HFF, Inc. (NYSE:HF) announced its quarterly earnings data on Thursday, July 27th. The financial services provider reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.09, Morningstar.com reports. HFF had a net margin of 15.51% and a return on equity of 40.20%. The company had revenue of $137.36 million for the quarter, compared to the consensus estimate of $127.81 million.
HFF (HF) opened at 36.91 on Thursday. The firm’s 50-day moving average is $35.94 and its 200 day moving average is $31.56. HFF has a 1-year low of $24.84 and a 1-year high of $38.30. The company has a market cap of $1.42 billion, a PE ratio of 16.72 and a beta of 1.21.
Large investors have recently modified their holdings of the company. BlackRock Inc. raised 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 worth $117,691,000 after buying an additional 4,250,334 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC increased its position in shares of HFF by 19.2% in the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,064,575 shares of the financial services provider’s stock worth $176,095,000 after buying an additional 817,460 shares during the last quarter. Norges Bank bought a new position in shares of HFF during the fourth quarter worth about $13,070,000. JPMorgan Chase & Co. increased its position 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 last quarter. Finally, Cooke & Bieler LP acquired a new position in shares of HFF during the second quarter valued at $8,645,000. Institutional investors and hedge funds own 88.81% of the company’s stock.
Several analysts recently commented on the stock. Zacks Investment Research downgraded shares of HFF from a “buy” rating to a “hold” rating in a research report on Tuesday, August 1st. BidaskClub downgraded shares of HFF from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 12th. ValuEngine raised shares of HFF from a “hold” rating to a “buy” rating in a research report on Thursday, July 6th. Keefe, Bruyette & Woods reissued a “hold” rating on shares of HFF in a research report on Wednesday, May 3rd. Finally, TheStreet downgraded shares of HFF from a “b-” rating to a “c” rating in a research report on Wednesday, May 17th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the stock. HFF presently has an average rating of “Hold” and a consensus price target of $34.50.
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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).
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