State Street Corp increased its position in HFF, Inc. (NYSE:HF) by 3.3% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 892,592 shares of the financial services provider’s stock after buying an additional 28,362 shares during the period. State Street Corp owned about 2.31% of HFF worth $24,697,000 at the end of the most recent reporting period.
Several other institutional investors also recently made changes to their positions in HF. State of Alaska Department of Revenue increased its position in shares of HFF by 2.4% in the first quarter. State of Alaska Department of Revenue now owns 3,880 shares of the financial services provider’s stock worth $107,000 after buying an additional 90 shares in the last quarter. First Bank & Trust increased its stake in HFF by 4.6% in the first quarter. First Bank & Trust now owns 6,631 shares of the financial services provider’s stock worth $183,000 after buying an additional 292 shares during the period. BNP Paribas Arbitrage SA increased its stake in HFF by 10.6% in the first quarter. BNP Paribas Arbitrage SA now owns 7,064 shares of the financial services provider’s stock worth $195,000 after buying an additional 678 shares during the period. Mason Street Advisors LLC increased its stake in HFF by 7.4% in the first quarter. Mason Street Advisors LLC now owns 8,224 shares of the financial services provider’s stock worth $228,000 after buying an additional 567 shares during the period. Finally, Oppenheimer Asset Management Inc. acquired a new stake in HFF during the first quarter worth $237,000. 88.81% of the stock is owned by institutional investors.
HFF, Inc. (NYSE:HF) opened at 36.10 on Friday. HFF, Inc. has a one year low of $24.84 and a one year high of $38.30. The firm has a market cap of $1.39 billion, a PE ratio of 16.36 and a beta of 1.21. The company’s 50-day moving average is $36.02 and its 200-day moving average is $31.64.
HFF (NYSE:HF) last posted its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.40 by $0.09. HFF had a net margin of 15.51% and a return on equity of 40.20%. The business had revenue of $137.36 million during the quarter, compared to the consensus estimate of $127.81 million. On average, analysts forecast that HFF, Inc. will post $2.29 earnings per share for the current fiscal year.
A number of equities research analysts recently weighed in on HF shares. TheStreet downgraded shares of HFF from a “b-” rating to a “c” rating in a research note on Wednesday, May 17th. Zacks Investment Research downgraded shares of HFF from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 27th. ValuEngine downgraded shares of HFF from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. BidaskClub raised shares of HFF from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, June 28th. Finally, Keefe, Bruyette & Woods reissued a “hold” rating on shares of HFF in a research note on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the stock. HFF currently has an average rating of “Hold” and a consensus price target 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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