Published on 22 Mar 2024 on Insider Monkey via Yahoo Finance
Does Hamilton Lane (HLNE) Have Strong Earnings Growth?
ClearBridge Investments, an investment management company, released its “ClearBridge SMID Cap Growth Strategy” fourth quarter 2023 investor letter. A copy of the same can be downloaded here. The strategy outperformed the benchmark Russell 2500 Growth Index in the fourth quarter with strong stock selection in the information technology ('IT') and consumer discretionary sectors overcoming detractors in the consumer staples sector. In addition, please check the fund’s top five holdings to know its best picks in 2023.
ClearBridge SMID Cap Growth Strategy featured stocks like Hamilton Lane Incorporated (NASDAQ:HLNE) in its Q4 2023 investor letter. Based in Conshohocken, Pennsylvania, Hamilton Lane Incorporated (NASDAQ:HLNE) is a private equity firm. On March 21, 2024, Hamilton Lane Incorporated (NASDAQ:HLNE) stock closed at $108.97 per share. One-month return of Hamilton Lane Incorporated (NASDAQ:HLNE) was -8.47%, and its shares gained 53.18% of their value over the last 52 weeks. Hamilton Lane Incorporated (NASDAQ:HLNE) has a market capitalization of $6.088 billion.
ClearBridge SMID Cap Growth Strategy stated the following regarding Hamilton Lane Incorporated (NASDAQ:HLNE) in its fourth quarter 2023 investor letter: