Anthony Williams Sells 311 Shares of Howard Hughes Holdings Inc. (NYSE:HHH) Stock

Howard Hughes Holdings Inc. (NYSE:HHH) Director Anthony Williams sold 311 shares of the stock in a transaction that occurred on Tuesday, May 28th. The stock was sold at an average price of $64.75, for a total value of $20,137.25. Following the completion of the transaction, the director now owns 4,677 shares in the company, valued at approximately $302,835.75. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Anthony Williams also recently made the following trade(s):

• On Monday, April 1st, Anthony Williams sold 277 shares of Howard Hughes stock. The shares were sold at an average price of $72.52, for a total value of $20,088.04.

Howard Hughes Trading Down 1.7 %

Shares of HHH stock opened at $63.44 on Wednesday. The firm has a market capitalization of $3.19 billion, a P/E ratio of -5.41 and a beta of 1.50. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $86.72. The firm’s fifty day simple moving average is $65.68 and its 200 day simple moving average is $73.17. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 1.79.

Wall Street Analyst Weigh In

HHH has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. dropped their price target on shares of Howard Hughes from $90.00 to $84.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 16th. Jefferies Financial Group lowered their price target on Howard Hughes from $89.00 to $80.00 and set a “buy” rating on the stock in a research report on Tuesday, June 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Pershing Square Capital Management L.P. lifted its position in shares of Howard Hughes by 12.2% in the 4th quarter. Pershing Square Capital Management L.P. now owns 18,852,064 shares of the company’s stock worth $1,612,794,000 after acquiring an additional 2,045,156 shares during the period. Vanguard Group Inc. acquired a new position in Howard Hughes in the third quarter worth about $359,181,000. Dimensional Fund Advisors LP lifted its stake in Howard Hughes by 9.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,352,501 shares of the company’s stock worth $201,259,000 after purchasing an additional 193,957 shares during the period. Donald Smith & CO. Inc. boosted its holdings in Howard Hughes by 26.7% during the first quarter. Donald Smith & CO. Inc. now owns 1,296,021 shares of the company’s stock valued at $94,117,000 after purchasing an additional 272,742 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in shares of Howard Hughes by 14.7% in the 1st quarter. Russell Investments Group Ltd. now owns 383,122 shares of the company’s stock valued at $27,822,000 after purchasing an additional 49,103 shares during the period. Institutional investors own 93.83% of the company’s stock.

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.