15,319 Shares in Howard Hughes Holdings Inc. $HHH Acquired by GSA Capital Partners LLP

GSA Capital Partners LLP bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 15,319 shares of the company’s stock, valued at approximately $1,222,000.

Other hedge funds and other institutional investors have also modified their holdings of the company. Signaturefd LLC lifted its position in shares of Howard Hughes by 41.5% during the 4th quarter. Signaturefd LLC now owns 423 shares of the company’s stock worth $34,000 after buying an additional 124 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Howard Hughes by 191.5% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the company’s stock worth $35,000 after buying an additional 339 shares during the period. Fifth Third Bancorp lifted its position in shares of Howard Hughes by 37.2% during the 4th quarter. Fifth Third Bancorp now owns 572 shares of the company’s stock worth $46,000 after buying an additional 155 shares during the period. Allworth Financial LP lifted its position in shares of Howard Hughes by 56.1% during the 4th quarter. Allworth Financial LP now owns 662 shares of the company’s stock worth $53,000 after buying an additional 238 shares during the period. Finally, CWM LLC lifted its position in shares of Howard Hughes by 69.6% during the 3rd quarter. CWM LLC now owns 665 shares of the company’s stock worth $55,000 after buying an additional 273 shares during the period. Institutional investors own 93.83% of the company’s stock.

Analysts Set New Price Targets

HHH has been the subject of several analyst reports. Wall Street Zen upgraded Howard Hughes from a “sell” rating to a “hold” rating in a research report on Saturday, May 9th. Zacks Research downgraded Howard Hughes from a “hold” rating to a “strong sell” rating in a research report on Friday, April 24th. Finally, Weiss Ratings downgraded Howard Hughes from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Howard Hughes presently has a consensus rating of “Reduce” and an average price target of $85.00.

Insider Buying and Selling at Howard Hughes

In other Howard Hughes news, General Counsel Joseph Valane acquired 1,260 shares of the business’s stock in a transaction on Friday, March 13th. The stock was purchased at an average price of $64.45 per share, for a total transaction of $81,207.00. Following the transaction, the general counsel owned 29,209 shares in the company, valued at $1,882,520.05. This trade represents a 4.51% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider James Carman sold 1,500 shares of Howard Hughes stock in a transaction on Friday, May 15th. The shares were sold at an average price of $64.20, for a total value of $96,300.00. Following the completion of the transaction, the insider owned 22,096 shares of the company’s stock, valued at approximately $1,418,563.20. The trade was a 6.36% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 48.00% of the company’s stock.

Howard Hughes Trading Up 3.3%

Shares of HHH opened at $64.06 on Thursday. The stock has a fifty day moving average price of $63.82 and a two-hundred day moving average price of $75.19. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.58 and a current ratio of 1.58. Howard Hughes Holdings Inc. has a 52-week low of $61.01 and a 52-week high of $91.07. The company has a market cap of $3.82 billion, a price-to-earnings ratio of 31.40 and a beta of 1.15.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.06. Howard Hughes had a return on equity of 5.41% and a net margin of 8.04%.The firm had revenue of $235.92 million during the quarter. During the same quarter in the previous year, the firm posted $0.21 EPS. The company’s revenue for the quarter was up 18.4% compared to the same quarter last year. Analysts predict that Howard Hughes Holdings Inc. will post 3.01 EPS for the current fiscal year.

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. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.