Howard Hughes Holdings Inc. $HHH Position Lifted by Diversified Trust Co

Key Points

• Diversified Trust Co increased its stake in Howard Hughes Holdings Inc. by 104.1%, owning 12,630 shares valued at $853,000 by the end of Q2.
• Several institutional investors have significantly increased their positions, with 93.83% of the stock currently owned by such investors.
• Analysts have provided mixed ratings on HHH, with a consensus price target of $83.33 and a recent downgrade from "hold" to "sell" by Wall Street Zen.

Diversified Trust Co raised its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 104.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,630 shares of the company's stock after acquiring an additional 6,443 shares during the quarter. Diversified Trust Co's holdings in Howard Hughes were worth $853,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Caitong International Asset Management Co. Ltd lifted its position in shares of Howard Hughes by 910.3% in the 1st quarter. Caitong International Asset Management Co. Ltd now owns 394 shares of the company's stock worth $29,000 after buying an additional 355 shares during the last quarter. National Bank of Canada FI bought a new position in shares of Howard Hughes in the 1st quarter worth about $37,000. Larson Financial Group LLC lifted its position in shares of Howard Hughes by 2,290.9% in the 1st quarter. Larson Financial Group LLC now owns 526 shares of the company's stock worth $39,000 after buying an additional 504 shares during the last quarter. SBI Securities Co. Ltd. lifted its position in shares of Howard Hughes by 14,500.0% in the 1st quarter. SBI Securities Co. Ltd. now owns 876 shares of the company's stock worth $65,000 after buying an additional 870 shares during the last quarter. Finally, Whittier Trust Co. bought a new position in shares of Howard Hughes in the 1st quarter worth about $161,000. 93.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research firms have recently issued reports on HHH. Wall Street Zen downgraded shares of Howard Hughes from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. JPMorgan Chase & Co. raised their price target on shares of Howard Hughes from $76.00 to $85.00 and gave the stock a "neutral" rating in a research report on Friday, August 29th. Finally, Zacks Research downgraded shares of Howard Hughes from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Two analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Howard Hughes has a consensus rating of "Moderate Buy" and a consensus price target of $83.33.

Howard Hughes Stock Performance

Shares of HHH opened at $80.99 on Tuesday. The firm's 50 day moving average is $74.14 and its 200-day moving average is $71.07. The stock has a market capitalization of $4.81 billion, a P/E ratio of 17.72 and a beta of 1.21. 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 Holdings Inc. has a 12-month low of $61.40 and a 12-month high of $87.77.

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.

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