Emerald Advisers Inc. PA continued to hold its stake in HFF Inc. (NYSE:HF) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 125,670 shares of the company’s stock at the end of the second quarter. Emerald Advisers Inc. PA’s holdings in HFF were worth $3,629,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in HF. Huntington National Bank purchased a new stake in HFF during the second quarter worth about $115,000. Los Angeles Capital Management & Equity Research Inc. purchased a new stake in HFF during the first quarter worth about $280,000. BNP Paribas Arbitrage SA raised its stake in HFF by 98.4% in the second quarter. BNP Paribas Arbitrage SA now owns 11,955 shares of the company’s stock worth $345,000 after buying an additional 5,930 shares in the last quarter. AMP Capital Investors Ltd purchased a new stake in HFF during the first quarter worth about $392,000. Finally, Capstone Asset Management Co. raised its stake in HFF by 11.5% in the second quarter. Capstone Asset Management Co. now owns 13,650 shares of the company’s stock worth $394,000 after buying an additional 1,410 shares in the last quarter. 84.96% of the stock is currently owned by institutional investors and hedge funds.
Shares of HFF Inc. (NYSE:HF) traded down 1.99% during mid-day trading on Friday, hitting $26.53. 108,869 shares of the company were exchanged. The stock’s 50-day moving average price is $26.96 and its 200 day moving average price is $28.75. The stock has a market cap of $1.01 billion, a PE ratio of 12.36 and a beta of 1.71. HFF Inc. has a 12-month low of $21.36 and a 12-month high of $37.75.
HFF (NYSE:HF) last issued its earnings results on Monday, July 25th. The company reported $0.41 earnings per share for the quarter, missing analysts’ consensus estimates of $0.51 by $0.10. HFF had a net margin of 16.05% and a return on equity of 44.99%. On average, equities analysts anticipate that HFF Inc. will post $2.02 EPS for the current fiscal year.
A number of research firms have recently issued reports on HF. Keefe, Bruyette & Woods dropped their price objective on shares of HFF from $32.00 to $30.00 and set a “market perform” rating on the stock in a research note on Wednesday, July 27th. TheStreet upgraded shares of HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Finally, Zacks Investment Research upgraded shares of HFF from a “sell” rating to a “hold” rating in a research note on Wednesday, September 28th.
In related news, President Joe Thornton, Jr. sold 39,827 shares of the business’s stock in a transaction that occurred on Tuesday, July 26th. The stock was sold at an average price of $28.12, for a total value of $1,119,935.24. Following the completion of the sale, the president now owns 706,679 shares of the company’s stock, valued at approximately $19,871,813.48. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Mark Gibson sold 13,844 shares of the business’s stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $27.50, for a total value of $380,710.00. Following the completion of the sale, the chief executive officer now directly owns 593,899 shares of the company’s stock, valued at approximately $16,332,222.50. The disclosure for this sale can be found here. 7.40% of the stock is owned by insiders.
HFF Company Profile
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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