ValuEngine Downgrades HFF (HF) to Sell

ValuEngine lowered shares of HFF (NYSE:HF) from a hold rating to a sell rating in a report published on Wednesday.

A number of other research analysts also recently commented on the stock. Zacks Investment Research raised shares of HFF from a strong sell rating to a hold rating in a report on Wednesday. TheStreet downgraded shares of HFF from a b rating to a c rating in a research note on Tuesday, April 24th. Finally, Goldman Sachs Group started coverage on shares of HFF in a research note on Tuesday, April 3rd. They issued a sell rating and a $41.00 price objective for the company. Two research analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of $45.00.

Shares of HFF opened at $34.35 on Wednesday, Marketbeat reports. HFF has a 12 month low of $32.99 and a 12 month high of $51.74. The stock has a market capitalization of $1.34 billion, a P/E ratio of 15.00 and a beta of 0.97.

HFF (NYSE:HF) last announced its quarterly earnings results on Tuesday, April 24th. The financial services provider reported $0.42 EPS for the quarter, missing the Zacks’ consensus estimate of $0.56 by ($0.14). HFF had a net margin of 15.34% and a return on equity of 37.13%. The business had revenue of $131.62 million during the quarter, compared to the consensus estimate of $149.70 million. research analysts expect that HFF will post 2.7 earnings per share for the current year.

In other news, Director Deborah H. Mcaneny acquired 2,000 shares of the firm’s stock in a transaction on Wednesday, May 2nd. The stock was acquired at an average price of $36.07 per share, with a total value of $72,140.00. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 4.90% of the stock is owned by company insiders.

Several large investors have recently modified their holdings of the company. Principal Financial Group Inc. increased its position in shares of HFF by 0.7% during the first quarter. Principal Financial Group Inc. now owns 282,769 shares of the financial services provider’s stock worth $14,054,000 after acquiring an additional 1,876 shares during the period. WINTON GROUP Ltd purchased a new position in shares of HFF during the first quarter worth approximately $1,481,000. Legal & General Group Plc increased its holdings in HFF by 3.4% during the first quarter. Legal & General Group Plc now owns 78,609 shares of the financial services provider’s stock valued at $3,872,000 after buying an additional 2,588 shares during the period. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp increased its holdings in HFF by 86.2% during the first quarter. Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp now owns 25,700 shares of the financial services provider’s stock valued at $1,277,000 after buying an additional 11,900 shares during the period. Finally, Millennium Management LLC increased its holdings in HFF by 181.0% during the first quarter. Millennium Management LLC now owns 158,186 shares of the financial services provider’s stock valued at $7,862,000 after buying an additional 101,889 shares during the period. 89.20% of the stock is currently owned by institutional investors and hedge funds.

HFF Company Profile

HFF, Inc provides commercial real estate and capital market services to the users and providers of capital primarily in the United States commercial real estate industry. The company offers debt placement services, such as construction and construction/mini-permanent loans, adjustable and fixed rate mortgages, entity level debts, mezzanine debts, forward delivery loans, tax exempt financing, and sale/leaseback financing to the owners of various properties comprising office, retail, industrial, hotel, multi-housing, student housing, self-storage, senior living, independent living, assisted living, nursing homes, condominiums and condominium conversions, mixed-use properties, and land.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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