HFF Inc. (HF) Trading Down 1.9%
HFF Inc. (NYSE:HF)’s share price traded down 1.9% during trading on Thursday . The stock traded as low as $25.90 and last traded at $25.94, with a volume of 123,124 shares traded. The stock had previously closed at $26.44.
Several equities analysts have commented on the stock. Keefe, Bruyette & Woods dropped their price target on shares of HFF from $32.00 to $30.00 and set a “market perform” rating for the company in a research note on Wednesday, July 27th. TheStreet upgraded shares of HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Finally, Zacks Investment Research downgraded shares of HFF from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th.
The company has a 50-day moving average price of $28.20 and a 200 day moving average price of $28.48. The stock has a market capitalization of $992.04 million and a PE ratio of 12.13.
HFF (NYSE:HF) last announced its earnings results on Monday, July 25th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.51 by $0.10. Analysts expect that HFF Inc. will post $2.02 EPS for the current year.
In other news, CEO Mark Gibson sold 2,039 shares of the firm’s stock in a transaction on Monday, August 15th. The shares were sold at an average price of $27.67, for a total value of $56,419.13. Following the transaction, the chief executive officer now owns 538,775 shares of the company’s stock, valued at approximately $14,907,904.25. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, President Joe Thornton, Jr. sold 36,469 shares of the firm’s stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $29.53, for a total transaction of $1,076,929.57. Following the completion of the transaction, the president now directly owns 746,417 shares in the company, valued at approximately $22,041,694.01. The disclosure for this sale can be found here.
A number of large investors have recently added to or reduced their stakes in the stock. Jennison Associates LLC raised its stake in HFF by 87.0% in the fourth quarter. Jennison Associates LLC now owns 34,425 shares of the company’s stock worth $1,070,000 after buying an additional 16,014 shares during the last quarter. Bank of Montreal Can raised its stake in HFF by 51.5% in the fourth quarter. Bank of Montreal Can now owns 44,183 shares of the company’s stock worth $1,373,000 after buying an additional 15,017 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in HFF by 77.6% in the fourth quarter. Wells Fargo & Company MN now owns 480,030 shares of the company’s stock worth $14,914,000 after buying an additional 209,812 shares during the last quarter.
HFF, Inc is a provider of commercial real estate and capital markets services to both the users and providers of capital in the United States commercial real estate industry. The Company offers capital markets services, including debt placement; investment sales; distressed debt and real estate owned advisory services; equity placement; investment banking and advisory services; loan sales, and commercial loan servicing.
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