HFF, Inc. (HF) Position Decreased by Texan Capital Management

Texan Capital Management decreased its stake in HFF, Inc. (NYSE:HF) by 3.4% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 74,707 shares of the financial services provider’s stock after selling 2,595 shares during the quarter. HFF accounts for about 2.0% of Texan Capital Management’s investment portfolio, making the stock its 16th largest holding. Texan Capital Management owned 0.19% of HFF worth $2,955,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently added to or reduced their stakes in the stock. Pinebridge Investments L.P. boosted its position in shares of HFF by 1.9% in the 2nd quarter. Pinebridge Investments L.P. now owns 4,675 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 87 shares during the period. Oppenheimer Asset Management Inc. boosted its position in shares of HFF by 1.3% in the 2nd quarter. Oppenheimer Asset Management Inc. now owns 8,675 shares of the financial services provider’s stock valued at $302,000 after purchasing an additional 113 shares during the period. Municipal Employees Retirement System of Michigan boosted its position in shares of HFF by 1.2% in the 1st quarter. Municipal Employees Retirement System of Michigan now owns 10,740 shares of the financial services provider’s stock valued at $298,000 after purchasing an additional 130 shares during the period. Raymond James Financial Services Advisors Inc. boosted its position in shares of HFF by 1.2% in the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 12,548 shares of the financial services provider’s stock valued at $436,000 after purchasing an additional 150 shares during the period. Finally, Stanley Laman Group Ltd. boosted its position in shares of HFF by 1.2% in the 2nd quarter. Stanley Laman Group Ltd. now owns 15,275 shares of the financial services provider’s stock valued at $531,000 after purchasing an additional 178 shares during the period. Institutional investors and hedge funds own 88.90% of the company’s stock.

In other news, President Joe Thornton, Jr. sold 8,660 shares of the company’s stock in a transaction dated Wednesday, September 20th. The stock was sold at an average price of $37.88, for a total transaction of $328,040.80. Following the completion of the transaction, the president now directly owns 494,785 shares of the company’s stock, valued at $18,742,455.80. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, President Joe Thornton, Jr. sold 36,432 shares of the company’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 $1,354,906.08. Following the transaction, the president now directly owns 525,090 shares of the company’s stock, valued at $19,528,097.10. The disclosure for this sale can be found here. Insiders have sold 245,064 shares of company stock valued at $9,280,216 over the last ninety days. 5.70% of the stock is owned by insiders.

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Shares of HFF, Inc. (HF) traded down 1.45% during midday trading on Monday, reaching $42.88. The company’s stock had a trading volume of 24,067 shares. The stock has a 50-day moving average of $40.28 and a 200 day moving average of $35.31. The company has a market cap of $1.65 billion, a price-to-earnings ratio of 19.43 and a beta of 1.18. HFF, Inc. has a 12 month low of $25.79 and a 12 month high of $44.03.

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

A number of equities research analysts have commented on HF shares. BidaskClub lowered HFF from a “buy” rating to a “hold” rating in a research report on Wednesday, July 19th. Zacks Investment Research upgraded HFF from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research report on Monday, July 31st. Finally, ValuEngine upgraded HFF from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. One analyst has rated the stock with a sell rating, three have given a hold rating and three have given a buy rating to the stock. HFF presently has a consensus rating of “Hold” and an average price target of $34.50.

HFF 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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Institutional Ownership by Quarter for HFF (NYSE:HF)

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