ValuEngine Lowers HFF (HF) to Sell

ValuEngine downgraded shares of HFF (NYSE:HF) from a hold rating to a sell rating in a research report released on Wednesday morning.

A number of other brokerages have also recently weighed in on HF. TheStreet cut HFF from a b rating to a c rating in a report on Tuesday, April 24th. Goldman Sachs Group initiated coverage on HFF in a research report on Tuesday, April 3rd. They issued a sell rating and a $41.00 price objective on the stock. Finally, Zacks Investment Research lowered HFF from a buy rating to a strong sell rating in a research report on Wednesday, May 2nd. Two analysts have rated the stock with a sell rating, three have issued a hold rating and one has assigned a buy rating to the company. The stock has an average rating of Hold and a consensus target price of $45.00.

HF stock opened at $34.35 on Wednesday. HFF has a 52-week low of $32.99 and a 52-week high of $51.74. The firm has a market cap of $1.33 billion, a PE ratio of 13.91 and a beta of 0.97.

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

In related news, Director Deborah H. Mcaneny acquired 2,000 shares of the business’s stock in a transaction on Wednesday, May 2nd. The shares were bought at an average cost of $36.07 per share, with a total value of $72,140.00. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 4.90% of the company’s stock.

A number of large investors have recently added to or reduced their stakes in HF. Point72 Asia Hong Kong Ltd purchased a new stake in shares of HFF during the first quarter worth about $107,000. SG Americas Securities LLC acquired a new position in HFF in the first quarter worth about $119,000. Cubist Systematic Strategies LLC acquired a new position in HFF in the first quarter worth about $134,000. Asset Management One Co. Ltd. acquired a new position in HFF in the first quarter worth about $135,000. Finally, C M Bidwell & Associates Ltd. acquired a new position in HFF in the first quarter worth about $157,000. 89.20% of the stock is currently owned by institutional investors.

About HFF

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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