Smith Asset Management Group LP increased its position in shares of HFF, Inc. (NYSE:HF) by 95.0% during the second quarter, Holdings Channel reports. The firm owned 102,050 shares of the financial services provider’s stock after buying an additional 49,720 shares during the period. Smith Asset Management Group LP’s holdings in HFF were worth $3,548,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BlackRock Inc. increased its position in HFF by 138,312.2% in the first quarter. BlackRock Inc. now owns 4,253,407 shares of the financial services provider’s stock worth $117,691,000 after buying an additional 4,250,334 shares during the period. Kayne Anderson Rudnick Investment Management LLC increased its position in HFF by 13.4% in the first quarter. Kayne Anderson Rudnick Investment Management LLC now owns 4,247,115 shares of the financial services provider’s stock worth $117,518,000 after buying an additional 502,814 shares during the period. Norges Bank bought a new position in HFF during the fourth quarter worth approximately $13,070,000. JPMorgan Chase & Co. increased its position in HFF by 10.4% in the first quarter. JPMorgan Chase & Co. now owns 2,804,217 shares of the financial services provider’s stock worth $77,593,000 after buying an additional 265,234 shares during the period. Finally, Vanguard Group Inc. increased its position in HFF by 5.8% in the first quarter. Vanguard Group Inc. now owns 3,258,504 shares of the financial services provider’s stock worth $90,162,000 after buying an additional 177,939 shares during the period. Hedge funds and other institutional investors own 87.76% of the company’s stock.

Shares of HFF, Inc. (HF) opened at 36.65 on Friday. HFF, Inc. has a 12-month low of $24.84 and a 12-month high of $38.30. The company has a 50 day moving average of $35.67 and a 200-day moving average of $31.39. The firm has a market cap of $1.41 billion, a PE ratio of 16.61 and a beta of 1.21.

HFF (NYSE:HF) last issued its earnings results on Thursday, July 27th. The financial services provider reported $0.49 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.09. HFF had a net margin of 15.51% and a return on equity of 40.20%. The company had revenue of $137.36 million for the quarter, compared to the consensus estimate of $127.81 million. Equities research analysts forecast that HFF, Inc. will post $2.29 EPS for the current fiscal year.

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HF has been the topic of a number of research analyst reports. TheStreet downgraded shares of HFF from a “b-” rating to a “c” rating in a research note on Wednesday, May 17th. ValuEngine downgraded shares of HFF from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. Zacks Investment Research downgraded shares of HFF from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 27th. BidaskClub upgraded shares of HFF from a “buy” rating to a “strong-buy” rating in a research report on Wednesday, June 28th. Finally, Keefe, Bruyette & Woods restated a “hold” rating on shares of HFF in a research report on Wednesday, May 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $34.50.

About HFF

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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Institutional Ownership by Quarter for HFF (NYSE:HF)

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