Capstone Asset Management Co. acquired a new position in HFF, Inc. (NYSE:HF) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,220 shares of the financial services provider’s stock, valued at approximately $216,000.
Other hedge funds have also recently bought and sold shares of the company. Bank of New York Mellon Corp increased its stake in HFF by 3.3% in the first quarter. Bank of New York Mellon Corp now owns 608,771 shares of the financial services provider’s stock worth $16,845,000 after buying an additional 19,310 shares in the last quarter. Bbva Compass Bancshares Inc. increased its stake in HFF by 19.2% in the first quarter. Bbva Compass Bancshares Inc. now owns 34,177 shares of the financial services provider’s stock worth $946,000 after buying an additional 5,504 shares in the last quarter. First Trust Advisors LP purchased a new stake in HFF during the first quarter worth approximately $722,000. Prescott Group Capital Management L.L.C. increased its stake in 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 in the last quarter. Finally, Great West Life Assurance Co. Can increased its stake in HFF by 6.2% in the first quarter. Great West Life Assurance Co. Can now owns 47,774 shares of the financial services provider’s stock worth $1,320,000 after buying an additional 2,772 shares in the last quarter. 88.81% of the stock is currently owned by institutional investors.
Shares of HFF, Inc. (NYSE HF) traded up 0.08% during midday trading on Monday, hitting $36.13. The stock had a trading volume of 44,323 shares. The stock has a 50 day moving average price of $36.02 and a 200-day moving average price of $31.64. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of 16.37 and a beta of 1.21. HFF, Inc. has a 52 week low of $24.84 and a 52 week high of $38.30.
HFF (NYSE:HF) last issued its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.49 EPS for the quarter, beating the Zacks’ 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 for the quarter, compared to analysts’ expectations of $127.81 million. Equities research analysts anticipate that HFF, Inc. will post $2.29 earnings per share for the current year.
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A number of analysts have recently commented on the company. Zacks Investment Research downgraded HFF from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub raised HFF from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. ValuEngine raised HFF from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of HFF in a research note on Wednesday, May 3rd. Finally, TheStreet downgraded HFF from a “b-” rating to a “c” rating in a research note on Wednesday, May 17th. One equities research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the company’s stock. The stock presently has a consensus 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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