500 Shares in Howard Hughes Holdings Inc. $HHH Bought by National Bank of Canada FI

National Bank of Canada FI bought a new position in Howard Hughes Holdings Inc. (NYSE:HHH) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 500 shares of the company’s stock, valued at approximately $37,000.

Several other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC purchased a new position in Howard Hughes during the 4th quarter valued at $511,000. Handelsbanken Fonder AB increased its position in Howard Hughes by 37.6% during the 1st quarter. Handelsbanken Fonder AB now owns 19,758 shares of the company’s stock valued at $1,464,000 after purchasing an additional 5,400 shares during the period. LDR Capital Management LLC increased its position in Howard Hughes by 25.2% during the 1st quarter. LDR Capital Management LLC now owns 31,321 shares of the company’s stock valued at $2,320,000 after purchasing an additional 6,306 shares during the period. Teacher Retirement System of Texas purchased a new position in Howard Hughes during the 1st quarter valued at $353,000. Finally, Wealth Enhancement Advisory Services LLC purchased a new position in Howard Hughes during the 4th quarter valued at $497,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

HHH has been the topic of a number of research analyst reports. Wall Street Zen downgraded shares of Howard Hughes from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. BMO Capital Markets reduced their price objective on shares of Howard Hughes from $85.00 to $80.00 and set an “outperform” rating on the stock in a research report on Wednesday, May 7th. JPMorgan Chase & Co. downgraded shares of Howard Hughes from an “overweight” rating to a “neutral” rating and reduced their price objective for the company from $82.00 to $76.00 in a research report on Monday, June 23rd. Finally, Piper Sandler dropped their target price on shares of Howard Hughes from $105.00 to $85.00 and set an “overweight” rating on the stock in a report on Friday, May 23rd. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company. According to MarketBeat.com, Howard Hughes has a consensus rating of “Moderate Buy” and a consensus price target of $80.33.

Howard Hughes Trading Up 1.5%

Howard Hughes stock opened at $74.38 on Wednesday. The firm has a 50 day moving average of $69.78 and a 200 day moving average of $70.72. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 16.28 and a beta of 1.22. Howard Hughes Holdings Inc. has a 12-month low of $61.40 and a 12-month high of $87.77. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.85.

About Howard Hughes

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.