Eaton Vance Management held its position in HFF Inc. (NYSE:HF) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 75,399 shares of the company’s stock at the end of the second quarter. Eaton Vance Management owned approximately 0.20% of HFF worth $2,178,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Huntington National Bank purchased a new stake in shares of HFF during the second quarter valued at approximately $115,000. Wesbanco Bank Inc. purchased a new stake in shares of HFF during the second quarter valued at approximately $225,000. Forward Management LLC purchased a new stake in shares of HFF during the second quarter valued at approximately $251,000. GSA Capital Partners LLP purchased a new stake in shares of HFF during the second quarter valued at approximately $256,000. Finally, Legal & General Group Plc increased its stake in shares of HFF by 31.2% in the first quarter. Legal & General Group Plc now owns 10,006 shares of the company’s stock valued at $275,000 after buying an additional 2,378 shares during the last quarter. Institutional investors and hedge funds own 84.96% of the company’s stock.
HFF Inc. (NYSE:HF) traded down 0.35% during trading on Friday, reaching $28.25. 56,470 shares of the company traded hands. The company has a market capitalization of $1.08 billion, a P/E ratio of 13.16 and a beta of 1.89. HFF Inc. has a 52 week low of $21.36 and a 52 week high of $37.75. The firm has a 50-day moving average price of $27.13 and a 200-day moving average price of $28.79.
HFF (NYSE:HF) last released its quarterly earnings data on Monday, July 25th. The company reported $0.41 EPS for the quarter, missing the consensus estimate of $0.51 by $0.10. HFF had a net margin of 16.05% and a return on equity of 44.99%. Analysts forecast that HFF Inc. will post $2.02 earnings per share for the current fiscal year.
Several equities analysts recently weighed in on HF shares. Zacks Investment Research cut shares of HFF from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, June 28th. TheStreet raised shares of HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Finally, Keefe, Bruyette & Woods cut their target price on shares of HFF from $32.00 to $30.00 and set a “market perform” rating for the company in a research note on Wednesday, July 27th.
In related news, President Joe Thornton, Jr. sold 39,827 shares of the business’s stock in a transaction on Tuesday, July 26th. The shares were sold at an average price of $28.12, for a total value of $1,119,935.24. Following the completion of the transaction, the president now directly owns 706,679 shares in the company, valued at approximately $19,871,813.48. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, President Joe Thornton, Jr. sold 36,469 shares of the business’s stock in a transaction on Friday, July 22nd. The shares were sold at an average price of $29.53, for a total transaction of $1,076,929.57. Following the completion of the transaction, the president now owns 746,417 shares of the company’s stock, valued at $22,041,694.01. The disclosure for this sale can be found here. 7.40% of the stock is currently owned by insiders.
HFF, Inc is a provider of commercial real estate and capital markets services to both the users and providers of capital in the United States commercial real estate industry. The Company offers capital markets services, including debt placement; investment sales; distressed debt and real estate owned advisory services; equity placement; investment banking and advisory services; loan sales, and commercial loan servicing.
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