Short Interest in HFF, Inc. (NYSE:HF) Rises By 21.7%

HFF, Inc. (NYSE:HF) was the target of a significant growth in short interest during the month of June. As of June 15th, there was short interest totalling 1,507,000 shares, a growth of 21.7% from the May 15th total of 1,237,800 shares. Approximately 4.1% of the company’s stock are short sold. Based on an average daily volume of 466,300 shares, the days-to-cover ratio is currently 3.2 days.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Rhumbline Advisers raised its position in shares of HFF by 20.8% in the fourth quarter. Rhumbline Advisers now owns 110,111 shares of the financial services provider’s stock worth $3,651,000 after acquiring an additional 18,988 shares during the period. Cambridge Investment Research Advisors Inc. raised its position in shares of HFF by 8.8% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 19,895 shares of the financial services provider’s stock worth $660,000 after acquiring an additional 1,607 shares during the period. Victory Capital Management Inc. raised its position in shares of HFF by 4.1% in the fourth quarter. Victory Capital Management Inc. now owns 7,090 shares of the financial services provider’s stock worth $235,000 after acquiring an additional 276 shares during the period. Oregon Public Employees Retirement Fund acquired a new position in shares of HFF in the fourth quarter worth about $493,000. Finally, Piedmont Investment Advisors Inc. raised its position in shares of HFF by 3.3% in the fourth quarter. Piedmont Investment Advisors Inc. now owns 9,280 shares of the financial services provider’s stock worth $308,000 after acquiring an additional 297 shares during the period. 85.83% of the stock is currently owned by hedge funds and other institutional investors.

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

Shares of HF remained flat at $$45.60 during midday trading on Friday. 11,532,818 shares of the stock were exchanged, compared to its average volume of 1,169,297. The firm’s fifty day simple moving average is $45.02. The firm has a market cap of $1.82 billion, a price-to-earnings ratio of 15.83 and a beta of 1.59. HFF has a fifty-two week low of $31.38 and a fifty-two week high of $49.25.

HFF (NYSE:HF) last issued its quarterly earnings data on Wednesday, April 24th. The financial services provider reported $0.69 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.42 by $0.27. HFF had a net margin of 18.38% and a return on equity of 41.56%. The company had revenue of $159.18 million for the quarter, compared to the consensus estimate of $144.60 million. As a group, research analysts anticipate that HFF will post 3.03 EPS for the current year.

HFF Company Profile

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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