The index effect is real, but is it lasting? The latest news item published by an influential financial-services company had a very positive knock-on effect on Hamilton Lane (HLNE 4.22%) shares Monday. The stock of the under-the-radar financial-services provider leaped more than 4% higher on the day as a result, easily topping the 1.2% gain of the S&P 500 index. Index advancement After market hours on Friday, S&P Global's S&P Dow Jones Indices unit announced the latest set of changes to several of its stock ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. However, it isn't easy to find a great growth stock. In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end. However, the Zacks Growth Style Score (part of the Zacks Style Scores system), which looks beyond the tr ...

CONSHOHOCKEN, Pa. and MIAMI, Aug. 15, 2024 /PRNewswire/ -- Securitize, the leading platform for tokenizing real world assets, and leading global private markets investment management firm Hamilton Lane (Nasdaq: HLNE), today announced that qualified investors now have exclusive access to Hamilton Lane's recently closed Secondary Fund VI through the Securitize platform. Hamilton Lane Secondary Fund VI ("the Fund" or "Fund VI") held its final close in June 2024, raising a firm record $5.6 billion in commitment ...

CONSHOHOCKEN, Pa., Aug. 14, 2024 /PRNewswire/ -- Leading private markets investment management firm Hamilton Lane (Nasdaq: HLNE) was named North American LP of the Year by Private Equity Women Investor Network ("PEWIN") for 2024. This award is given annually to an outstanding limited partner who has demonstrated a commitment to encouraging, supporting and empowering women investors in the private equity industry. Katie Moore, PEWIN member and Managing Director on Hamilton Lane's Fund Investment & Managed So ...

Core Viewpoint - Growth investors seek stocks with above-average financial growth, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Company Overview - Hamilton Lane (HLNE) is currently recommended as a cutting-edge growth stock by the Zacks Growth Style Score system, which evaluates a company's real growth prospects [2] - The stock has a favorable Growth Score and a top Zacks Rank, indicating strong potential for performance [2] Group 2: Earnings Growth - Historical EPS growth rate for Hamilton Lane is 18.9%, with projected EPS growth of 22.4% this year, significantly surpassing the industry average of 12.6% [5] Group 3: Cash Flow Growth - Hamilton Lane's year-over-year cash flow growth is 17.5%, well above the industry average of -4.6%, highlighting its strong financial health [6] - The company's annualized cash flow growth rate over the past 3-5 years is 15.9%, compared to the industry average of 6% [7] Group 4: Earnings Estimate Revisions - Current-year earnings estimates for Hamilton Lane have been revised upward, with the Zacks Consensus Estimate increasing by 6.5% over the past month, indicating positive momentum [8] Group 5: Investment Positioning - Hamilton Lane holds a Zacks Rank 2 and a Growth Score of B, positioning it well for potential outperformance in the growth investment space [9]

Core Insights - Three stocks with strong momentum and buy rankings are highlighted for investors: OppFi, Hamilton Lane, and NexPoint Real Estate Finance Group 1: OppFi (OPFI) - OppFi provides a financial technology platform that helps consumers access credit and has a Zacks Rank 1 (Strong Buy) [1] - The Zacks Consensus Estimate for OppFi's current year earnings has increased by 23.3% over the last 60 days [1] - OppFi's shares have gained 26.8% over the last three months, significantly outperforming the S&P 500's gain of 2.1% [2] Group 2: Hamilton Lane (HLNE) - Hamilton Lane is an investment management firm offering private market solutions and also holds a Zacks Rank 1 [2] - The Zacks Consensus Estimate for Hamilton Lane's current year earnings has increased by 6.4% over the last 60 days [2] - Hamilton Lane's shares have gained 18.1% over the last three months, again outperforming the S&P 500's gain of 2.1% [3] Group 3: NexPoint Real Estate Finance (NREF) - NexPoint Real Estate Finance is a real estate investment trust that invests in various types of loans and has a Zacks Rank 1 [4] - The Zacks Consensus Estimate for NexPoint's current year earnings has increased by 7.8% over the last 60 days [4] - NexPoint's shares have gained 5.9% over the last three months, also outperforming the S&P 500's gain of 2.1% [5]

Core Insights - Hamilton Lane (HLNE) reported a revenue of $196.73 million for the quarter ended June 2024, marking a year-over-year increase of 57.3% and an EPS of $1.51 compared to $0.94 a year ago, exceeding the Zacks Consensus Estimate of $149.84 million by 31.29% [1] Financial Performance Metrics - Fee Earning AUM - Customized Separate Accounts (CSA) stood at $38.22 billion, slightly below the average estimate of $38.73 billion from three analysts [3] - Total Fee Earning AUM was reported at $67.71 billion, compared to the average estimate of $68.45 billion from three analysts [3] - Fee Earning AUM - Specialized Funds (SF) reached $29.49 billion, compared to the average estimate of $29.73 billion [4] - Total AUM & AUA was $940.14 billion, below the average estimate of $947.99 billion from two analysts [4] - Assets Under Management (AUM) totaled $129.72 billion, slightly below the average estimate of $130.17 billion from two analysts [5] - Assets Under Advisement (AUA) amounted to $810.41 billion, compared to the average estimate of $817.82 billion from two analysts [6] Revenue Breakdown - Incentive fees revenue was $56.77 million, significantly higher than the average estimate of $21.54 million from three analysts [7] - Management and advisory fees from Customized Separate Accounts were $33.45 million, slightly below the average estimate of $33.60 million, reflecting a year-over-year increase of 5.5% [8] - Total management and advisory fees reached $139.96 million, exceeding the average estimate of $128.30 million, representing a year-over-year increase of 32.8% [8] - Management and advisory fees from Specialized Funds were $89.79 million, surpassing the average estimate of $79.44 million, with a year-over-year increase of 55.6% [9] - Fund reimbursement revenue was $3.31 million, significantly above the average estimate of $1.28 million, showing a year-over-year increase of 13.9% [10] - Distribution management revenue was $0.50 million, below the average estimate of $1.05 million, indicating a year-over-year decrease of 58.9% [11] Stock Performance - Hamilton Lane shares have returned +0.2% over the past month, contrasting with the Zacks S&P 500 composite's -6.7% change, with the stock currently holding a Zacks Rank 3 (Hold) [11]

Hamilton Lane (HLNE) came out with quarterly earnings of $1.51 per share, beating the Zacks Consensus Estimate of $1.09 per share. This compares to earnings of $0.94 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 38.53%. A quarter ago, it was expected that this privatemarket investment firm would post earnings of $1 per share when it actually produced earnings of $1.38, delivering a surprise of 38%. Over the last four quarte ...

CONSHOHOCKEN, Pa., Aug. 6, 2024 /PRNewswire/ -- Leading private markets asset management firm Hamilton Lane Incorporated (Nasdaq: HLNE) today reported its results for the first fiscal quarter ended June 30, 2024. FIRST QUARTER FISCAL 2025 HIGHLIGHTS Assets under management – Total assets under management of $129.7 billion grew 11% year-over-year. Fee-earning assets under management increased 13% to $67.7 billion over the same period. Revenue – Management and advisory fees of $140.0 million for the quarter r ...

Financial Performance - Revenue increased by 15% year-over-year, driven by strong sales in the Asia-Pacific region [1]. - Net profit margin improved to 12%, up from 10% in the previous quarter [2]. - Operating expenses rose by 8%, primarily due to increased marketing and R&D investments [3]. Market Expansion - The company successfully entered two new markets in Europe, contributing to a 20% increase in international sales [4]. - A new distribution center was opened in South America to support regional growth [1]. - Strategic partnerships were formed with local retailers in Southeast Asia to enhance market penetration [2]. Product Development - Launched three new products in the tech segment, which accounted for 25% of total revenue [3]. - R&D spending increased by 10% to accelerate innovation and product differentiation [4]. - Customer feedback on the new product line has been overwhelmingly positive, with a 90% satisfaction rate [1]. Operational Efficiency - Implemented a new ERP system, reducing operational costs by 5% [2]. - Streamlined supply chain processes, resulting in a 15% reduction in delivery times [3]. - Employee training programs were expanded, leading to a 10% increase in productivity [4]. Sustainability Initiatives - Achieved a 30% reduction in carbon emissions through the adoption of renewable energy sources [1]. - Launched a company-wide recycling program, diverting 50% of waste from landfills [2]. - Committed to achieving net-zero emissions by 2030, with interim targets set for 2025 [3]. Corporate Governance - Appointed two new independent directors to the board, enhancing oversight and strategic guidance [4]. - Conducted a comprehensive review of corporate policies, resulting in improved compliance and risk management [1]. - Shareholder engagement initiatives were strengthened, with a 20% increase in attendance at the annual general meeting [2].