. The firm has a market capitalization of $9.35 billion, a PE ratio of 21.77, a P/E/G ratio of 1.06 and a beta of 0.95. The company has a 50-day moving average price of $143.18 and a two-hundred day moving average price of $156.41. Houlihan Lokey, Inc. has a twelve month low of $131.30 and a twelve month high of $211.78.

Houlihan Lokey (NYSE:HLI) last announced its quarterly earnings results on Wednesday, May 6th. The financial services provider reported $1.63 EPS for the quarter, missing analysts’ consensus estimates of $1.79 by ($0.16). The business had revenue of $635.64 million for the quarter, compared to analysts’ expectations of $679.22 million. Houlihan Lokey had a net margin of 16.26% and a return on equity of 22.88%. The business’s quarterly revenue was down 4.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.96 earnings per share. Analysts anticipate that Houlihan Lokey, Inc. will post 8.54 earnings per share for the current fiscal year.

Houlihan Lokey Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Monday, June 1st. This is a positive change from Houlihan Lokey’s previous quarterly dividend of $0.60. Houlihan Lokey’s payout ratio is presently 45.02%.

Insider Activity

In other Houlihan Lokey news, Chairman Scott L. Beiser sold 6,265 shares of the stock in a transaction on Thursday, May 21st. The stock was sold at an average price of $150.26, for a total transaction of $941,378.90. Following the sale, the chairman owned 6,265 shares in the company, valued at $941,378.90. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 22.83% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

HLI has been the topic of a number of research reports. US Capital Advisors set a $187.00 price target on shares of Houlihan Lokey in a report on Thursday. UBS Group increased their price objective on Houlihan Lokey from $160.00 to $161.00 and gave the company a “neutral” rating in a report on Wednesday. Zacks Research raised Houlihan Lokey from a “strong sell” rating to a “hold” rating in a research report on Thursday, June 11th. Keefe, Bruyette & Woods lowered their target price on Houlihan Lokey from $172.00 to $160.00 and set an “outperform” rating on the stock in a research note on Friday. Finally, Bank of America initiated coverage on Houlihan Lokey in a research report on Friday. They set a “buy” rating and a $164.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $180.50.

Houlihan Lokey News Roundup

Here are the key news stories impacting Houlihan Lokey this week:

• Positive Sentiment: Bank of America initiated coverage on Houlihan Lokey (HLI) with a Buy rating and a $164 price target, suggesting upside from the current share price. Houlihan Lokey Stock Performance
• Positive Sentiment: Wolfe Research upgraded HLI from Underperform to Peer Perform, which removes a bearish call on the stock and may ease downside sentiment. Wolfe Research Upgrade
• Positive Sentiment: Keefe, Bruyette & Woods still rates Houlihan Lokey Outperform and sees a target of $160, indicating further upside despite trimming its prior target. Keefe, Bruyette & Woods price target update
• Positive Sentiment: Morgan Stanley maintained an Overweight rating on HLI and lowered its price target only modestly to $187, which still points to substantial upside from current levels. Morgan Stanley price target update
• Neutral Sentiment: Houlihan Lokey announced it will release fiscal 2027 first-quarter results on July 29 and hold a conference call the same day; this is a routine event, but it sets up a near-term catalyst. Q1 FY2027 earnings release date
• Neutral Sentiment: The company also said it bolstered its equity capital solutions capabilities with a senior hire, which may help the business but is not an immediate stock-moving event. Senior hire announcement
• Negative Sentiment: Several firms trimmed price targets on HLI, including KBW and Morgan Stanley, which can weigh on sentiment even though both firms remain constructive on the shares. Price target reductions

Houlihan Lokey Profile

Houlihan Lokey, Inc is a global investment bank and financial services firm founded in 1972 and headquartered in Los Angeles, California. The company specializes in advisory services across a broad range of transaction types and financial matters. Since its founding, Houlihan Lokey has grown to serve corporations, financial sponsors, and government entities worldwide, providing expertise in complex and high-stakes engagements.

The firm’s core service offerings include mergers and acquisitions advisory, capital markets advisory, financial restructuring and distressed M&A, and valuation and fairness opinions.