Howard Hughes Corp (HHC) Shareholder Horizon Kinetics LLC Cut Its Position

June 16, 2018 - By Darrin Black

The Howard Hughes Corporation (NYSE:HHC) LogoInvestors sentiment increased to 1.49 in Q1 2018. Its up 0.18, from 1.31 in 2017Q4. It improved, as 18 investors sold HHC shares while 60 reduced holdings. 36 funds opened positions while 80 raised stakes. 35.00 million shares or 2.97% more from 33.99 million shares in 2017Q4 were reported. Oppenheimer Co Inc reported 0.01% of its portfolio in The Howard Hughes Corporation (NYSE:HHC). Prelude Limited Company invested 0.04% of its portfolio in The Howard Hughes Corporation (NYSE:HHC). Tci Wealth Advisors, a Arizona-based fund reported 59 shares. Rmb Management Limited Liability Company reported 0.02% in The Howard Hughes Corporation (NYSE:HHC). Pecaut & has invested 4.01% in The Howard Hughes Corporation (NYSE:HHC). Earnest Prns Limited Liability has 0% invested in The Howard Hughes Corporation (NYSE:HHC). Cubist Systematic Strategies Ltd Liability Company reported 0.02% of its portfolio in The Howard Hughes Corporation (NYSE:HHC). California State Teachers Retirement owns 59,551 shares or 0.02% of their US portfolio. Carroll Finance Assocs stated it has 33 shares or 0% of all its holdings. The New York-based 13D Mgmt Ltd Llc has invested 5.04% in The Howard Hughes Corporation (NYSE:HHC). Grand Jean Capital has 3.94% invested in The Howard Hughes Corporation (NYSE:HHC). California-based Franklin Resources Inc has invested 0.01% in The Howard Hughes Corporation (NYSE:HHC). Fdx Advsrs reported 2,859 shares. Trust Of Vermont has invested 0.05% of its portfolio in The Howard Hughes Corporation (NYSE:HHC). Guggenheim Cap Ltd Com invested in 72,451 shares.

Since December 29, 2017, it had 0 insider buys, and 4 sales for $377.34 million activity. $319.65 million worth of The Howard Hughes Corporation (NYSE:HHC) was sold by Pershing Square Capital Management – L.P. on Friday, December 29. Vasquez Sarah M also sold $1.01M worth of The Howard Hughes Corporation (NYSE:HHC) on Thursday, March 15. Davidsohn Reuben Seth sold $1.29 million worth of The Howard Hughes Corporation (NYSE:HHC) on Tuesday, April 3.

Murray Stahl decreased its stake in Howard Hughes Corp (HHC) by 9.69% based on its latest 2018Q1 regulatory filing with the SEC. Horizon Kinetics Llc sold 237,616 shares as the company’s stock rose 3.27% while stock markets declined. The hedge fund run by Murray Stahl held 2.22 million shares of the real estate investment trusts company at the end of 2018Q1, valued at $308.23 million, down from 2.45 million at the end of the previous reported quarter. Horizon Kinetics Llc who had been investing in Howard Hughes Corp for a number of months, seems to be less bullish one the $5.74B market cap company. The stock decreased 1.53% or $2.08 during the last trading session, reaching $133.43. About 163,507 shares traded. The Howard Hughes Corporation (NYSE:HHC) has declined 0.84% since June 16, 2017 and is downtrending. It has underperformed by 13.41% the S&P500.

Analysts await The Howard Hughes Corporation (NYSE:HHC) to report earnings on August, 6. They expect $-0.19 EPS, down 371.43 % or $0.26 from last year’s $0.07 per share. After $0.03 actual EPS reported by The Howard Hughes Corporation for the previous quarter, Wall Street now forecasts -733.33 % negative EPS growth.

More notable recent The Howard Hughes Corporation (NYSE:HHC) news were published by: Bizjournals.com which released: “Nearly 500 Woodlands residents file flood-related lawsuit against developers, engineering firm” on June 01, 2018, also Seekingalpha.com with their article: “Howard Hughes Corp. buys site in New York City’s Seaport district” published on June 12, 2018, Globenewswire.com published: “New Research Coverage Highlights Apollo Commercial Real Estate Finance, Drive Shack, GlycoMimetics, Dycom …” on May 22, 2018. More interesting news about The Howard Hughes Corporation (NYSE:HHC) were released by: Seekingalpha.com and their article: “Howard Hughes Corp. starts construction on 55-story Chicago office tower” published on June 15, 2018 as well as Seekingalpha.com‘s news article titled: “Emerging Value Capital Management Q1 – Howard Hughes Sold, Tesla Short Closed; New Long Positions” with publication date: May 24, 2018.

The Howard Hughes Corporation (NYSE:HHC) Institutional Positions Chart

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