Vanguard Group Inc. boosted its stake in HFF, Inc. (NYSE:HF) by 5.8% during the first quarter, according to its most recent filing with the SEC. The institutional investor owned 3,258,504 shares of the financial services provider’s stock after buying an additional 177,939 shares during the period. Vanguard Group Inc. owned 8.47% of HFF worth $90,162,000 at the end of the most recent quarter.
Several other institutional investors have also recently bought and sold shares of HF. Wells Fargo & Company MN boosted its position in HFF by 1.1% in the first quarter. Wells Fargo & Company MN now owns 933,037 shares of the financial services provider’s stock valued at $25,818,000 after buying an additional 9,878 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in HFF during the fourth quarter valued at approximately $324,000. JPMorgan Chase & Co. boosted its position in HFF by 10.4% in the first quarter. JPMorgan Chase & Co. now owns 2,804,217 shares of the financial services provider’s stock valued at $77,593,000 after buying an additional 265,234 shares in the last quarter. Thrivent Financial For Lutherans boosted its position in HFF by 0.4% in the first quarter. Thrivent Financial For Lutherans now owns 224,000 shares of the financial services provider’s stock valued at $6,198,000 after buying an additional 990 shares in the last quarter. Finally, Swiss National Bank boosted its stake in HFF by 2.8% in the first quarter. Swiss National Bank now owns 59,600 shares of the financial services provider’s stock worth $1,649,000 after buying an additional 1,600 shares during the period. 88.81% of the stock is currently owned by hedge funds and other institutional investors.
Shares of HFF, Inc. (HF) opened at 36.10 on Friday. The firm has a 50-day moving average of $36.02 and a 200-day moving average of $31.64. The stock has a market cap of $1.39 billion, a PE ratio of 16.36 and a beta of 1.21. HFF, Inc. has a one year low of $24.84 and a one year high of $38.30.
HFF (NYSE:HF) last issued its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.40 by $0.09. HFF had a net margin of 15.51% and a return on equity of 40.20%. The firm had revenue of $137.36 million for the quarter, compared to the consensus estimate of $127.81 million. On average, equities research analysts expect that HFF, Inc. will post $2.29 earnings per share for the current fiscal year.
A number of equities research analysts recently commented on HF shares. Zacks Investment Research raised shares of HFF from a “sell” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Friday, April 28th. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of HFF in a research note on Wednesday, May 3rd. TheStreet lowered shares of HFF from a “b-” rating to a “c” rating in a research report on Wednesday, May 17th. ValuEngine downgraded shares of HFF from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Finally, BidaskClub raised shares of HFF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 28th. One analyst has rated the stock with a sell rating, three have issued a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $34.50.
HFF Company Profile
HFF, Inc is a holding company. The Company holds the partnership interests in Holliday Fenoglio Fowler, L.P. and HFF Securities L.P. (together, the Operating Partnerships), held through the subsidiary HFF Partnership Holdings, LLC, and all of the outstanding shares of Holliday GP Corp. (Holliday GP).
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