HFF, Inc. (HF) Stock Rating Upgraded by ValuEngine

HFF, Inc. (NYSE:HF) was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating in a research report issued on Thursday.

A number of other equities research analysts have also recently commented on HF. TheStreet raised HFF from a “c” rating to a “b” rating in a report on Wednesday, March 15th. Morgan Stanley cut HFF from a “buy” rating to an “underweight” rating in a report on Friday, March 17th. William Blair cut HFF from an “outperform” rating to a “market perform” rating in a report on Friday, March 24th. Keefe, Bruyette & Woods reissued a “hold” rating and set a $28.00 price target on shares of HFF in a report on Tuesday, April 4th. Finally, Zacks Investment Research raised HFF from a “sell” rating to a “buy” rating and set a $36.00 price target on the stock in a report on Friday, April 28th. One analyst has rated the stock with a sell rating, three have assigned a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average target price of $32.00.

HFF (HF) opened at 35.81 on Thursday. The stock has a market capitalization of $1.38 billion, a PE ratio of 16.83 and a beta of 1.20. The company’s 50-day moving average price is $32.20 and its 200 day moving average price is $30.06. HFF has a 52-week low of $24.84 and a 52-week high of $35.90.

HFF (NYSE:HF) last posted its quarterly earnings results on Wednesday, April 26th. The financial services provider reported $0.50 EPS for the quarter, beating the Zacks’ consensus estimate of $0.31 by $0.19. The business had revenue of $138.81 million for the quarter, compared to analysts’ expectations of $124.68 million. HFF had a return on equity of 40.35% and a net margin of 15.40%. Equities analysts forecast that HFF will post $2.19 EPS for the current fiscal year.

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In other news, insider Matthew D. Lawton sold 16,335 shares of HFF stock in a transaction dated Monday, May 1st. The stock was sold at an average price of $31.55, for a total value of $515,369.25. Following the sale, the insider now directly owns 268,576 shares of the company’s stock, valued at $8,473,572.80. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 5.70% of the company’s stock.

Large investors have recently modified their holdings of the company. BlackRock Inc. boosted its stake in shares of HFF by 138,312.2% in the first quarter. BlackRock Inc. now owns 4,253,407 shares of the financial services provider’s stock valued at $117,691,000 after buying an additional 4,250,334 shares during the period. Kayne Anderson Rudnick Investment Management LLC boosted its stake in shares of HFF by 13.4% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,247,115 shares of the financial services provider’s stock valued at $117,518,000 after buying an additional 502,814 shares during the period. Norges Bank purchased a new stake in shares of HFF during the fourth quarter valued at about $13,070,000. JPMorgan Chase & Co. boosted its stake in shares of HFF by 10.4% in the first quarter. JPMorgan Chase & Co. now owns 2,804,217 shares of the financial services provider’s stock valued at $77,593,000 after buying an additional 265,234 shares during the period. Finally, Vanguard Group Inc. boosted its stake in shares of HFF by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,258,504 shares of the financial services provider’s stock valued at $90,162,000 after buying an additional 177,939 shares during the period. 88.38% of the stock is currently owned by hedge funds and other institutional investors.

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).

To view ValuEngine’s full report, visit ValuEngine’s official website.

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