Howard Hughes Holdings Inc. $HHH Shares Acquired by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lifted its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 6.6% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 3,958 shares of the company’s stock after buying an additional 245 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Howard Hughes were worth $267,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Caitong International Asset Management Co. Ltd raised its stake in shares of Howard Hughes by 910.3% during the 1st quarter. Caitong International Asset Management Co. Ltd now owns 394 shares of the company’s stock worth $29,000 after buying an additional 355 shares during the last quarter. National Bank of Canada FI acquired a new position in shares of Howard Hughes during the 1st quarter worth $37,000. Larson Financial Group LLC raised its stake in shares of Howard Hughes by 2,290.9% during the 1st quarter. Larson Financial Group LLC now owns 526 shares of the company’s stock worth $39,000 after buying an additional 504 shares during the last quarter. SBI Securities Co. Ltd. raised its stake in shares of Howard Hughes by 14,500.0% during the 1st quarter. SBI Securities Co. Ltd. now owns 876 shares of the company’s stock worth $65,000 after buying an additional 870 shares during the last quarter. Finally, Whittier Trust Co. acquired a new position in shares of Howard Hughes during the 1st quarter worth $161,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Up 1.1%

HHH opened at $80.63 on Tuesday. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.18 and a quick ratio of 1.18. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of 17.64 and a beta of 1.23. The business has a 50-day moving average of $78.92 and a two-hundred day moving average of $72.13. Howard Hughes Holdings Inc. has a 12 month low of $61.40 and a 12 month high of $87.77.

Analyst Upgrades and Downgrades

HHH has been the subject of a number of recent research reports. Wall Street Zen cut Howard Hughes from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. lifted their price objective on Howard Hughes from $76.00 to $85.00 and gave the stock a “neutral” rating in a research report on Friday, August 29th. Zacks Research upgraded Howard Hughes from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Howard Hughes in a research report on Wednesday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Howard Hughes has an average rating of “Moderate Buy” and an average price target of $83.33.

Insider Buying and Selling

In other Howard Hughes news, Director Anthony Williams sold 1,100 shares of Howard Hughes stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $79.58, for a total value of $87,538.00. Following the completion of the sale, the director owned 8,102 shares in the company, valued at $644,757.16. The trade was a 11.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 48.00% of the stock is owned by company insiders.

Howard Hughes Profile

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.