Raymond James & Associates lessened its holdings in HFF, Inc. (NYSE:HF) by 4.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 193,549 shares of the financial services provider’s stock after selling 8,196 shares during the period. Raymond James & Associates owned 0.49% of HFF worth $6,418,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also made changes to their positions in HF. Vanguard Group Inc lifted its holdings in shares of HFF by 7.8% in the third quarter. Vanguard Group Inc now owns 5,866,032 shares of the financial services provider’s stock valued at $249,189,000 after purchasing an additional 425,524 shares in the last quarter. Vanguard Group Inc. lifted its stake in shares of HFF by 7.8% during the third quarter. Vanguard Group Inc. now owns 5,866,032 shares of the financial services provider’s stock valued at $249,189,000 after buying an additional 425,524 shares during the period. BlackRock Inc. lifted its stake in shares of HFF by 8.0% during the third quarter. BlackRock Inc. now owns 5,560,681 shares of the financial services provider’s stock valued at $236,217,000 after buying an additional 410,192 shares during the period. Epoch Investment Partners Inc. purchased a new position in shares of HFF during the third quarter valued at approximately $15,234,000. Finally, MERIAN GLOBAL INVESTORS UK Ltd lifted its stake in shares of HFF by 136.0% during the fourth quarter. MERIAN GLOBAL INVESTORS UK Ltd now owns 155,346 shares of the financial services provider’s stock valued at $5,151,000 after buying an additional 89,509 shares during the period. 87.23% of the stock is currently owned by institutional investors.
NYSE:HF opened at $46.15 on Friday. The company has a market cap of $1.76 billion, a price-to-earnings ratio of 16.02 and a beta of 1.69. HFF, Inc. has a fifty-two week low of $31.38 and a fifty-two week high of $50.21.
HFF (NYSE:HF) last posted its quarterly earnings results on Thursday, February 21st. The financial services provider reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.07. The company had revenue of $215.30 million for the quarter, compared to the consensus estimate of $190.10 million. HFF had a net margin of 17.52% and a return on equity of 39.16%. As a group, equities analysts expect that HFF, Inc. will post 2.76 EPS for the current year.
The business also recently declared a special dividend, which was paid on Wednesday, February 27th. Shareholders of record on Monday, February 11th were paid a dividend of $1.75 per share. The ex-dividend date was Friday, February 8th.
Several equities analysts recently issued reports on HF shares. TheStreet raised shares of HFF from a “c+” rating to a “b” rating in a research note on Monday, December 17th. Zacks Investment Research raised shares of HFF from a “hold” rating to a “buy” rating and set a $44.00 price target on the stock in a research note on Tuesday, January 22nd.
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HFF Company Profile
HFF, Inc provides commercial real estate and capital market services to the consumers and providers of capital in the commercial real estate industry in the United States. The company offers debt placement services, such as construction and construction/mini-permanent loans, adjustable and fixed rate mortgages, bridge loans, entity level and mezzanine debts, forward delivery loans, and tax exempt and sale/leaseback financing to the owners of various properties comprising office, retail, industrial, hotel, multi-housing, student housing, self-storage, nursing homes, condominiums and condominium conversions, mixed-use properties, and land, as well as senior, independent, and assisted living facilities.
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