Hamilton Lane (HLNE) Given Media Sentiment Score of 0.11

News headlines about Hamilton Lane (NASDAQ:HLNE) have been trending somewhat positive recently, Accern reports. The research group identifies negative and positive press coverage by analyzing more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Hamilton Lane earned a media sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the company an impact score of 47.6629952448784 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Shares of Hamilton Lane (NASDAQ:HLNE) opened at $34.01 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 0.82. Hamilton Lane has a twelve month low of $17.32 and a twelve month high of $35.24.

Hamilton Lane (NASDAQ:HLNE) last posted its earnings results on Tuesday, November 7th. The company reported $0.27 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.26 by $0.01. The firm had revenue of $51.20 million for the quarter, compared to the consensus estimate of $48.64 million. The firm’s revenue was up 5.1% on a year-over-year basis. equities analysts forecast that Hamilton Lane will post 1.14 earnings per share for the current year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Friday, December 15th will be issued a dividend of $0.175 per share. This represents a $0.70 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date is Thursday, December 14th.

HLNE has been the topic of a number of analyst reports. Morgan Stanley lowered shares of Hamilton Lane from an “overweight” rating to an “equal weight” rating and upped their target price for the stock from $25.00 to $28.00 in a report on Thursday, October 5th. Zacks Investment Research lowered shares of Hamilton Lane from a “buy” rating to a “hold” rating in a report on Tuesday, September 12th. Finally, Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $24.00 target price on shares of Hamilton Lane in a report on Thursday, September 28th. Five investment analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $24.00.

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About Hamilton Lane

Hamilton Lane Incorporated is a global private markets investment solutions provider. The Company works with its clients to conceive, structure, build out, manage and monitor portfolios of private markets funds and direct investments, and it helps them access a set of such investment opportunities around the world.

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