BlackRock Amends Houlihan Lokey Stake, Signals Continued Confidence
Ticker: HLI · Form: SC 13G/A · Filed: Jan 8, 2024 · CIK: 1302215
| Field | Detail |
|---|---|
| Company | Houlihan Lokey, Inc. (HLI) |
| Form Type | SC 13G/A |
| Filed Date | Jan 8, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, passive-investment
TL;DR
**BlackRock still owns Houlihan Lokey stock, showing continued institutional interest.**
AI Summary
BlackRock Inc. filed an amended SC 13G/A on January 8, 2024, indicating its ownership of Class A Common Stock in Houlihan Lokey, Inc. as of December 31, 2023. This filing, an amendment (Amendment No: 1), shows BlackRock continues to be a significant institutional investor in Houlihan Lokey. For investors, this means a major financial institution maintains its stake, potentially signaling confidence in Houlihan Lokey's long-term prospects.
Why It Matters
This filing confirms BlackRock's ongoing substantial investment in Houlihan Lokey, which can be a positive signal for current and prospective shareholders, indicating institutional belief in the company's value.
Risk Assessment
Risk Level: low — This is a routine amendment filing by a large institutional investor, indicating no immediate significant risk or change in investment strategy.
Analyst Insight
An investor should note BlackRock's continued presence as a major shareholder, but this filing alone doesn't provide enough detail to warrant a specific buy/sell action. It's a data point for broader due diligence.
Key Players & Entities
- BlackRock Inc. (company) — the institutional investor filing the SC 13G/A
- HOULIHAN LOKEY, INC. (company) — the subject company whose Class A Common Stock is being reported
- December 31, 2023 (date) — the date of the event requiring the filing
- January 8, 2024 (date) — the date the SC 13G/A was filed
Forward-Looking Statements
- BlackRock will likely maintain a significant stake in Houlihan Lokey for the foreseeable future. (BlackRock Inc.) — medium confidence, target: December 31, 2024
FAQ
What type of filing is this document?
This document is an SC 13G/A, which is an amendment (Amendment No: 1) to a Schedule 13G filing, indicating a change or update to a previously reported beneficial ownership stake.
Who is the 'subject company' in this filing?
The subject company, whose securities are being reported, is HOULIHAN LOKEY, INC., with CIK 0001302215.
Who is the 'filed by' entity in this document?
The entity that filed this document is BlackRock Inc., with CIK 0001364742.
What is the specific class of securities being reported?
The specific class of securities being reported is Class A Common Stock of HOULIHAN LOKEY, INC.
What was the 'Date of Event Which Requires Filing of this Statement'?
The 'Date of Event Which Requires Filing of this Statement' was December 31, 2023.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on January 8, 2024 regarding HOULIHAN LOKEY, INC. (HLI).