Vanguard Group Inc. Trims Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Vanguard Group Inc. trimmed its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHHFree Report) by 5.1% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 4,596,084 shares of the company’s stock after selling 249,205 shares during the period. Vanguard Group Inc. owned 9.15% of Howard Hughes worth $393,195,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HHH. International Assets Investment Management LLC purchased a new position in Howard Hughes during the fourth quarter valued at $44,000. Baker Avenue Asset Management LP bought a new position in Howard Hughes during the third quarter valued at $45,000. Citigroup Inc. bought a new position in Howard Hughes during the third quarter valued at $48,000. Baystate Wealth Management LLC bought a new position in Howard Hughes during the fourth quarter valued at $68,000. Finally, SPX Gestao de Recursos Ltda bought a new position in Howard Hughes during the fourth quarter valued at $70,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms have commented on HHH. JPMorgan Chase & Co. lowered their price objective on shares of Howard Hughes from $90.00 to $84.00 and set an “overweight” rating for the company in a research report on Tuesday, April 16th. Jefferies Financial Group lowered their price objective on shares of Howard Hughes from $89.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, June 4th.

View Our Latest Stock Report on HHH

Howard Hughes Price Performance

Howard Hughes stock opened at $65.14 on Friday. The firm has a 50-day moving average price of $65.86 and a 200-day moving average price of $73.05. The firm has a market capitalization of $3.27 billion, a PE ratio of -5.55 and a beta of 1.50. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.79. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $86.72.

Howard Hughes Company Profile

(Free Report)

Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments.

See Also

Institutional Ownership by Quarter for Howard Hughes (NYSE:HHH)

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