HFF Inc. (HF) Shares Up 1.9%
Shares of HFF Inc. (NYSE:HF) shot up 1.9% during trading on Monday . The stock traded as high as $26.73 and last traded at $26.70, with a volume of 122,794 shares traded. The stock had previously closed at $26.19.
Several brokerages have commented on HF. Keefe, Bruyette & Woods lowered 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. Zacks Investment Research downgraded shares of HFF from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th. Finally, TheStreet upgraded shares of HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th.
The firm has a 50-day moving average of $28.38 and a 200-day moving average of $28.48. The firm has a market capitalization of $1.01 billion and a PE ratio of 12.39.
HFF (NYSE:HF) last announced its quarterly earnings data on Monday, July 25th. The company reported $0.41 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.51 by $0.10. Analysts expect that HFF Inc. will post $2.01 EPS for the current fiscal year.
In other news, Director Matthew D. Lawton sold 4,145 shares of the stock in a transaction that occurred on Wednesday, June 8th. The shares were sold at an average price of $33.13, for a total value of $137,323.85. Following the transaction, the director now owns 271,511 shares in the company, valued at approximately $8,995,159.43. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Matthew D. Lawton sold 25,000 shares of the stock in a transaction that occurred 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 completion of the transaction, the director now owns 285,656 shares in the company, valued at approximately $9,415,221.76. The disclosure for this sale can be found here.
Several institutional investors have modified their holdings of the company. Wells Fargo & Company MN boosted its position in shares of 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. Jennison Associates LLC boosted its position in shares of 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. Finally, Bank of Montreal Can boosted its position in shares of 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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