Principal Financial Group Inc. Acquires 6,429 Shares of HFF, Inc. (HF)

Principal Financial Group Inc. grew its position in shares of HFF, Inc. (NYSE:HF) by 2.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 276,348 shares of the financial services provider’s stock after acquiring an additional 6,429 shares during the quarter. Principal Financial Group Inc. owned about 0.72% of HFF worth $10,932,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Prudential Financial Inc. boosted its holdings in shares of HFF by 16.2% during the third quarter. Prudential Financial Inc. now owns 224,425 shares of the financial services provider’s stock valued at $8,879,000 after acquiring an additional 31,290 shares during the period. American Century Companies Inc. boosted its holdings in shares of HFF by 553.6% during the third quarter. American Century Companies Inc. now owns 55,236 shares of the financial services provider’s stock valued at $2,185,000 after acquiring an additional 46,785 shares during the period. Crossmark Global Holdings Inc. acquired a new position in shares of HFF during the third quarter valued at $256,000. Aperio Group LLC boosted its holdings in shares of HFF by 12.1% during the third quarter. Aperio Group LLC now owns 11,214 shares of the financial services provider’s stock valued at $444,000 after acquiring an additional 1,207 shares during the period. Finally, First Trust Advisors LP acquired a new position in shares of HFF during the third quarter valued at $1,996,000. 88.01% of the stock is owned by institutional investors.

Separately, Zacks Investment Research raised shares of HFF from a “hold” rating to a “buy” rating and set a $49.00 price target for the company in a report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The company currently has an average rating of “Hold” and an average target price of $38.50.

In related news, insider Gerard T. Sansosti sold 15,750 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $44.08, for a total value of $694,260.00. Following the completion of the sale, the insider now owns 118,095 shares of the company’s stock, valued at $5,205,627.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, President Joe Thornton, Jr. sold 14,787 shares of the company’s stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $37.33, for a total transaction of $551,998.71. Following the completion of the sale, the president now directly owns 525,090 shares of the company’s stock, valued at approximately $19,601,609.70. The disclosure for this sale can be found here. In the last three months, insiders have sold 302,658 shares of company stock valued at $11,849,092. Corporate insiders own 5.70% of the company’s stock.

HFF, Inc. (NYSE HF) opened at $44.78 on Friday. HFF, Inc. has a 1-year low of $25.79 and a 1-year high of $46.45. The stock has a market cap of $1,727.61, a price-to-earnings ratio of 20.08 and a beta of 1.16.

TRADEMARK VIOLATION WARNING: This report was first published by Community Financial News and is owned by of Community Financial News. If you are accessing this report on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this report can be read at https://www.com-unik.info/2017/12/03/principal-financial-group-inc-acquires-6429-shares-of-hff-inc-hf.html.

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).

Institutional Ownership by Quarter for HFF (NYSE:HF)

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