HFF Hits New 52-Week High at $38.23 (HF)
Shares of HFF (NYSE:HF) reached a new 52-week high during mid-day trading on Friday , ARN reports. The company traded as high as $38.23 and last traded at $38.15, with a volume of 170,300 shares trading hands. The stock had previously closed at $37.17.
Separately, analysts at Zacks downgraded shares of HFF from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $39.30 price target on the stock.
The stock has a 50-day moving average of $33.74 and a 200-day moving average of $31.31. The company has a market cap of $1.437 billion and a P/E ratio of 26.57.
HFF (NYSE:HF) last announced its earnings results on Tuesday, April 29th. The company reported $0.10 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.10. On average, analysts predict that HFF will post $1.61 earnings per share for the current fiscal year.
In other HFF news, Director John Fowler unloaded 10,000 shares of the company’s stock in a transaction that occurred on Friday, June 20th. The stock was sold at an average price of $34.71, for a total transaction of $347,100.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.