Hamilton Lane Incorporated

Equities

HLNE

US4074971064

Investment Management & Fund Operators

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-26 pm EDT			5-day change	1st Jan Change
114.5 ^USD	+1.01%		+4.04%	+0.96%

Apr. 12	UBS Raises Hamilton Lane Price Target to $120 From $118, Maintains Neutral Rating	MT
Apr. 11	JPMorgan Downgrades Hamilton Lane to Neutral From Overweight, $115 Price Target	MT

Hamilton Lane Incorporated Reports Earnings Results for the Second Quarter and Six Months Ended September 30, 2023

November 07, 2023 at 04:26 pm EST

Hamilton Lane Incorporated reported earnings results for the second quarter and six months ended September 30, 2023. For the second quarter, the company reported revenue was USD 126.88 million compared to USD 153.38 million a year ago. Net income was USD 41.99 million compared to USD 34.88 million a year ago. Basic earnings per share from continuing operations was USD 1.11 compared to USD 0.98 a year ago. Diluted earnings per share from continuing operations was USD 1.11 compared to USD 0.97 a year ago.
For the six months, revenue was USD 251.91 million compared to USD 288.89 million a year ago. Net income was USD 72.99 million compared to USD 68.37 million a year ago. Basic earnings per share from continuing operations was USD 1.94 compared to USD 1.89 a year ago. Diluted earnings per share from continuing operations was USD 1.92 compared to USD 1.88 a year ago.

Latest news about Hamilton Lane Incorporated

UBS Raises Hamilton Lane Price Target to $120 From $118, Maintains Neutral Rating	Apr. 12	MT
JPMorgan Downgrades Hamilton Lane to Neutral From Overweight, $115 Price Target	Apr. 11	MT
Hamilton Lane Expands Presence in Canada	Apr. 10	CI
Hamilton Lane Incorporated Announces Executive Appointments	Apr. 03	CI
Shenandoah Telecommunications Company completed the acquisition of Horizon Telcom, Inc. from Novacap TMT V managed by Novacap Investments, Inc. and Labor Impact Fund, L.P. managed by GCM Grosvenor Inc..	Mar. 31	CI
FundGuard, Inc. announced that it has received $100 million in funding from Hamilton Lane Incorporated, Euclidean Capital LLC, Key 1 Capital Ltd., Team8 Capital, Blumberg Capital, L.L.C. and other investors	Mar. 24	CI
Rewards startup Fetch taps private credit boom, raising $50 million from Morgan Stanley	Mar. 20	RE
PAX Health, LLC and funds managed by Hamilton Lane Incorporated acquired Reservoir Health.	Mar. 11	CI
PAX Health, LLC and Hamilton Lane Incorporated acquired Behavioral Medicine Associates.	Mar. 11	CI
Sector Update: Financial Stocks Slip Pre-Bell Tuesday	Mar. 05	MT
Sector Update: Financial	Mar. 05	MT
Hamilton Lane Prices $210 Million Stock Offering	Mar. 05	MT
Hamilton Lane, Investor Selling Over 1.9 Million Shares in Public Offering	Mar. 04	MT
Wells Fargo Adjusts Price Target on Hamilton Lane to $111 From $106, Maintains Equalweight Rating	Feb. 07	MT
Hamilton Lane Incorporated Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	Feb. 06	CI
Transcript : Hamilton Lane Incorporated, Q3 2024 Earnings Call, Feb 06, 2024	Feb. 06
Hamilton Lane's Fiscal Q3 Non-GAAP Earnings Rise, Revenue Falls	Feb. 06	MT
Hamilton Lane Incorporated Declares Quarterly Dividend, Payable on April 4, 2024	Feb. 06	CI
Hamilton Lane Incorporated Appoints Dominik Von Scheven and Principal Taylor McManus as Managing Director to Its Global Real Assets Investments Team	Jan. 29	CI
Wells Fargo Raises Price Target on Hamilton Lane to $106 From $99, Maintains Equal-Weight Rating	Jan. 22	MT
UBS Raises Hamilton Lane Price Target to $117 From $93, Maintains Neutral Rating	Jan. 19	MT
Oppenheimer Downgrades Hamilton Lane to Perform From Outperform, Removes $98 Price Target	Jan. 11	MT
Morgan Stanley Raises Price Target on Hamilton Lane to $102 From $95, Maintains Equal-Weight Rating	Nov. 21	MT
Wells Fargo Adjusts Price Target on Hamilton Lane to $89 From $88, Maintains Equalweight Rating	Nov. 08	MT
Oppenheimer Adjusts Hamilton Lane Price Target to $98 From $97, Maintains Outperform Rating	Nov. 08	MT

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Company Profile

Hamilton Lane Incorporated is a private market investment management company. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it enables them to access a diversified set of such investment opportunities worldwide. The Company offers a variety of investment solutions to address its clientsâ needs across a range of private markets, including private equity, private credit, real estate, infrastructure, natural resources, growth equity, venture capital and impact. These solutions are constructed from a range of investment types, including primary investments in funds managed by third-party managers, direct investments alongside such funds and acquisitions of secondary stakes in such funds, with a number of its clients utilizing multiple investment types. These solutions are offered in a variety of formats covering some or all phases of the private market's investment program.

Sector

Investment Management & Fund Operators

Calendar

2024-05-22 - Q4 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Hamilton Lane Incorporated

Trading Rating

Investor Rating

ESG Refinitiv

C+

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

114.5 USD

Average target price

118.2 USD

Spread / Average Target

+3.20%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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