78,848 Shares in Howard Hughes Holdings Inc. $HHH Purchased by Northside Capital Management LLC

Key Points

• Northside Capital Management LLC acquired 78,848 shares of Howard Hughes Holdings Inc., valued at approximately $5.3 million, marking a new position for the firm.
• Multiple institutional investors have significantly increased their stakes in Howard Hughes, with stock ownership by institutional investors and hedge funds now at 93.83%.
• Analysts have mixed ratings on Howard Hughes, with one upgrade to a "strong-buy", while the average price target for the stock has been set at $83.33.

Northside Capital Management LLC bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 78,848 shares of the company's stock, valued at approximately $5,322,000. Northside Capital Management LLC owned 0.16% of Howard Hughes as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Caitong International Asset Management Co. Ltd grew its holdings in Howard Hughes by 910.3% during the first quarter. Caitong International Asset Management Co. Ltd now owns 394 shares of the company's stock worth $29,000 after acquiring an additional 355 shares during the period. National Bank of Canada FI acquired a new stake in Howard Hughes during the first quarter worth about $37,000. Larson Financial Group LLC grew its holdings in Howard Hughes by 2,290.9% during the first quarter. Larson Financial Group LLC now owns 526 shares of the company's stock worth $39,000 after acquiring an additional 504 shares during the period. SBI Securities Co. Ltd. grew its holdings in Howard Hughes by 14,500.0% during the first quarter. SBI Securities Co. Ltd. now owns 876 shares of the company's stock worth $65,000 after acquiring an additional 870 shares during the period. Finally, Whittier Trust Co. purchased a new position in Howard Hughes during the first quarter worth approximately $161,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts have issued reports on the company. Zacks Research upgraded Howard Hughes from a "hold" rating to a "strong-buy" rating in a research report on Monday. Wall Street Zen downgraded Howard Hughes from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, JPMorgan Chase & Co. increased their price target on Howard Hughes from $76.00 to $85.00 and gave the stock a "neutral" rating in a research report on Friday, August 29th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Buy" and an average price target of $83.33.

Howard Hughes Stock Performance

NYSE HHH opened at $80.57 on Wednesday. The company has a market cap of $4.79 billion, a PE ratio of 17.63 and a beta of 1.21. The stock's 50 day simple moving average is $74.37 and its 200-day simple moving average is $71.14. Howard Hughes Holdings Inc. has a 1-year low of $61.40 and a 1-year high of $87.77. The company has a debt-to-equity ratio of 1.85, a current ratio of 1.18 and a quick ratio of 1.18.

Howard Hughes 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.

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