Raymond James Financial Services Advisors Inc. Reduces Holdings in HFF, Inc. (NYSE:HF)

Raymond James Financial Services Advisors Inc. decreased its position in shares of HFF, Inc. (NYSE:HF) by 10.2% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,995 shares of the financial services provider’s stock after selling 1,473 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in HFF were worth $431,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. AlphaCrest Capital Management LLC bought a new position in HFF in the 4th quarter worth $249,000. Bremer Trust National Association acquired a new stake in shares of HFF during the 4th quarter valued at about $93,000. Texas Permanent School Fund boosted its position in shares of HFF by 4.0% during the 4th quarter. Texas Permanent School Fund now owns 25,598 shares of the financial services provider’s stock valued at $849,000 after acquiring an additional 986 shares in the last quarter. BlackRock Inc. boosted its position in shares of HFF by 0.5% during the 4th quarter. BlackRock Inc. now owns 5,586,946 shares of the financial services provider’s stock valued at $185,263,000 after acquiring an additional 26,265 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its position in shares of HFF by 5.3% during the 4th quarter. New York State Common Retirement Fund now owns 45,820 shares of the financial services provider’s stock valued at $1,519,000 after acquiring an additional 2,320 shares in the last quarter. 88.18% of the stock is currently owned by institutional investors and hedge funds.

Separately, Zacks Investment Research lowered shares of HFF from a “buy” rating to a “hold” rating in a research report on Tuesday, February 12th.

Shares of HF traded up $0.44 on Friday, reaching $47.69. 202,008 shares of the company’s stock were exchanged, compared to its average volume of 510,653. The company has a market cap of $1.87 billion, a price-to-earnings ratio of 16.56 and a beta of 1.70. HFF, Inc. has a 12 month low of $31.38 and a 12 month high of $49.31.

HFF (NYSE:HF) last posted its quarterly earnings results on Thursday, February 21st. The financial services provider reported $1.11 earnings per share for the quarter, topping the Zacks’ consensus estimate of $1.04 by $0.07. HFF had a net margin of 17.52% and a return on equity of 39.16%. The business had revenue of $215.30 million during the quarter, compared to the consensus estimate of $190.10 million. As a group, equities analysts anticipate that HFF, Inc. will post 2.76 earnings per share for the current fiscal year.

WARNING: “Raymond James Financial Services Advisors Inc. Reduces Holdings in HFF, Inc. (NYSE:HF)” was originally published by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.baseballdailydigest.com/news/2019/04/21/raymond-james-financial-services-advisors-inc-cuts-holdings-in-hff-inc-hf.html.

About HFF

HFF, Inc provides commercial real estate and capital market services to the consumers and providers of capital in the commercial real estate industry in the United States. The company offers debt placement services, such as construction and construction/mini-permanent loans, adjustable and fixed rate mortgages, bridge loans, entity level and mezzanine debts, forward delivery loans, and tax exempt and sale/leaseback financing to the owners of various properties comprising office, retail, industrial, hotel, multi-housing, student housing, self-storage, nursing homes, condominiums and condominium conversions, mixed-use properties, and land, as well as senior, independent, and assisted living facilities.

Featured Story: The components of the Stochastic Momentum Index

Institutional Ownership by Quarter for HFF (NYSE:HF)

Receive News & Ratings for HFF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for HFF and related companies with MarketBeat.com's FREE daily email newsletter.