Shares of Finance sector company Hamilton Lane moved -3.7% today, and are now trading at a price of $192.02. The Large-Cap stock's daily volume was 406,061 compared to its average volume of 442,492. The S&P 500 index returned a -0.0% performance.
Hamilton Lane Incorporated is a private equity and venture capital firm specializing in early venture, emerging growth, turnaround, middle market, mature, mid-venture, bridge, buyout, distressed/vulture, loan, mezzanine in growth capital companies. The company is based in Philadelphia and has 700 full time employees. Its market capitalization is $10,644,474,880. Hamilton Lane currently offers its equity investors a dividend that yields 0.9% per year.
6 analysts are following Hamilton Lane and have set target prices ranging from $175.0 to $215.0 per share. On average, they have given the company a rating of hold. At today's prices, HLNE is trading 0.36% away from its average analyst target price of $191.33 per share.
Over the last year, HLNE's share price has increased by 96.2%, which represents a difference of 64.9% when compared to the S&P 500. The stock's 52 week high is $203.72 per share whereas its 52 week low is $96.38. Hamilton Lane's average free cash flow over the last 5 years has been $147.13 Million, but they have been decreasing at an average rate of -0.1%. This may prove a challenge to the long term sustainability of the stock's upwards trend.
| Date Reported | Cash Flow from Operations ($ k) | Capital expenditures ($ k) | Free Cash Flow ($ k) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 120,852 | 11,073 | 109,779 | -50.51 |
| 2022 | 226,589 | 4,747 | 221,842 | 37.79 |
| 2021 | 169,523 | 8,526 | 160,997 | -5.03 |
| 2020 | 188,158 | 18,637 | 169,521 | 48.19 |
| 2019 | 116,373 | 1,978 | 114,395 | 7.66 |
| 2018 | 111,622 | 5,366 | 106,256 |
