Howard Hughes Holdings Inc. $HHH Shares Sold by Twin Lakes Capital Management LLC

Twin Lakes Capital Management LLC trimmed its holdings in Howard Hughes Holdings Inc. (NYSE:HHH) by 5.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 6,769 shares of the company’s stock after selling 387 shares during the quarter. Twin Lakes Capital Management LLC’s holdings in Howard Hughes were worth $457,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HHH. Brighton Jones LLC acquired a new position in Howard Hughes in the fourth quarter valued at approximately $511,000. Mirae Asset Global Investments Co. Ltd. boosted its holdings in Howard Hughes by 116.7% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,340 shares of the company’s stock valued at $174,000 after purchasing an additional 1,260 shares in the last quarter. Summit Trail Advisors LLC boosted its holdings in Howard Hughes by 80.4% in the first quarter. Summit Trail Advisors LLC now owns 4,715 shares of the company’s stock valued at $349,000 after purchasing an additional 2,101 shares in the last quarter. Teacher Retirement System of Texas acquired a new position in Howard Hughes in the first quarter valued at approximately $353,000. Finally, Impax Asset Management Group plc boosted its holdings in Howard Hughes by 2.1% in the first quarter. Impax Asset Management Group plc now owns 262,705 shares of the company’s stock valued at $19,461,000 after purchasing an additional 5,312 shares in the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Trading Up 0.5%

NYSE:HHH opened at $81.77 on Monday. The stock has a fifty day moving average price of $79.54 and a two-hundred day moving average price of $72.59. The stock has a market capitalization of $4.86 billion, a price-to-earnings ratio of 17.89 and a beta of 1.23. The company has a debt-to-equity ratio of 1.85, a quick ratio of 1.18 and a current ratio of 1.18. Howard Hughes Holdings Inc. has a 1 year low of $61.40 and a 1 year high of $87.77.

Analyst Upgrades and Downgrades

HHH has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Howard Hughes in a research note on Saturday. JPMorgan Chase & Co. boosted their price objective on Howard Hughes from $76.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Wall Street Zen cut Howard Hughes from a “hold” rating to a “sell” rating in a research note on Saturday, August 9th. Finally, Zacks Research upgraded Howard Hughes from a “hold” rating to a “strong-buy” rating in a research note on Monday, September 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, Howard Hughes presently has an average rating of “Moderate Buy” and an average price target of $83.33.

Insiders Place Their Bets

In other Howard Hughes news, Director Anthony Williams sold 1,100 shares of the company’s stock in a transaction on Friday, September 26th. The stock was sold at an average price of $79.58, for a total value of $87,538.00. Following the sale, the director owned 8,102 shares of the company’s stock, valued at approximately $644,757.16. This represents a 11.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 48.00% of the company’s stock.

Howard Hughes Company Profile

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.