Teza Capital Management LLC Invests $381,000 in Howard Hughes Holdings Inc. $HHH

Key Points

• Teza Capital Management LLC has invested approximately $381,000 in Howard Hughes Holdings Inc., acquiring over 5,139 shares of the company's stock during the first quarter.
• Over 93% of Howard Hughes' stock is currently owned by institutional investors and hedge funds, indicating strong institutional support.
• Howard Hughes stock has recently seen a price increase of 1.5%, with analysts giving it a Moderate Buy rating and an average target price of $83.33.

Teza Capital Management LLC bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 5,139 shares of the company's stock, valued at approximately $381,000.

A number of other institutional investors and hedge funds have also bought and sold shares of HHH. Caitong International Asset Management Co. Ltd increased its position 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 bought a new position in Howard Hughes during the first quarter worth $37,000. Larson Financial Group LLC increased its position 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. increased its position 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. bought a new position in Howard Hughes during the first quarter worth $161,000. Institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Down 0.0%

Howard Hughes stock traded down $0.02 during trading hours on Friday, reaching $81.63. 412,060 shares of the company's stock traded hands, compared to its average volume of 322,544. 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 fifty-two week low of $61.40 and a fifty-two week high of $87.77. The firm has a market capitalization of $4.85 billion, a price-to-earnings ratio of 17.86 and a beta of 1.21. The firm's 50 day moving average is $72.67 and its 200-day moving average is $70.89.

Analyst Upgrades and Downgrades

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

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.