HFF (HF) Releases Earnings Results, Beats Estimates By $0.10 EPS

HFF (NYSE:HF) released its quarterly earnings data on Tuesday. The financial services provider reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.10, MarketWatch Earnings reports. The company had revenue of $161.39 million for the quarter, compared to the consensus estimate of $154.60 million. HFF had a return on equity of 37.50% and a net margin of 15.72%.

Shares of NYSE:HF traded up $1.45 during mid-day trading on Wednesday, hitting $37.32. 17,733 shares of the company traded hands, compared to its average volume of 198,522. The company has a market cap of $1.39 billion, a P/E ratio of 15.25 and a beta of 1.07. HFF has a 52-week low of $32.99 and a 52-week high of $51.74.

In related news, CEO Mark Gibson sold 34,763 shares of the firm’s stock in a transaction dated Tuesday, September 25th. The stock was sold at an average price of $44.13, for a total transaction of $1,534,091.19. Following the sale, the chief executive officer now directly owns 422,028 shares in the company, valued at approximately $18,624,095.64. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, President Joe Thornton, Jr. sold 12,131 shares of the firm’s stock in a transaction dated Monday, September 24th. The shares were sold at an average price of $43.92, for a total value of $532,793.52. Following the sale, the president now owns 434,607 shares in the company, valued at $19,087,939.44. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 132,244 shares of company stock worth $5,696,330. Company insiders own 4.90% of the company’s stock.

HF has been the topic of a number of research reports. Zacks Investment Research downgraded HFF from a “hold” rating to a “strong sell” rating in a report on Wednesday, July 18th. ValuEngine upgraded HFF from a “sell” rating to a “hold” rating in a report on Thursday, July 19th. Finally, TheStreet upgraded HFF from a “c” rating to a “b-” rating in a report on Friday, July 27th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and a consensus target price of $46.00.

About HFF

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

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Earnings History for HFF (NYSE:HF)

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