Howard Hughes Corp (HHC) Shareholder Horizon Kinetics LLC Has Decreased Its Stake

March 14, 2018 - By Maria Brooks

Investors sentiment decreased to 1.45 in 2017 Q3. Its down 0.11, from 1.56 in 2017Q2. It dropped, as 20 investors sold HHC shares while 54 reduced holdings. 31 funds opened positions while 76 raised stakes. 35.06 million shares or 1.51% more from 34.54 million shares in 2017Q2 were reported. Schwab Charles Investment Mngmt Inc has 0.02% invested in The Howard Hughes Corporation (NYSE:HHC) for 161,578 shares. Oxbow Advsrs Ltd Company reported 2,310 shares. Balyasny Asset Ltd holds 0.07% or 161,763 shares in its portfolio. The Nebraska-based Cwm Llc has invested 0% in The Howard Hughes Corporation (NYSE:HHC). Manufacturers Life Insur The invested in 0% or 1,275 shares. Alliancebernstein Limited Partnership owns 20,640 shares. Teacher Retirement Systems Of Texas stated it has 3,154 shares. State Board Of Administration Of Florida Retirement owns 70,929 shares or 0.02% of their US portfolio. Mad River Invsts reported 86,439 shares stake. Geode Capital Mngmt Ltd Company holds 0.01% in The Howard Hughes Corporation (NYSE:HHC) or 306,733 shares. 13D Lc holds 113,147 shares. Profund Advsr Limited Co holds 0.01% or 1,979 shares. Arrowmark Colorado Hldgs Ltd Liability Com stated it has 10,950 shares or 0.01% of all its holdings. Glenmede Na stated it has 118 shares. Blackrock Inc has 0.01% invested in The Howard Hughes Corporation (NYSE:HHC).

Since December 29, 2017, it had 0 insider purchases, and 1 sale for $319.65 million activity.

Murray Stahl decreased its stake in Howard Hughes Corp (HHC) by 1.82% based on its latest 2017Q3 regulatory filing with the SEC. Horizon Kinetics Llc sold 46,842 shares as the company’s stock rose 10.78% with the market. The hedge fund run by Murray Stahl held 2.53 million shares of the real estate investment trusts company at the end of 2017Q3, valued at $298.41 million, down from 2.58 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 $5.81 billion market cap company. The stock decreased 0.35% or $0.48 during the last trading session, reaching $136.95. About 175,586 shares traded. The Howard Hughes Corporation (NYSE:HHC) has risen 25.50% since March 14, 2017 and is uptrending. It has outperformed by 8.80% the S&P500.

Analysts await The Howard Hughes Corporation (NYSE:HHC) to report earnings on May, 2. They expect $0.37 EPS, up 184.62 % or $0.24 from last year’s $0.13 per share. HHC’s profit will be $15.70 million for 92.53 P/E if the $0.37 EPS becomes a reality. After $1.28 actual EPS reported by The Howard Hughes Corporation for the previous quarter, Wall Street now forecasts -71.09 % negative EPS growth.

More notable recent The Howard Hughes Corporation (NYSE:HHC) news were published by: which released: “Howard Hughes Corp’s (HHC) CEO David Weinreb on Q4 2017 Results – Earnings …” on February 27, 2018, also with their article: “Howard Hughes Corp. Thrives as Ackman Trims His Holdings” published on February 27, 2018, published: “Howard Hughes launching unrestricted sales of 5th Honolulu tower in March” on February 14, 2018. More interesting news about The Howard Hughes Corporation (NYSE:HHC) were released by: and their article: “Howard Hughes Corp. says it’s sold 93% of Honolulu condo units: Slideshow” published on February 27, 2018 as well as‘s news article titled: “3 Stocks to Watch on Tuesday: Exelixis, Inc. (EXEL), Howard Hughes Corp (HHC …” with publication date: February 27, 2018.

The Howard Hughes Corporation (NYSE:HHC) Ratings Coverage

Among 7 analysts covering Howard Hughes (NYSE:HHC), 5 have Buy rating, 1 Sell and 1 Hold. Therefore 71% are positive. Howard Hughes had 12 analyst reports since August 14, 2015 according to SRatingsIntel. On Monday, October 31 the stock rating was initiated by CJS Securities with “Market Outperform”. The stock of The Howard Hughes Corporation (NYSE:HHC) has “Hold” rating given on Thursday, March 30 by Sandler O’Neill. The firm has “Buy” rating given on Thursday, June 8 by BWS Financial. The stock of The Howard Hughes Corporation (NYSE:HHC) has “Buy” rating given on Friday, May 13 by Citigroup. The stock of The Howard Hughes Corporation (NYSE:HHC) has “Buy” rating given on Wednesday, August 10 by Citigroup. TheStreet downgraded the stock to “Sell” rating in Thursday, September 24 report. Compass Point maintained The Howard Hughes Corporation (NYSE:HHC) on Monday, May 23 with “Buy” rating. JMP Securities maintained The Howard Hughes Corporation (NYSE:HHC) on Sunday, August 16 with “Buy” rating. The firm earned “Hold” rating on Thursday, March 8 by Sandler O’Neill. The firm has “Buy” rating by Compass Point given on Tuesday, December 8.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.