HFF, Inc. (NYSE:HF) insider Matthew D. Lawton sold 16,365 shares of the business’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $44.33, for a total value of $725,460.45. Following the completion of the sale, the insider now directly owns 252,211 shares of the company’s stock, valued at approximately $11,180,513.63. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
HFF, Inc. (HF) opened at $44.41 on Wednesday. The company has a market capitalization of $1,727.59, a P/E ratio of 20.08 and a beta of 1.16. HFF, Inc. has a 52-week low of $25.79 and a 52-week high of $46.45.
Separately, Zacks Investment Research raised HFF from a “hold” rating to a “buy” rating and set a $49.00 target price for the company in a research note on Friday, November 3rd. One analyst has rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of $38.50.
Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Advisor Group Inc. raised its position in HFF by 16.7% during the 2nd quarter. Advisor Group Inc. now owns 3,040 shares of the financial services provider’s stock valued at $102,000 after purchasing an additional 434 shares during the last quarter. Ameritas Investment Partners Inc. raised its position in HFF by 9.8% during the 2nd quarter. Ameritas Investment Partners Inc. now owns 3,226 shares of the financial services provider’s stock valued at $112,000 after purchasing an additional 289 shares during the last quarter. SG Americas Securities LLC bought a new position in HFF during the 3rd quarter valued at approximately $122,000. Mountain Capital Investment Advisors Inc bought a new position in HFF during the 2nd quarter valued at approximately $129,000. Finally, Pinebridge Investments L.P. raised its position in HFF by 1.9% during the 2nd quarter. Pinebridge Investments L.P. now owns 4,675 shares of the financial services provider’s stock valued at $163,000 after purchasing an additional 87 shares during the last quarter. 88.01% of the stock is owned by institutional investors and hedge funds.
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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