Alliancebernstein L.P. Has $1,522,000 Position in HFF, Inc. (HF)

Alliancebernstein L.P. held its position in HFF, Inc. (NYSE:HF) during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,000 shares of the financial services provider’s stock at the end of the first quarter. Alliancebernstein L.P. owned about 0.14% of HFF worth $1,522,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in HF. Great West Life Assurance Co. Can increased its position 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 valued at $1,320,000 after buying an additional 2,772 shares during the period. Kornitzer Capital Management Inc. KS increased its position in 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 period. Wells Fargo & Company MN increased its position in 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 period. First Bank & Trust increased its position in HFF by 4.6% in the first quarter. First Bank & Trust now owns 6,631 shares of the financial services provider’s stock valued at $183,000 after buying an additional 292 shares during the period. Finally, Old Mutual Global Investors UK Ltd. acquired a new position in shares of HFF during the first quarter valued at approximately $627,000. Institutional investors own 88.81% of the company’s stock.

Shares of HFF, Inc. (NYSE HF) traded down 0.17% during midday trading on Friday, hitting $36.10. The stock had a trading volume of 132,066 shares. The firm 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 cap of $1.39 billion, a PE ratio of 16.36 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 earnings per share 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 firm had revenue of $137.36 million for the quarter, compared to analyst estimates of $127.81 million. Equities analysts predict that HFF, Inc. will post $2.29 EPS for the current fiscal year.

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Several brokerages have recently commented on HF. BidaskClub downgraded HFF from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. ValuEngine downgraded HFF from a “buy” rating to a “hold” rating in a research report on Friday, June 2nd. Zacks Investment Research upgraded HFF from a “hold” rating to a “buy” rating and set a $41.00 price objective on the stock in a research report on Monday, July 31st. TheStreet downgraded HFF from a “b-” rating to a “c” rating in a research report on Wednesday, May 17th. Finally, Keefe, Bruyette & Woods restated a “hold” rating on shares of HFF in a research report on Wednesday, May 3rd. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and a consensus target price 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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