John Fowler Sells 15,000 Shares of HFF, Inc. (HF) Stock
HFF, Inc. (NYSE:HF) Director John Fowler sold 15,000 shares of HFF stock in a transaction that occurred on Tuesday, March 20th. The shares were sold at an average price of $48.63, for a total value of $729,450.00. Following the completion of the transaction, the director now owns 217,860 shares of the company’s stock, valued at $10,594,531.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Shares of HFF stock traded down $0.39 during trading hours on Thursday, reaching $48.78. The company had a trading volume of 7,007 shares, compared to its average volume of 251,788. HFF, Inc. has a 1 year low of $25.79 and a 1 year high of $51.74. The company has a market capitalization of $1,890.26, a PE ratio of 19.84 and a beta of 1.02.
HFF (NYSE:HF) last announced its earnings results on Tuesday, February 27th. The financial services provider reported $0.93 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.85 by $0.08. The firm had revenue of $185.29 million for the quarter, compared to analysts’ expectations of $186.80 million. HFF had a return on equity of 41.13% and a net margin of 15.58%. analysts anticipate that HFF, Inc. will post 2.88 EPS for the current year.
A number of institutional investors have recently bought and sold shares of HF. First Trust Advisors LP purchased a new position in HFF during the 3rd quarter worth approximately $1,996,000. Aperio Group LLC lifted its stake in shares of HFF by 12.1% in the 3rd quarter. Aperio Group LLC now owns 11,214 shares of the financial services provider’s stock valued at $444,000 after purchasing an additional 1,207 shares during the last quarter. Crossmark Global Holdings Inc. acquired a new stake in shares of HFF in the 3rd quarter valued at $256,000. American Century Companies Inc. lifted its stake in shares of HFF by 553.6% in the 3rd quarter. American Century Companies Inc. now owns 55,236 shares of the financial services provider’s stock valued at $2,185,000 after purchasing an additional 46,785 shares during the last quarter. Finally, Prudential Financial Inc. lifted its stake in shares of HFF by 16.2% in the 3rd quarter. Prudential Financial Inc. now owns 224,425 shares of the financial services provider’s stock valued at $8,879,000 after purchasing an additional 31,290 shares during the last quarter. Hedge funds and other institutional investors own 93.27% of the company’s stock.
HF has been the subject of a number of research reports. JMP Securities downgraded HFF from an “outperform” rating to a “market perform” rating in a research note on Wednesday, January 24th. Zacks Investment Research cut HFF from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. ValuEngine raised HFF from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. TheStreet raised HFF from a “c+” rating to a “b-” rating in a report on Friday, March 9th. Finally, William Blair reaffirmed a “market perform” rating on shares of HFF in a report on Thursday, February 1st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $38.50.
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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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