Bridges Investment Management Inc. bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 6,599 shares of the company’s stock, valued at approximately $428,000.
Other large investors have also recently modified their holdings of the company. Fidelis Capital Partners LLC bought a new stake in shares of Howard Hughes during the 1st quarter worth $26,000. SPX Gestao de Recursos Ltda bought a new position in shares of Howard Hughes in the fourth quarter worth about $70,000. Headlands Technologies LLC boosted its stake in shares of Howard Hughes by 897.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock valued at $87,000 after purchasing an additional 1,202 shares in the last quarter. Innealta Capital LLC bought a new stake in shares of Howard Hughes during the 2nd quarter valued at approximately $116,000. Finally, Quent Capital LLC increased its position in Howard Hughes by 1,385.9% during the 1st quarter. Quent Capital LLC now owns 2,006 shares of the company’s stock worth $146,000 after purchasing an additional 1,871 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.
Howard Hughes Price Performance
Howard Hughes stock opened at $77.06 on Friday. The company has a market capitalization of $3.87 billion, a PE ratio of -6.57 and a beta of 1.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82. The stock has a 50-day moving average price of $72.20 and a two-hundred day moving average price of $68.94. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $86.72.
Analysts Set New Price Targets
Separately, Jefferies Financial Group cut their target price on shares of Howard Hughes from $89.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, June 4th.
Check Out Our Latest Analysis on Howard Hughes
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.
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