Mitsubishi UFJ Trust & Banking Corp decreased its holdings in Howard Hughes Corporation (The) (NYSE:HHC) by 2.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 84,874 shares of the financial services provider’s stock after selling 1,980 shares during the quarter. Mitsubishi UFJ Trust & Banking Corp owned approximately 0.20% of Howard Hughes worth $10,009,000 as of its most recent filing with the SEC.
Several other large investors have also added to or reduced their stakes in the stock. Wells Fargo & Company MN lifted its position in shares of Howard Hughes by 64.4% during the 3rd quarter. Wells Fargo & Company MN now owns 121,927 shares of the financial services provider’s stock valued at $14,379,000 after acquiring an additional 47,773 shares during the last quarter. St. James Investment Company LLC bought a new stake in Howard Hughes during the 3rd quarter worth about $1,389,000. Hartland & Co. LLC bought a new stake in Howard Hughes during the 3rd quarter worth about $294,000. Schroder Investment Management Group lifted its position in Howard Hughes by 54.2% during the 3rd quarter. Schroder Investment Management Group now owns 252,171 shares of the financial services provider’s stock worth $29,615,000 after buying an additional 88,667 shares in the last quarter. Finally, Holt Capital Advisors L.L.C. dba Holt Capital Partners L.P. bought a new stake in Howard Hughes during the 3rd quarter worth about $349,000. Institutional investors and hedge funds own 85.26% of the company’s stock.
Several equities research analysts have commented on HHC shares. Zacks Investment Research cut shares of Howard Hughes from a “hold” rating to a “sell” rating in a research report on Tuesday, November 14th. BidaskClub cut shares of Howard Hughes from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th.
Howard Hughes Corporation (NYSE:HHC) opened at $126.69 on Monday. The firm has a market cap of $5,479.82, a PE ratio of 59.48 and a beta of 1.41. Howard Hughes Corporation has a 52 week low of $104.63 and a 52 week high of $131.39. The company has a debt-to-equity ratio of 0.99, a quick ratio of 1.74 and a current ratio of 1.74.
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About Howard Hughes
The Howard Hughes Corporation is a developer of master planned communities and mixed use properties. The Company is engaged in the ownership, management and the redevelopment or repositioning of real estate assets, as well as other real estate opportunities in the form of entitled and unentitled land and other development rights, also called Strategic Developments.
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