Howard Hughes (NYSE:HHH) Given "Hold (C-)" Rating at Weiss Ratings

Howard Hughes (NYSE:HHH - Get Free Report)'s stock had its "hold (c-)" rating reissued by research analysts at Weiss Ratings in a note issued to investors on Wednesday,Weiss Ratings reports.

Several other equities research analysts also recently weighed in on HHH. Zacks Research raised Howard Hughes from a "hold" rating to a "strong-buy" rating in a report on Monday, September 22nd. Wall Street Zen downgraded Howard Hughes from a "hold" rating to a "sell" rating in a report on Saturday, August 9th. Finally, JPMorgan Chase & Co. lifted their target price on Howard Hughes from $76.00 to $85.00 and gave the stock a "neutral" rating in a report on Friday, August 29th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $83.33.

Howard Hughes Price Performance

Howard Hughes stock opened at $82.66 on Wednesday. The stock's fifty day moving average price is $77.23 and its two-hundred day moving average price is $71.81. Howard Hughes 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 firm has a market cap of $4.91 billion, a PE ratio of 18.09 and a beta of 1.23.

Insiders Place Their Bets

In related news, Director Anthony Williams sold 1,100 shares of the company's stock in a transaction that occurred on Friday, September 26th. The stock was sold at an average price of $79.58, for a total transaction of $87,538.00. Following the transaction, the director directly owned 8,102 shares of the company's stock, valued at approximately $644,757.16. This represents a 11.95% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 48.00% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Cooper Financial Group acquired a new position in Howard Hughes during the 3rd quarter worth approximately $264,000. Osaic Holdings Inc. increased its holdings in Howard Hughes by 144.1% during the 2nd quarter. Osaic Holdings Inc. now owns 5,482 shares of the company's stock worth $370,000 after purchasing an additional 3,236 shares in the last quarter. State of Wyoming bought a new stake in Howard Hughes during the 2nd quarter worth approximately $135,000. Headlands Technologies LLC bought a new stake in Howard Hughes during the 2nd quarter worth approximately $265,000. Finally, Sender Co & Partners Inc. bought a new stake in Howard Hughes during the 2nd quarter worth approximately $234,000. 93.83% of the stock is owned by institutional investors and hedge funds.

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.

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