Schwab Charles Investment Management Inc. Has $4.39 Million Position in HFF, Inc. (HF)

Schwab Charles Investment Management Inc. boosted its position in shares of HFF, Inc. (NYSE:HF) by 5.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 158,705 shares of the financial services provider’s stock after buying an additional 8,520 shares during the period. Schwab Charles Investment Management Inc. owned 0.41% of HFF worth $4,392,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. First Trust Advisors LP bought a new stake in shares of HFF during the first quarter valued at approximately $722,000. Prescott Group Capital Management L.L.C. raised its stake 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 valued at $523,000 after buying an additional 176 shares during the last quarter. Great West Life Assurance Co. Can raised its stake in shares of 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 valued at $1,320,000 after buying an additional 2,772 shares during the last quarter. Kornitzer Capital Management Inc. KS raised its stake in shares of HFF by 161.4% in the first quarter. Kornitzer Capital Management Inc. KS now owns 167,890 shares of the financial services provider’s stock valued at $4,646,000 after buying an additional 103,670 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of HFF by 1.1% in the first quarter. Wells Fargo & Company MN now owns 933,037 shares of the financial services provider’s stock valued at $25,818,000 after buying an additional 9,878 shares during the last quarter. Hedge funds and other institutional investors own 88.81% of the company’s stock.

Shares of HFF, Inc. (NYSE HF) traded up 1.01% on Monday, reaching $37.02. 11,201 shares of the company traded hands. The company has a market capitalization of $1.43 billion, a PE ratio of 16.77 and a beta of 1.21. HFF, Inc. has a 52-week low of $24.84 and a 52-week high of $38.30. The firm has a 50-day moving average of $35.67 and a 200-day moving average of $31.39.

HFF (NYSE:HF) last released its quarterly earnings results on Thursday, July 27th. The financial services provider reported $0.49 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.40 by $0.09. HFF had a return on equity of 40.20% and a net margin of 15.51%. The business had revenue of $137.36 million during the quarter, compared to analyst estimates of $127.81 million. On average, equities research analysts forecast that HFF, Inc. will post $2.29 earnings per share for the current fiscal year.

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Several equities research analysts have commented on HF shares. Zacks Investment Research upgraded shares of HFF from a “sell” rating to a “buy” rating and set a $36.00 target price on the stock in a research report on Friday, April 28th. Keefe, Bruyette & Woods reiterated a “hold” rating on shares of HFF in a research report on Wednesday, May 3rd. TheStreet lowered shares of HFF from a “b-” rating to a “c” rating in a research report on Wednesday, May 17th. ValuEngine lowered shares of HFF from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Finally, BidaskClub upgraded shares of HFF from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average price target of $34.50.

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).

Institutional Ownership by Quarter for HFF (NYSE:HF)

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