HFF Inc. (NYSE:HF) shares saw unusually-high trading volume on Monday . Approximately 200,337 shares changed hands during mid-day trading, an increase of 3% from the previous session’s volume of 193,581 shares.The stock last traded at $26.60 and had previously closed at $26.45.
HF has been the subject of a number of recent research reports. TheStreet raised HFF from a “hold” rating to a “buy” rating in a research note on Monday, July 25th. Keefe, Bruyette & Woods began coverage on HFF in a research note on Monday, May 16th. They issued a “market perform” rating and a $34.00 target price for the company. Finally, Zacks Investment Research cut HFF from a “strong-buy” rating to a “hold” rating in a report on Tuesday, June 28th.
The firm has a 50-day moving average price of $27.41 and a 200-day moving average price of $28.77. The firm has a market capitalization of $1.02 billion, a price-to-earnings ratio of 12.46 and a beta of 1.89.
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HFF (NYSE:HF) last posted its quarterly earnings results on Monday, July 25th. The company reported $0.41 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.51 by $0.10. HFF had a net margin of 16.05% and a return on equity of 44.99%. On average, equities analysts predict that HFF Inc. will post $2.02 earnings per share for the current year.
In other HFF news, CEO Mark Gibson sold 17,849 shares of the business’s stock in a transaction on Friday, July 22nd. The stock was sold at an average price of $29.54, for a total transaction of $527,259.46. Following the sale, the chief executive officer now directly owns 685,006 shares in the company, valued at $20,235,077.24. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, President Joe Thornton, Jr. sold 39,827 shares of the business’s stock in a transaction on Tuesday, July 26th. The stock was sold at an average price of $28.12, for a total value of $1,119,935.24. Following the sale, the president now owns 706,679 shares in the company, valued at $19,871,813.48. The disclosure for this sale can be found here. 7.40% of the stock is owned by corporate insiders.
HFF, Inc is a provider of commercial real estate and capital markets services to both the users and providers of capital in the United States commercial real estate industry. The Company offers capital markets services, including debt placement; investment sales; distressed debt and real estate owned advisory services; equity placement; investment banking and advisory services; loan sales, and commercial loan servicing.
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