Currently, there are 41.77M common shares owned by the public and among those 37.26M shares have been available to trade.
The company’s stock has a 5-day price change of 7.51% and -15.71% over the past three months. HLNE shares are trading 1.49% year to date (YTD), with the 12-month market performance up to 31.74% higher. It has a 12-month low price of $103.42 and touched a high of $203.72 over the same period. HLNE has an average intraday trading volume of 406.74K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.48%, -12.58%, and 2.16% respectively.
Institutional ownership of Hamilton Lane Inc (NASDAQ: HLNE) shares accounts for 94.93% of the company’s 41.77M shares outstanding.
It has a market capitalization of $8.33B and a beta (3y monthly) value of 1.26. The stock’s trailing 12-month PE ratio is 32.99, while the earnings-per-share (ttm) stands at $4.55. The company has a PEG of 3.00 and the debt-to-equity ratio at 0.45. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.82% over the week and 3.01% over the month.
Earnings per share for the fiscal year are expected to increase by 23.41%, and 7.62% over the next financial year. EPS should shrink at an annualized rate of 11.00% over the next five years, compared to 21.48% over the past 5-year period.
Looking at the support for the HLNE, a number of firms have released research notes about the stock. Goldman stated their Sell rating for the stock in a research note on January 06, 2025, with the firm’s price target at $139. Wells Fargo coverage for the Hamilton Lane Inc (HLNE) stock in a research note released on September 12, 2024 offered a Equal Weight rating with a price target of $156. Oppenheimer on their part issued Outperform rating on May 26, 2023.
