HFF (HF) Rating Increased to Buy at ValuEngine

ValuEngine upgraded shares of HFF (NYSE:HF) from a hold rating to a buy rating in a research report sent to investors on Sunday morning.

Separately, Zacks Investment Research raised shares of HFF from a hold rating to a buy rating and set a $49.00 price target on the stock in a research report on Friday, November 3rd. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and two have assigned a buy rating to the stock. HFF currently has a consensus rating of Hold and an average target price of $38.50.

HFF (NYSE HF) traded down $0.01 during trading on Friday, hitting $48.38. 287,600 shares of the stock were exchanged, compared to its average volume of 278,950. HFF has a fifty-two week low of $25.79 and a fifty-two week high of $49.31. The stock has a market capitalization of $1,870.00, a price-to-earnings ratio of 21.41 and a beta of 1.16.

In other HFF news, insider Michael Tepedino sold 8,943 shares of the company’s stock in a transaction dated Monday, November 13th. The shares were sold at an average price of $43.83, for a total value of $391,971.69. Following the transaction, the insider now owns 151,481 shares of the company’s stock, valued at $6,639,412.23. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Gerard T. Sansosti sold 15,750 shares of the company’s stock in a transaction dated Friday, November 10th. The shares were sold at an average price of $44.08, for a total transaction of $694,260.00. Following the completion of the transaction, the insider now directly owns 118,095 shares in the company, valued at approximately $5,205,627.60. The disclosure for this sale can be found here. In the last three months, insiders have sold 113,959 shares of company stock worth $5,061,936. Corporate insiders own 5.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Advisor Group Inc. lifted its position in shares of HFF by 16.7% during the second quarter. Advisor Group Inc. now owns 3,040 shares of the financial services provider’s stock worth $102,000 after purchasing an additional 434 shares in the last quarter. Ameritas Investment Partners Inc. lifted its position in shares of HFF by 9.8% during the second quarter. Ameritas Investment Partners Inc. now owns 3,226 shares of the financial services provider’s stock worth $112,000 after purchasing an additional 289 shares in the last quarter. SG Americas Securities LLC acquired a new stake in shares of HFF during the third quarter worth about $122,000. Mountain Capital Investment Advisors Inc acquired a new stake in shares of HFF during the second quarter worth about $129,000. Finally, Pinebridge Investments L.P. lifted its position in shares of HFF by 1.9% during the second quarter. Pinebridge Investments L.P. now owns 4,675 shares of the financial services provider’s stock worth $163,000 after purchasing an additional 87 shares in the last quarter. 87.99% of the stock is currently owned by institutional investors.

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HFF Company Profile

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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