HFF, Inc. (HF) Holdings Trimmed by Goldman Sachs Group Inc.

Goldman Sachs Group Inc. cut its holdings in shares of HFF, Inc. (NYSE:HF) by 40.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 747,599 shares of the financial services provider’s stock after selling 500,129 shares during the period. Goldman Sachs Group Inc. owned approximately 1.94% of HFF worth $25,994,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of HF. First Trust Advisors LP bought a new position in HFF during the first quarter worth about $722,000. Bank of New York Mellon Corp lifted its holdings in HFF by 3.3% during 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 acquiring an additional 19,310 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in HFF by 10.6% during the first quarter. BNP Paribas Arbitrage SA now owns 7,064 shares of the financial services provider’s stock worth $195,000 after acquiring an additional 678 shares in the last quarter. Comerica Bank lifted its holdings in HFF by 4.4% during the first quarter. Comerica Bank now owns 39,903 shares of the financial services provider’s stock worth $1,272,000 after acquiring an additional 1,674 shares in the last quarter. Finally, Swiss National Bank lifted its holdings in HFF by 2.8% during the first quarter. Swiss National Bank now owns 59,600 shares of the financial services provider’s stock worth $1,649,000 after acquiring an additional 1,600 shares in the last quarter. Hedge funds and other institutional investors own 87.11% of the company’s stock.

In other news, CEO Mark Gibson sold 37,331 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $37.19, for a total value of $1,388,339.89. Following the completion of the sale, the chief executive officer now directly owns 518,956 shares in the company, valued at approximately $19,299,973.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Joe Thornton, Jr. sold 36,432 shares of the firm’s stock in a transaction dated Tuesday, September 19th. The shares were sold at an average price of $37.19, for a total value of $1,354,906.08. Following the completion of the sale, the president now owns 525,090 shares of the company’s stock, valued at $19,528,097.10. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 245,064 shares of company stock valued at $9,280,216. 5.70% of the stock is currently owned by company insiders.

Shares of HFF, Inc. (NYSE:HF) opened at 41.60 on Thursday. The company has a market capitalization of $1.60 billion, a price-to-earnings ratio of 18.85 and a beta of 1.18. HFF, Inc. has a one year low of $24.84 and a one year high of $41.85. The stock has a 50 day moving average price of $38.48 and a 200-day moving average price of $33.97.

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

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A number of analysts have recently commented on HF shares. Zacks Investment Research lowered HFF from a “buy” rating to a “hold” rating in a report on Tuesday, August 1st. BidaskClub upgraded HFF from a “hold” rating to a “buy” rating in a report on Tuesday, July 25th. Finally, ValuEngine upgraded HFF from a “hold” rating to a “buy” rating in a report on Thursday, July 6th. One analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the stock. The company currently 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).

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Institutional Ownership by Quarter for HFF (NYSE:HF)

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