HFF, Inc. (NYSE:HF) – Equities research analysts at William Blair upped their FY2018 EPS estimates for HFF in a research report issued on Tuesday, October 30th. William Blair analyst S. Sheldon now expects that the financial services provider will post earnings per share of $2.67 for the year, up from their previous forecast of $2.63. William Blair also issued estimates for HFF’s Q2 2019 earnings at $0.55 EPS, Q3 2019 earnings at $0.63 EPS, Q4 2019 earnings at $1.07 EPS, FY2019 earnings at $2.65 EPS, Q1 2020 earnings at $0.40 EPS, Q2 2020 earnings at $0.56 EPS and Q3 2020 earnings at $0.64 EPS.
A number of other analysts have also recently commented on HF. Zacks Investment Research cut shares of HFF from a “hold” rating to a “strong sell” rating in a research note on Wednesday, July 18th. ValuEngine raised shares of HFF from a “sell” rating to a “hold” rating in a research note on Thursday, July 19th. Finally, TheStreet raised shares of HFF from a “c” rating to a “b-” rating in a research note on Friday, July 27th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company. The stock presently has an average rating of “Hold” and an average target price of $41.00.
HF stock opened at $38.06 on Thursday. The stock has a market cap of $1.40 billion, a PE ratio of 15.41 and a beta of 1.07. HFF has a 52 week low of $32.99 and a 52 week high of $51.74.
HFF (NYSE:HF) last released its earnings results on Tuesday, October 30th. The financial services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10. The business had revenue of $161.39 million during the quarter, compared to analysts’ expectations of $154.60 million. HFF had a net margin of 16.66% and a return on equity of 40.08%.
A number of hedge funds and other institutional investors have recently made changes to their positions in HF. Cubist Systematic Strategies LLC purchased a new stake in HFF during the 1st quarter valued at about $134,000. PNC Financial Services Group Inc. grew its stake in HFF by 509.1% during the 2nd quarter. PNC Financial Services Group Inc. now owns 4,142 shares of the financial services provider’s stock valued at $142,000 after acquiring an additional 3,462 shares in the last quarter. Parallel Advisors LLC grew its stake in HFF by 1,067.1% during the 3rd quarter. Parallel Advisors LLC now owns 3,478 shares of the financial services provider’s stock valued at $148,000 after acquiring an additional 3,180 shares in the last quarter. Russell Investments Group Ltd. purchased a new stake in HFF during the 3rd quarter valued at about $196,000. Finally, Itau Unibanco Holding S.A. purchased a new stake in HFF during the 2nd quarter valued at about $232,000. 91.65% of the stock is owned by institutional investors.
In other news, President Joe Thornton, Jr. sold 19,453 shares of the business’s stock in a transaction dated Monday, October 1st. The shares were sold at an average price of $41.93, for a total transaction of $815,664.29. Following the completion of the sale, the president now owns 385,929 shares of the company’s stock, valued at $16,182,002.97. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, President Joe Thornton, Jr. sold 11,257 shares of the business’s stock in a transaction dated Friday, September 28th. The stock was sold at an average price of $42.68, for a total transaction of $480,448.76. Following the sale, the president now directly owns 385,929 shares of the company’s stock, valued at approximately $16,471,449.72. The disclosure for this sale can be found here. Insiders have sold 132,244 shares of company stock valued at $5,696,330 in the last three months. Corporate insiders own 4.90% of the company’s stock.
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.
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