HFF Inc. (HF) Shares Down 1.9%
HFF Inc. (NYSE:HF) shares traded down 1.9% during mid-day 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 research analysts recently issued reports on the stock. Zacks Investment Research lowered shares of HFF from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th. TheStreet upgraded shares of HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Finally, Keefe, Bruyette & Woods decreased 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.
The firm’s 50 day moving average price is $28.21 and its 200-day moving average price is $28.46. The stock has a market capitalization of $990.51 million and a price-to-earnings ratio of 12.11.
HFF (NYSE:HF) last issued 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. Equities research analysts predict that HFF Inc. will post $2.02 earnings per share for the current year.
In other news, Director Matthew D. Lawton sold 25,000 shares of the company’s stock in a transaction dated Tuesday, June 7th. The shares were sold at an average price of $32.96, for a total transaction of $824,000.00. Following the transaction, the director now owns 285,656 shares in the company, valued at $9,415,221.76. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Matthew D. Lawton sold 4,145 shares of the company’s stock in a transaction dated Wednesday, June 8th. The shares were sold at an average price of $33.13, for a total transaction 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 disclosure for this sale can be found here.
Several institutional investors recently bought and sold shares of the stock. Wells Fargo & Company MN increased its position 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. 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 valued at $1,070,000 after buying an additional 16,014 shares in the last quarter. Finally, 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 valued at $1,373,000 after buying an additional 15,017 shares in 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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