Metropolitan Life Insurance Co NY Cuts Stock Position in HFF, Inc. (NYSE:HF)

Metropolitan Life Insurance Co NY reduced its holdings in shares of HFF, Inc. (NYSE:HF) by 2.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,197 shares of the financial services provider’s stock after selling 368 shares during the quarter. Metropolitan Life Insurance Co NY’s holdings in HFF were worth $582,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of HFF by 0.5% during the fourth quarter. BlackRock Inc. now owns 5,586,946 shares of the financial services provider’s stock worth $185,263,000 after buying an additional 26,265 shares in the last quarter. Wells Fargo & Company MN lifted its holdings in shares of HFF by 2.5% during the first quarter. Wells Fargo & Company MN now owns 1,080,244 shares of the financial services provider’s stock worth $51,583,000 after buying an additional 26,391 shares in the last quarter. Norges Bank acquired a new stake in shares of HFF during the fourth quarter worth $16,693,000. Alpine Associates Management Inc. acquired a new stake in shares of HFF during the first quarter worth $23,207,000. Finally, Epoch Investment Partners Inc. lifted its holdings in shares of HFF by 23.0% during the fourth quarter. Epoch Investment Partners Inc. now owns 440,946 shares of the financial services provider’s stock worth $14,622,000 after buying an additional 82,331 shares in the last quarter. 85.83% of the stock is owned by institutional investors.

Shares of NYSE HF remained flat at $$45.60 during mid-day trading on Friday. The company had a trading volume of 11,532,818 shares, compared to its average volume of 1,169,297. HFF, Inc. has a 52 week low of $31.38 and a 52 week high of $49.25. The firm has a market capitalization of $1.82 billion, a price-to-earnings ratio of 15.83 and a beta of 1.59. The firm has a 50 day moving average of $45.02.

HFF (NYSE:HF) last issued its quarterly earnings results on Wednesday, April 24th. The financial services provider reported $0.69 EPS for the quarter, topping the Zacks’ consensus estimate of $0.42 by $0.27. HFF had a return on equity of 41.56% and a net margin of 18.38%. The company had revenue of $159.18 million for the quarter, compared to analysts’ expectations of $144.60 million. As a group, sell-side analysts forecast that HFF, Inc. will post 3.03 EPS for the current fiscal year.

Separately, Zacks Investment Research cut Hancock Jaffe Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, June 26th.

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.

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Institutional Ownership by Quarter for HFF (NYSE:HF)

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