Eagle Asset Management Inc. lowered its position in shares of HFF, Inc. (NYSE:HF) by 7.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 336,901 shares of the financial services provider’s stock after selling 27,556 shares during the quarter. Eagle Asset Management Inc.’s holdings in HFF were worth $16,386,000 at the end of the most recent quarter.
Other institutional investors have also recently made changes to their positions in the company. Advisor Group Inc. lifted its position in HFF by 16.7% during the second quarter. Advisor Group Inc. now owns 3,040 shares of the financial services provider’s stock valued at $102,000 after buying an additional 434 shares during the period. Assenagon Asset Management S.A. purchased a new position in HFF during the third quarter valued at $1,763,000. U S Global Investors Inc. purchased a new position in HFF during the third quarter valued at $1,238,000. Kayne Anderson Rudnick Investment Management LLC lifted its position in HFF by 10.0% during the third quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,569,569 shares of the financial services provider’s stock valued at $220,332,000 after buying an additional 504,994 shares during the period. Finally, Wells Fargo & Company MN lifted its position in HFF by 23.8% during the third quarter. Wells Fargo & Company MN now owns 1,099,096 shares of the financial services provider’s stock valued at $43,480,000 after buying an additional 211,088 shares during the period. 88.49% of the stock is owned by institutional investors and hedge funds.
In other news, insider Matthew D. Lawton sold 16,365 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $44.33, for a total transaction of $725,460.45. Following the completion of the transaction, the insider now directly owns 252,211 shares in the company, valued at $11,180,513.63. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Zarraga Manuel A. De sold 40,000 shares of the firm’s stock in a transaction on Friday, December 1st. The shares were sold at an average price of $44.19, for a total value of $1,767,600.00. Following the transaction, the director now owns 227,923 shares of the company’s stock, valued at $10,071,917.37. The disclosure for this sale can be found here. 5.70% of the stock is owned by company insiders.
HFF, Inc. (HF) opened at $46.50 on Tuesday. The company has a market capitalization of $1,793.95, a price-to-earnings ratio of 20.85 and a beta of 1.01. HFF, Inc. has a 52-week low of $25.79 and a 52-week high of $51.74.
The business also recently declared a special dividend, which will be paid on Wednesday, February 21st. Stockholders of record on Friday, February 9th will be issued a dividend of $1.75 per share. The ex-dividend date of this dividend is Thursday, February 8th. This is an increase from HFF’s previous special dividend of $1.57. This represents a dividend yield of 0.0351053159478435%.
HF has been the subject of several recent research reports. JMP Securities lowered HFF from an “outperform” rating to a “market perform” rating in a research report on Wednesday, January 24th. Zacks Investment Research lowered HFF from a “buy” rating to a “hold” rating in a research report on Wednesday, January 3rd. ValuEngine raised HFF from a “hold” rating to a “buy” rating in a research report on Sunday, December 31st. Finally, William Blair reissued a “market perform” rating on shares of HFF in a research report on Thursday, February 1st. One analyst has rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating to the company. HFF has a consensus rating of “Hold” and an average target price of $38.50.
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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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