HFF (HF) Stock Rating Upgraded by ValuEngine

HFF (NYSE:HF) was upgraded by investment analysts at ValuEngine from a “hold” rating to a “buy” rating in a note issued to investors on Thursday.

A number of other equities analysts also recently issued reports on the company. William Blair reiterated a “market perform” rating on shares of HFF in a research note on Thursday, February 1st. JMP Securities downgraded HFF from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 24th. Finally, Zacks Investment Research downgraded HFF from a “buy” rating to a “hold” rating in a research note on Wednesday, January 3rd. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company’s stock. HFF presently has a consensus rating of “Hold” and an average price target of $38.50.

HFF (NYSE:HF) traded down $0.56 during mid-day trading on Thursday, reaching $43.40. The company’s stock had a trading volume of 313,886 shares, compared to its average volume of 240,455. The firm has a market cap of $1,762.31, a P/E ratio of 19.46 and a beta of 1.01. HFF has a fifty-two week low of $25.79 and a fifty-two week high of $51.74.

In other news, insider Michael Tepedino sold 8,943 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $43.83, for a total value of $391,971.69. Following the transaction, the insider now owns 151,481 shares in the company, valued at approximately $6,639,412.23. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Zarraga Manuel A. De sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was sold at an average price of $44.19, for a total value of $1,767,600.00. Following the completion of the transaction, the director now owns 227,923 shares in the company, valued at approximately $10,071,917.37. The disclosure for this sale can be found here. Insiders sold a total of 113,959 shares of company stock worth $5,061,936 in the last 90 days. Company insiders own 5.70% of the company’s stock.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Kayne Anderson Rudnick Investment Management LLC lifted its stake in HFF by 10.0% in the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,569,569 shares of the financial services provider’s stock valued at $220,332,000 after purchasing an additional 504,994 shares during the last quarter. Vanguard Group Inc. lifted its stake in HFF by 2.8% in the second quarter. Vanguard Group Inc. now owns 3,349,230 shares of the financial services provider’s stock valued at $116,454,000 after purchasing an additional 90,726 shares during the last quarter. Wasatch Advisors Inc. lifted its stake in HFF by 6.5% in the second quarter. Wasatch Advisors Inc. now owns 2,328,213 shares of the financial services provider’s stock valued at $80,952,000 after purchasing an additional 141,632 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in HFF by 4.0% in the third quarter. Dimensional Fund Advisors LP now owns 1,582,768 shares of the financial services provider’s stock valued at $62,614,000 after purchasing an additional 60,426 shares during the last quarter. Finally, Wells Fargo & Company MN lifted its stake in HFF by 1.3% in the fourth quarter. Wells Fargo & Company MN now owns 1,113,074 shares of the financial services provider’s stock valued at $54,140,000 after purchasing an additional 13,978 shares during the last quarter. Hedge funds and other institutional investors own 88.20% of the company’s stock.

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About HFF

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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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