Amundi Sells 7,384 Shares of Howard Hughes Holdings Inc. $HHH

Amundi cut its holdings in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 2.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 294,844 shares of the company's stock after selling 7,384 shares during the period. Amundi owned approximately 0.59% of Howard Hughes worth $20,810,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Dark Forest Capital Management LP increased its position in shares of Howard Hughes by 134.0% in the first quarter. Dark Forest Capital Management LP now owns 59,536 shares of the company's stock valued at $4,410,000 after acquiring an additional 34,093 shares during the period. First Manhattan CO. LLC. increased its position in shares of Howard Hughes by 8.4% in the first quarter. First Manhattan CO. LLC. now owns 267,978 shares of the company's stock valued at $19,852,000 after acquiring an additional 20,684 shares during the period. Cubist Systematic Strategies LLC increased its position in shares of Howard Hughes by 236.0% in the first quarter. Cubist Systematic Strategies LLC now owns 61,395 shares of the company's stock valued at $4,548,000 after acquiring an additional 43,122 shares during the period. Royal Bank of Canada increased its position in shares of Howard Hughes by 1,900.6% in the first quarter. Royal Bank of Canada now owns 99,248 shares of the company's stock valued at $7,353,000 after acquiring an additional 94,287 shares during the period. Finally, Graham Capital Management L.P. increased its position in shares of Howard Hughes by 20.3% in the first quarter. Graham Capital Management L.P. now owns 38,200 shares of the company's stock valued at $2,830,000 after acquiring an additional 6,454 shares during the period. 93.83% of the stock is owned by institutional investors.

Howard Hughes Stock Down 0.0%

NYSE:HHH traded down $0.02 during mid-day trading on Friday, hitting $81.63. 412,060 shares of the company's stock were exchanged, compared to its average volume of 322,544. Howard Hughes Holdings Inc. has a one year low of $61.40 and a one 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. The business has a fifty day moving average price of $72.67 and a 200 day moving average price of $70.89. The company has a market cap of $4.85 billion, a PE ratio of 17.86 and a beta of 1.21.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on HHH shares. JPMorgan Chase & Co. boosted their price objective on shares of Howard Hughes from $76.00 to $85.00 and gave the company a "neutral" rating in a research report on Friday, August 29th. Zacks Research cut shares of Howard Hughes from a "strong-buy" rating to a "hold" rating in a research report on Friday, August 22nd. Wall Street Zen cut shares of Howard Hughes from a "hold" rating to a "sell" rating in a research report on Saturday, August 9th. Finally, Piper Sandler reduced their price target on shares of Howard Hughes from $105.00 to $85.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Two investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $83.33.

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.