Trade Report: Today, HFF Inc. (HF) Stake Decreased by Jennison Associates LLC

Today, HFF Inc. (HF) Stake Decreased by Jennison Associates LLC

Jennison Associates LLC decreased its stake in HFF Inc. (NYSE:HF) by 22.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 35,609 shares of the company’s stock after selling 10,035 shares during the period. Jennison Associates LLC owned about 0.09% of HFF worth $986,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Huntington National Bank acquired a new position in shares of HFF during the second quarter valued at approximately $115,000. PineBridge Investments L.P. increased its position in shares of HFF by 4.1% in the second quarter. PineBridge Investments L.P. now owns 4,395 shares of the company’s stock valued at $127,000 after buying an additional 172 shares in the last quarter. Barclays PLC acquired a new position in shares of HFF during the second quarter valued at approximately $132,000. Teacher Retirement System of Texas increased its position in shares of HFF by 21.0% in the second quarter. Teacher Retirement System of Texas now owns 5,061 shares of the company’s stock valued at $146,000 after buying an additional 879 shares in the last quarter. Finally, Mason Street Advisors LLC acquired a new position in shares of HFF during the second quarter valued at approximately $196,000. 87.04% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HFF Inc. (NYSE:HF) opened at 30.16 on Friday. The company has a 50-day moving average price of $27.52 and a 200 day moving average price of $28.47. HFF Inc. has a 1-year low of $21.36 and a 1-year high of $35.71. The company has a market capitalization of $1.15 billion, a P/E ratio of 13.98 and a beta of 1.59.

HFF (NYSE:HF) last issued its quarterly earnings data on Wednesday, November 2nd. The company reported $0.51 EPS for the quarter, topping the consensus estimate of $0.49 by $0.02. The firm earned $126.50 million during the quarter, compared to the consensus estimate of $121.19 million. HFF had a return on equity of 43.76% and a net margin of 15.80%. Equities research analysts anticipate that HFF Inc. will post $2.02 EPS for the current year.

HF has been the subject of several research analyst reports. Zacks Investment Research downgraded HFF from a “hold” rating to a “sell” rating in a research note on Friday, November 4th. JMP Securities restated a “buy” rating on shares of HFF in a research note on Monday, November 21st. Finally, TheStreet downgraded HFF from a “buy” rating to a “hold” rating in a research note on Wednesday, November 2nd.

About HFF

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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