Howard Hughes Holdings Inc. (NYSE:HHH – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $70.47, but opened at $73.98. Howard Hughes shares last traded at $74.35, with a volume of 46,381 shares trading hands.
Analysts Set New Price Targets
Several equities analysts have issued reports on the stock. JPMorgan Chase & Co. cut their price target on shares of Howard Hughes from $90.00 to $84.00 and set an “overweight” rating on the stock in a report on Tuesday, April 16th. Jefferies Financial Group dropped their target price on Howard Hughes from $89.00 to $80.00 and set a “buy” rating on the stock in a research note on Tuesday, June 4th.
Read Our Latest Stock Report on Howard Hughes
Howard Hughes Stock Performance
Institutional Trading of Howard Hughes
Several large investors have recently added to or reduced their stakes in HHH. Fidelis Capital Partners LLC purchased a new position in shares of Howard Hughes during the first quarter worth $26,000. International Assets Investment Management LLC purchased a new stake in shares of Howard Hughes in the fourth quarter worth about $44,000. Fifth Third Bancorp acquired a new stake in Howard Hughes during the first quarter worth about $38,000. Citigroup Inc. purchased a new position in Howard Hughes during the third quarter valued at approximately $48,000. Finally, Baystate Wealth Management LLC acquired a new position in Howard Hughes in the fourth quarter valued at approximately $68,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than Howard Hughes
- How Investors Can Identify and Successfully Trade Gap-Down Stocks
- 3M Surprises and Rebound Accelerates: It Isn’t Too Late To Get In
- How to Invest in Biotech Stocks
- Skechers Stock Shows Strength Among Consumer Discretionary Sector
- What is the Dow Jones Industrial Average (DJIA)?
- Tech Stocks Tumble, These Stocks Present Buying Opportunity
Receive News & Ratings for Howard Hughes Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Howard Hughes and related companies with MarketBeat.com's FREE daily email newsletter.