HFF, Inc. (HF) Sets New 52-Week High at $45.50
HFF, Inc. (NYSE:HF)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $45.50 and last traded at $44.33, with a volume of 158900 shares. The stock had previously closed at $44.04.
A number of equities analysts recently commented on the stock. BidaskClub raised shares of HFF from a “hold” rating to a “buy” rating in a research note on Tuesday, July 25th. Zacks Investment Research raised shares of HFF from a “hold” rating to a “buy” rating and set a $41.00 price objective for the company in a research note on Monday, July 31st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of $38.50.
The firm has a market capitalization of $1,699.04, a P/E ratio of 19.75 and a beta of 1.16.
In other HFF news, insider Gerard T. Sansosti sold 15,750 shares of HFF stock in a transaction on Friday, November 10th. The shares were sold at an average price of $44.08, for a total value of $694,260.00. Following the transaction, the insider now directly owns 118,095 shares of the company’s stock, valued at $5,205,627.60. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Mark Gibson sold 37,331 shares of HFF stock in a transaction on Tuesday, September 19th. The stock was sold at an average price of $37.19, for a total transaction of $1,388,339.89. Following the completion of the transaction, the chief executive officer now directly owns 518,956 shares in the company, valued at $19,299,973.64. The disclosure for this sale can be found here. Insiders sold 270,158 shares of company stock valued at $10,384,092 in the last three months. 5.70% of the stock is currently owned by insiders.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Advisor Group Inc. grew its holdings in HFF by 16.7% in 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 during the last quarter. Ameritas Investment Partners Inc. grew its holdings in HFF by 9.8% in 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 during the last quarter. SG Americas Securities LLC purchased a new position in HFF in the third quarter worth $122,000. Mountain Capital Investment Advisors Inc purchased a new position in HFF in the second quarter worth $129,000. Finally, Pinebridge Investments L.P. grew its holdings in HFF by 1.9% in 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 during the last quarter. 90.54% of the stock is currently owned by institutional investors and hedge funds.
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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).
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