Stock Monitor: Interactive Brokers Group Post Earnings Reporting
LONDON, UK / ACCESSWIRE / January 18, 2018 / Active-Investors.com has just released a free research report on Houlihan Lokey, Inc. (NYSE: HLI). If you want access to this report all you need to do is sign up now by clicking the following link www.active-investors.com/registration-sg/?symbol=HLI as the Company's latest news hit the wire. On January 16, 2018, the Company declared that it has entered into a definitive agreement to acquire Quayle Munro Ltd, an independent corporate finance advisory firm. The financial details of the agreement remained undisclosed. Register today and get access to over 1000 Free Research Reports by joining our site below:
www.active-investors.com/registration-sg
Active-Investors.com is currently working on the research report for Interactive Brokers Group, Inc. (NASDAQ: IBKR), which also belongs to the Financial sector as the Company Houlihan Lokey. Do not miss out and become a member today for free to access this upcoming report at:
www.active-investors.com/registration-sg/?symbol=IBKR
Active-Investors.com is focused on giving you timely information and the inside line on companies that matter to you. This morning, Houlihan Lokey most recent news is on our radar and our team decided to put out a fantastic report on the company that is now available for free below:
www.active-investors.com/registration-sg/?symbol=HLI
Agreement Insights
The transaction is subject to certain customary conditions and other regulatory approvals. Houlihan Lokey will establish a Data & Analytics Group, which will be headed by Andrew Adams, the Chief Executive Officer (CEO) of Quayle Munro. He will also serve as Co-Head of Houlihan Lokey's UK Corporate Finance business.
Strategic Benefits
Quayle Munro will add a new capability in data and analytics, thereby expanding Houlihan Lokey's financial institutions focus outside the United States. The agreement will also enable the latter to build its presence in the financial technology and education sectors in Europe. The acquisition is likely to add 40 financial advisers to Houlihan Lokey.
Houlihan Lokey Possesses Strong Cultural Compatibility with Quayle Munro
Commenting on the acquisition, Andrew Adams stated that in addition to comprehensive global presence, extensive private equity coverage, and broad sector expertise, Houlihan Lokey possesses a strong cultural compatibility with the Quayle Munro team that will ensure both a smooth, successful integration and rapid value enhancement for clients of both firms.
Houlihan Lokey's Acquisitions of European Businesses
In 2015, the firm carried out a couple of important European acquisitions. In September 2015, Houlihan Lokey acquired McQueen Ltd, a leading London-based independent advisory firm that provided corporate finance and other strategic advisory services to clients in the consumer sector. Houlihan Lokey acquired the investment banking operations of Leonardo & Co. N.V. in Germany, the Netherlands, and Spain and became a minority partner in a joint venture with the management team of Leonardo, in respect of Leonardo's investment banking operations in Italy, in November 2015. The acquisitions helped the firm to expand its business in Europe. It also added a world-class team of financial professionals to Houlihan Lokey's team.
Houlihan Lokey's Last Acquisition Agreement
On January 18, 2017, Houlihan Lokey acquired Black Stone IP LLC ("BSIP"), a leading boutique investment bank focused on valuing and trading patent and other intellectual property (IP) assets. The terms of the transaction were not disclosed. Post the acquisition, BSIP became part of Houlihan Lokey's Financial Advisory Services, operating as the Tech+IP Advisory practice.
About Houlihan Lokey, Inc.
Established in 1972, Houlihan Lokey is a global investment bank with expertise in mergers and acquisitions, capital markets, valuation, financial restructuring, and strategic consulting. Headquartered in Los Angeles, California, the firm serves corporations, institutions, and governments worldwide with offices in the United States, Europe, and the Asia/Pacific region.
About Quayle Munro Ltd.
Founded in 1983 and based in London, United Kingdom, Quayle Munro is an independent mergers and acquisitions advisory firm, specializing in providing high quality, relationship-based advice across a broad range of verticals to clients whose businesses are underpinned by data and analytics, content, software, and services.
Stock Performance Snapshot
January 17, 2018 - At Wednesday's closing bell, Houlihan Lokey's stock was slightly up 0.16%, ending the trading session at $50.22.
Volume traded for the day: 222.14 thousand shares.
Stock performance in the last month - up 10.45%; previous three-month period – up 24.09%; past twelve-month period - up 65.69%; and year-to-date - up 10.54%
After yesterday's close, Houlihan Lokey's market cap was at $3.34 billion.
Price to Earnings (P/E) ratio was at 23.76.
The stock has a dividend yield of 1.59%.
The stock is part of the Financial sector, categorized under the Investment Brokerage - National industry. This sector was up 1.0% at the end of the session.
Active-Investors:
Active-Investors (A-I) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and Canadian stocks. A-I has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles, and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
A-I has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third-party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email info@active-investors.com. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by A-I. A-I is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
NO WARRANTY
A-I, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. A-I, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, A-I, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither A-I nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit http://active-investors.com/legal-disclaimer/.
CONTACT
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: info@active-investors.com
Phone number: 73 29 92 6381
Office Address: 6, Jalan Kia Peng, Kuala Lumpur, 50450 Kuala Lumpur, Wilayah Persekutuan Kuala Lumpur, Malaysia
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE: Active-Investors
