Athanor Capital LP purchased a new position in HFF (NYSE:HF) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 16,000 shares of the financial services provider’s stock, valued at approximately $795,000.
Other institutional investors have also recently made changes to their positions in the company. SG Americas Securities LLC bought a new stake in HFF in the first quarter valued at about $119,000. C M Bidwell & Associates Ltd. bought a new position in shares of HFF during the first quarter valued at approximately $157,000. LS Investment Advisors LLC grew its holdings in shares of HFF by 182.5% during the fourth quarter. LS Investment Advisors LLC now owns 3,486 shares of the financial services provider’s stock valued at $170,000 after purchasing an additional 2,252 shares during the last quarter. Xact Kapitalforvaltning AB bought a new position in shares of HFF during the fourth quarter valued at approximately $235,000. Finally, Two Sigma Advisers LP bought a new position in shares of HFF during the fourth quarter valued at approximately $240,000. 89.44% of the stock is owned by hedge funds and other institutional investors.
Several equities analysts have recently commented on HF shares. William Blair reaffirmed a “market perform” rating on shares of HFF in a report on Thursday, February 1st. 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. Goldman Sachs Group started coverage on HFF in a report on Tuesday, April 3rd. They set a “sell” rating and a $41.00 target price for the company. Finally, Zacks Investment Research lowered HFF from a “buy” rating to a “strong sell” rating in a report on Wednesday, May 2nd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and one has issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $45.00.
HFF (NYSE:HF) last issued its quarterly earnings data on Tuesday, February 27th. The financial services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.85 by $0.08. HFF had a return on equity of 37.13% and a net margin of 15.34%. The business had revenue of $185.29 million during the quarter, compared to analyst estimates of $186.80 million. analysts anticipate that HFF will post 2.7 earnings per share for the current fiscal year.
In other HFF news, Director Deborah H. Mcaneny acquired 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, May 2nd. The stock was acquired at an average cost of $36.07 per share, with a total value of $72,140.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director John Fowler sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 20th. The stock was sold at an average price of $48.63, for a total value of $729,450.00. Following the completion of the sale, the director now owns 217,860 shares of the company’s stock, valued at $10,594,531.80. The disclosure for this sale can be found here. Insiders sold a total of 30,000 shares of company stock valued at $1,455,050 over the last three months. Corporate insiders own 4.90% of the company’s stock.
HFF, Inc provides commercial real estate and capital market services to the users and providers of capital primarily in the United States commercial real estate industry. The company offers debt placement services, such as construction and construction/mini-permanent loans, adjustable and fixed rate mortgages, entity level debts, mezzanine debts, forward delivery loans, tax exempt financing, and sale/leaseback financing to the owners of various properties comprising office, retail, industrial, hotel, multi-housing, student housing, self-storage, senior living, independent living, assisted living, nursing homes, condominiums and condominium conversions, mixed-use properties, and land.
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