HFF Inc. (HF) Sees Unusually-High Trading Volume
Shares of HFF Inc. (NYSE:HF) saw unusually-high trading volume on Friday . Approximately 174,634 shares changed hands during mid-day trading, a decline of 3% from the previous session’s volume of 179,406 shares.The stock last traded at $26.15 and had previously closed at $26.01.
HF has been the topic of several research reports. TheStreet raised shares of HFF from a “hold” rating to a “buy” rating in a research report on Monday, July 25th. Zacks Investment Research cut shares of HFF from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 28th. Finally, Keefe, Bruyette & Woods cut their price objective on shares of HFF from $32.00 to $30.00 and set a “market perform” rating on the stock in a research report on Wednesday, July 27th.
The firm has a market cap of $992.04 million and a PE ratio of 12.13. The company has a 50 day moving average of $28.20 and a 200 day moving average of $28.48.
HFF (NYSE:HF) last announced its quarterly earnings results on Monday, July 25th. The company reported $0.41 earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.10. Equities analysts anticipate that HFF Inc. will post $2.02 earnings per share for the current fiscal year.
In other news, Director Matthew D. Lawton sold 4,145 shares of the stock in a transaction on Wednesday, June 8th. The shares were sold at an average price of $33.13, for a total transaction of $137,323.85. Following the completion of the sale, the director now directly owns 271,511 shares in the company, valued at $8,995,159.43. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Matthew D. Lawton sold 25,000 shares of the stock in a transaction on Tuesday, June 7th. The stock was sold at an average price of $32.96, for a total transaction of $824,000.00. Following the sale, the director now owns 285,656 shares of the company’s stock, valued at $9,415,221.76. The disclosure for this sale can be found here.
Other large investors have recently bought and sold shares of the company. Jennison Associates LLC boosted its stake in HFF by 87.0% in the fourth quarter. Jennison Associates LLC now owns 34,425 shares of the company’s stock valued at $1,070,000 after buying an additional 16,014 shares during the period. Wells Fargo & Company MN boosted 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 valued at $14,914,000 after buying an additional 209,812 shares during the period. Finally, Bank of Montreal Can boosted 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 valued at $1,373,000 after buying an additional 15,017 shares during the period.
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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