TheStreet Downgrades HFF, Inc. (HF) to C
HFF, Inc. (NYSE:HF) was downgraded by TheStreet from a “b-” rating to a “c” rating in a research note issued to investors on Wednesday.
A number of other equities research analysts have also weighed in on HF. Zacks Investment Research raised shares of HFF from a “sell” rating to a “buy” rating and set a $36.00 target price on the stock in a report on Friday, April 28th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of HFF in a report on Wednesday, May 3rd. Morgan Stanley lowered shares of HFF from a “buy” rating to an “underweight” rating in a report on Friday, March 17th. Finally, William Blair lowered shares of HFF from an “outperform” rating to a “market perform” rating in a report on Friday, March 24th. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The company has an average rating of “Hold” and an average price target of $32.00.
Shares of HFF (NYSE:HF) remained flat at $30.26 during midday trading on Wednesday. The company’s stock had a trading volume of 54,563 shares. The company has a 50 day moving average of $29.10 and a 200-day moving average of $29.37. The company has a market capitalization of $1.17 billion, a PE ratio of 14.22 and a beta of 1.41. HFF has a 52 week low of $24.84 and a 52 week high of $33.35.
HFF (NYSE:HF) last posted its earnings results on Wednesday, April 26th. The financial services provider reported $0.50 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.31 by $0.19. HFF had a net margin of 15.80% and a return on equity of 43.76%. The firm had revenue of $138.81 million for the quarter, compared to analyst estimates of $124.68 million. Equities analysts expect that HFF will post $2.19 EPS for the current year.
In other news, insider Matthew D. Lawton sold 16,335 shares of the business’s stock in a transaction that occurred on Monday, May 1st. The shares were sold at an average price of $31.55, for a total value of $515,369.25. Following the transaction, the insider now owns 268,576 shares in the company, valued at approximately $8,473,572.80. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 7.40% of the company’s stock.
Several hedge funds and other institutional investors have recently modified their holdings of the company. Dimensional Fund Advisors LP increased its position in shares of HFF by 0.6% in the fourth quarter. Dimensional Fund Advisors LP now owns 1,425,987 shares of the financial services provider’s stock worth $43,136,000 after buying an additional 8,763 shares during the period. Renaissance Technologies LLC increased its position in shares of HFF by 4.6% in the fourth quarter. Renaissance Technologies LLC now owns 505,000 shares of the financial services provider’s stock worth $15,276,000 after buying an additional 22,200 shares during the period. Rhumbline Advisers increased its position in shares of HFF by 2.4% in the third quarter. Rhumbline Advisers now owns 47,775 shares of the financial services provider’s stock worth $1,323,000 after buying an additional 1,115 shares during the period. Prescott Group Capital Management L.L.C. increased its position in shares of HFF by 0.9% in the first quarter. Prescott Group Capital Management L.L.C. now owns 18,909 shares of the financial services provider’s stock worth $523,000 after buying an additional 176 shares during the period. Finally, Russell Investments Group Ltd. purchased a new position in shares of HFF during the fourth quarter worth about $324,000. Hedge funds and other institutional investors own 87.34% of the company’s stock.
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).
Receive News & Ratings for HFF Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HFF Inc. and related companies with MarketBeat.com's FREE daily email newsletter.