Comerica Bank increased its stake in shares of HFF, Inc. (NYSE:HF) by 5.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 38,229 shares of the financial services provider’s stock after buying an additional 2,089 shares during the period. Comerica Bank owned 0.10% of HFF worth $1,106,000 as of its most recent filing with the SEC.
Several other institutional investors also recently made changes to their positions in HF. First Bank & Trust bought a new stake in shares of HFF during the fourth quarter valued at about $192,000. Municipal Employees Retirement System of Michigan increased its position in shares of HFF by 1.7% in the third quarter. Municipal Employees Retirement System of Michigan now owns 7,690 shares of the financial services provider’s stock valued at $213,000 after buying an additional 130 shares in the last quarter. Aperio Group LLC increased its position in shares of HFF by 9.5% in the third quarter. Aperio Group LLC now owns 9,164 shares of the financial services provider’s stock valued at $254,000 after buying an additional 794 shares in the last quarter. Russell Investments Group Ltd. purchased a new position in shares of HFF during the fourth quarter valued at approximately $324,000. Finally, BOKF NA boosted its stake in HFF by 8.3% in the third quarter. BOKF NA now owns 13,336 shares of the financial services provider’s stock worth $369,000 after buying an additional 1,025 shares during the last quarter. Institutional investors own 87.34% of the company’s stock.
Shares of HFF, Inc. (NYSE:HF) traded up 0.14% during midday trading on Friday, reaching $28.39. 94,277 shares of the company’s stock were exchanged. The firm has a 50-day moving average of $28.31 and a 200-day moving average of $28.74. HFF, Inc. has a 12-month low of $24.84 and a 12-month high of $34.39. The stock has a market capitalization of $1.09 billion, a P/E ratio of 14.27 and a beta of 1.41.
HFF (NYSE:HF) last posted its earnings results on Thursday, February 23rd. The financial services provider reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.77 by $0.07. The firm had revenue of $155.70 million for the quarter, compared to analysts’ expectations of $166.75 million. HFF had a net margin of 15.80% and a return on equity of 43.76%. Analysts anticipate that HFF, Inc. will post $1.97 EPS for the current fiscal year.
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A number of analysts have weighed in on the stock. Keefe, Bruyette & Woods reaffirmed a “hold” rating and set a $28.00 target price on shares of HFF in a research note on Tuesday, April 4th. William Blair cut shares of HFF from an “outperform” rating to a “market perform” rating in a research note on Friday, March 24th. Morgan Stanley cut shares of HFF from a “buy” rating to an “underweight” rating in a research report on Friday, March 17th. TheStreet raised shares of HFF from a “c” rating to a “b” rating in a research report on Wednesday, March 15th. Finally, Zacks Investment Research cut shares of HFF from a “hold” rating to a “sell” rating in a research report on Friday, February 24th. Two analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. HFF has an average rating of “Hold” and a consensus price target of $32.50.
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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