Shell Asset Management Co. purchased a new stake in shares of HFF, Inc. (NYSE:HF) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,563 shares of the financial services provider’s stock, valued at approximately $277,000.

A number of other hedge funds have also recently bought and sold shares of the business. Advisor Group Inc. boosted its position in shares of HFF by 16.7% in the second quarter. Advisor Group Inc. now owns 3,040 shares of the financial services provider’s stock worth $102,000 after buying an additional 434 shares during the period. Ameritas Investment Partners Inc. boosted its position in shares of HFF by 9.8% in the second quarter. Ameritas Investment Partners Inc. now owns 3,226 shares of the financial services provider’s stock worth $112,000 after buying an additional 289 shares during the period. Mountain Capital Investment Advisors Inc purchased a new stake in shares of HFF in the second quarter worth about $129,000. Pinebridge Investments L.P. boosted its position in shares of HFF by 1.9% in the second quarter. Pinebridge Investments L.P. now owns 4,675 shares of the financial services provider’s stock worth $163,000 after buying an additional 87 shares during the period. Finally, Profund Advisors LLC acquired a new position in shares of HFF in the second quarter worth about $214,000. 88.90% of the stock is owned by hedge funds and other institutional investors.

In related news, President Joe Thornton, Jr. sold 36,432 shares of the 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 in the company, valued at $19,528,097.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, President Joe Thornton, Jr. sold 14,787 shares of the stock in a transaction dated Monday, September 18th. The shares were 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 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. Over the last ninety days, insiders sold 245,064 shares of company stock worth $9,280,216. 5.70% of the stock is currently owned by company insiders.

Several research firms recently commented on HF. Zacks Investment Research cut HFF from a “buy” rating to a “hold” rating in a research note on Tuesday, August 1st. BidaskClub upgraded HFF from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Finally, ValuEngine upgraded HFF from a “hold” rating to a “buy” rating in a research note on Thursday, July 6th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $34.50.

ILLEGAL ACTIVITY NOTICE: “Shell Asset Management Co. Invests $277,000 in HFF, Inc. (HF) Stock” was first published by Watch List News and is owned by of Watch List News. If you are reading this report on another website, it was illegally copied and reposted in violation of United States and international trademark & copyright laws. The legal version of this report can be read at https://www.watchlistnews.com/shell-asset-management-co-invests-277000-in-hff-inc-hf-stock/1675213.html.

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)

Receive News & Ratings for HFF Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HFF Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.