HFF, Inc. (HF) Stake Boosted by Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp
Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its position in HFF, Inc. (NYSE:HF) by 104.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 47,100 shares of the financial services provider’s stock after purchasing an additional 24,100 shares during the quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp owned approximately 0.12% of HFF worth $1,562,000 as of its most recent SEC filing.
Other large investors have also recently added to or reduced their stakes in the company. Riverview Trust Co bought a new position in HFF during the fourth quarter worth $44,000. Huntington National Bank bought a new position in HFF during the fourth quarter worth $61,000. Advisor Group Inc. increased its position in HFF by 13.2% during the fourth quarter. Advisor Group Inc. now owns 2,742 shares of the financial services provider’s stock worth $91,000 after acquiring an additional 319 shares during the period. Bremer Trust National Association bought a new position in HFF during the fourth quarter worth $93,000. Finally, Russell Investments Group Ltd. bought a new position in HFF during the third quarter worth $196,000. 88.18% of the stock is currently owned by institutional investors.
A number of brokerages recently issued reports on HF. Zacks Investment Research lowered shares of HFF from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th. TheStreet raised shares of HFF from a “c+” rating to a “b” rating in a research report on Monday, December 17th.
HFF (NYSE:HF) last announced its quarterly earnings results on Thursday, February 21st. The financial services provider reported $1.11 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.04 by $0.07. The firm had revenue of $215.30 million for the quarter, compared to analyst estimates of $190.10 million. HFF had a net margin of 17.52% and a return on equity of 39.16%. On average, equities research analysts forecast that HFF, Inc. will post 2.76 earnings per share for the current fiscal year.
The firm also recently declared a special dividend, which was paid on Wednesday, February 27th. Shareholders of record on Monday, February 11th were issued a $1.75 dividend. The ex-dividend date of this dividend was Friday, February 8th.
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HFF, Inc provides commercial real estate and capital market services to the consumers and providers of capital in the commercial real estate industry in the United States. The company offers debt placement services, such as construction and construction/mini-permanent loans, adjustable and fixed rate mortgages, bridge loans, entity level and mezzanine debts, forward delivery loans, and tax exempt and sale/leaseback financing to the owners of various properties comprising office, retail, industrial, hotel, multi-housing, student housing, self-storage, nursing homes, condominiums and condominium conversions, mixed-use properties, and land, as well as senior, independent, and assisted living facilities.
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