Houlihan Lokey 'A'

Frankfurt-based fintech Finanzguru has opened talks on a sale and has hired Houlihan Lokey to run the process. A full exit or the departure of individual shareholders is possible; the process is expected to run until the end of the year. According to research, early investors interested in selling include Deutsche Bank and PayPal. » Mere på manager-magazin.de

Houlihan Lokey filed a prospectus supplement with the SEC enabling the potential resale of up to 365,078 class A common shares, which may be issued upon conversion of class B shares to former members of two acquired firms. The supplement covers 255,422 shares from the acquisition of Waller Helms Advisors and 109,656 shares from the acquisition of 7 Mile Advisors; all securities had previously been registered. The filing supplements a new S-3 registration dated August 10, 2026, and includes an opinion from law firm Latham & Watkins on relevant Delaware law issues. At the same time, Houlihan Lokey reported a miss for Q1 2027 driven by weaker corporate finance activity, but cited strong restructuring momentum and a resilient pipeline of engagements. » Mere på de.investing.com

The stock of Houlihan Lokey traded at $114.26 near its 52-week low after a close of $145.47 and is down about 26% year over year. Market capitalization $9.72 billion, P/E ratio 22.78, dividend yield 2%; the dividend has been increased for eleven consecutive years, according to InvestingPro. In the first fiscal quarter of 2027 the company missed expectations with adjusted earnings of $1.35 per share on revenue of $511 million (expectation: $1.69 / $620.08 million); corporate‑finance revenues fell 24%, mainly due to a 54% decline in the technology and software business. The restructuring business met expectations, the order pipeline and new mandates remain at record levels according to management, and the company is sticking to a target for the adjusted compensation ratio of 61.5%. » Mere på de.investing.com

The senior creditors of Dye & Durham have engaged Houlihan Lokey as financial adviser and retained Paul Hastings for legal counsel, while Silver Point Capital and KKR are part of the steering group. The creditors are initially holding talks on next steps with the software company rather than discussing concrete financing offers. A separate group of minority creditors could form under the lead of Hogan Lovells and Cadwalader, as the company comes under increasing financial pressure. » Mere på de.investing.com

Houlihan Lokey’s shares hit a new 52‑week low of $131.27, roughly 32.25% below last year’s level. Six analysts have recently lowered their earnings estimates, reflecting short‑term growth concerns and pressure on the share price. At the same time, the company announced the acquisition of Intrepid Financial Partners; BofA recommends the stock with a $164.00 price target, and InvestingPro currently rates the stock as below its fair value. » Mere på de.investing.com