HFF (NYSE:HF) was upgraded by research analysts at TheStreet from a “c+” rating to a “b-” rating in a research note issued on Friday.
Several other brokerages also recently issued reports on HF. ValuEngine raised HFF from a “hold” rating to a “buy” rating in a research report on Thursday, February 8th. JMP Securities downgraded HFF from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 24th. William Blair reaffirmed a “market perform” rating on shares of HFF in a research report on Thursday, February 1st. Finally, Zacks Investment Research downgraded HFF from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. One investment analyst has rated the stock with a sell rating, four have given a hold rating and two have given a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $38.50.
Shares of HFF (NYSE:HF) opened at $48.92 on Friday. The stock has a market capitalization of $1,896.46, a PE ratio of 20.55 and a beta of 1.02. HFF has a 1 year low of $25.79 and a 1 year high of $51.74.
In related news, insider Michael Tepedino sold 5,808 shares of HFF stock in a transaction dated Friday, March 2nd. The stock was sold at an average price of $45.79, for a total transaction of $265,948.32. Following the sale, the insider now directly owns 135,130 shares of the company’s stock, valued at $6,187,602.70. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 5.70% of the stock is owned by company insiders.
A number of hedge funds have recently added to or reduced their stakes in the stock. Xact Kapitalforvaltning AB acquired a new stake in HFF during the fourth quarter worth about $235,000. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp grew its position in HFF by 17.9% during the fourth quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 13,800 shares of the financial services provider’s stock worth $671,000 after buying an additional 2,100 shares in the last quarter. MetLife Investment Advisors LLC acquired a new stake in HFF during the fourth quarter worth about $858,000. BB&T Securities LLC grew its position in HFF by 11.2% during the fourth quarter. BB&T Securities LLC now owns 20,542 shares of the financial services provider’s stock worth $999,000 after buying an additional 2,071 shares in the last quarter. Finally, Clark Capital Management Group Inc. grew its position in HFF by 3.2% during the fourth quarter. Clark Capital Management Group Inc. now owns 54,495 shares of the financial services provider’s stock worth $2,651,000 after buying an additional 1,687 shares in the last quarter. 93.27% of the stock is currently owned by institutional investors and hedge funds.
COPYRIGHT VIOLATION NOTICE: This piece of content was published by Ticker Report and is the sole property of of Ticker Report. If you are accessing this piece of content on another site, it was illegally copied and republished in violation of U.S. and international trademark & copyright laws. The original version of this piece of content can be accessed at https://www.tickerreport.com/banking-finance/3259547/thestreet-upgrades-hff-hf-to-b.html.
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).
Receive News & Ratings for HFF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HFF and related companies with MarketBeat.com's FREE daily email newsletter.