Zarraga Manuel A. De Sells 40,000 Shares of HFF, Inc. (HF) Stock
HFF, Inc. (NYSE:HF) Director Zarraga Manuel A. De sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $44.19, for a total transaction of $1,767,600.00. Following the completion of the sale, the director now directly owns 227,923 shares in the company, valued at approximately $10,071,917.37. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
HFF, Inc. (NYSE:HF) opened at $44.41 on Wednesday. The company has a market cap of $1,727.59, a P/E ratio of 20.08 and a beta of 1.16. HFF, Inc. has a one year low of $25.79 and a one year high of $46.45.
Separately, Zacks Investment Research upgraded shares of HFF from a “hold” rating to a “buy” rating and set a $49.00 price target on the stock in a research note on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and three have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of $38.50.
A number of institutional investors have recently made changes to their positions in HF. Kayne Anderson Rudnick Investment Management LLC grew its position in shares of HFF by 19.2% during the second quarter. Kayne Anderson Rudnick Investment Management LLC now owns 5,064,575 shares of the financial services provider’s stock worth $176,095,000 after acquiring an additional 817,460 shares during the last quarter. Cooke & Bieler LP purchased a new position in shares of HFF during the second quarter worth approximately $8,645,000. Wells Fargo & Company MN grew its position in shares of HFF by 23.8% during the third quarter. Wells Fargo & Company MN now owns 1,099,096 shares of the financial services provider’s stock worth $43,480,000 after acquiring an additional 211,088 shares during the last quarter. Wasatch Advisors Inc. grew its position in shares of HFF by 6.5% during the second quarter. Wasatch Advisors Inc. now owns 2,328,213 shares of the financial services provider’s stock worth $80,952,000 after acquiring an additional 141,632 shares during the last quarter. Finally, Prudential Financial Inc. grew its position in shares of HFF by 161.3% during the second quarter. Prudential Financial Inc. now owns 193,135 shares of the financial services provider’s stock worth $6,715,000 after acquiring an additional 119,210 shares during the last quarter. Institutional investors own 88.01% of the company’s stock.
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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