Schwab Charles Investment Management Inc. boosted its holdings in HFF, Inc. (NYSE:HF) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 179,473 shares of the financial services provider’s stock after acquiring an additional 12,651 shares during the period. Schwab Charles Investment Management Inc.’s holdings in HFF were worth $8,730,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also modified their holdings of HF. Ameritas Investment Partners Inc. lifted its holdings in HFF by 9.8% in the second quarter. Ameritas Investment Partners Inc. now owns 3,226 shares of the financial services provider’s stock worth $112,000 after acquiring an additional 289 shares during the last quarter. SG Americas Securities LLC bought a new stake in shares of HFF during the third quarter valued at approximately $122,000. Cubist Systematic Strategies LLC bought a new stake in shares of HFF during the third quarter valued at approximately $196,000. Amalgamated Bank bought a new stake in shares of HFF during the third quarter valued at approximately $200,000. Finally, Hartford Investment Management Co. bought a new stake in shares of HFF during the third quarter valued at approximately $210,000. 92.08% of the stock is currently owned by hedge funds and other institutional investors.
In other news, insider Michael Tepedino sold 5,808 shares of HFF stock in a transaction that occurred on 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 owns 135,130 shares of the company’s stock, valued at $6,187,602.70. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 5.70% of the company’s stock.
A number of equities research analysts have recently weighed in on HF shares. ValuEngine raised HFF from a “hold” rating to a “buy” rating in a report on Thursday, February 8th. Zacks Investment Research cut HFF from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. William Blair reaffirmed a “market perform” rating on shares of HFF in a report on Thursday, February 1st. Finally, JMP Securities cut HFF from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 24th. One equities research 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. HFF presently has a consensus rating of “Hold” and a consensus price target of $38.50.
Shares of HFF, Inc. (NYSE HF) opened at $47.40 on Wednesday. The firm has a market capitalization of $1,825.97, a P/E ratio of 19.17 and a beta of 1.02. HFF, Inc. has a twelve month low of $25.79 and a twelve month high of $51.74.
The firm also recently declared a special dividend, which was paid on Wednesday, February 21st. Stockholders of record on Friday, February 9th were issued a dividend of $1.75 per share. This represents a dividend yield of 0.0351053159478435%. The ex-dividend date was Thursday, February 8th. This is a boost from HFF’s previous special dividend of $1.57.
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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