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 first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 294,844 shares of the company's stock after selling 7,384 shares during the quarter. Amundi owned 0.59% of Howard Hughes worth $20,810,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Proficio Capital Partners LLC grew its holdings in shares of Howard Hughes by 1.2% in the first quarter. Proficio Capital Partners LLC now owns 14,744 shares of the company's stock valued at $1,089,000 after purchasing an additional 170 shares in the last quarter. Stifel Financial Corp grew its holdings in shares of Howard Hughes by 4.2% in the fourth quarter. Stifel Financial Corp now owns 5,743 shares of the company's stock valued at $442,000 after purchasing an additional 234 shares in the last quarter. Caitong International Asset Management Co. Ltd grew its holdings in shares of Howard Hughes by 910.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 394 shares of the company's stock valued at $29,000 after purchasing an additional 355 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Howard Hughes by 9.2% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 4,325 shares of the company's stock valued at $333,000 after purchasing an additional 366 shares in the last quarter. Finally, National Bank of Canada FI purchased a new position in shares of Howard Hughes in the first quarter valued at $37,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

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

Howard Hughes Trading Up 0.8%

HHH traded up $0.66 during trading on Wednesday, reaching $78.78. The company had a trading volume of 263,595 shares, compared to its average volume of 324,043. The stock has a market cap of $4.68 billion, a P/E ratio of 13.35 and a beta of 1.21. The business has a 50 day simple moving average of $72.19 and a 200-day simple moving average of $70.82. Howard Hughes Holdings Inc. has a 52 week low of $61.40 and a 52 week high of $87.77. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.85.

About Howard Hughes

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.