Advisory Research Inc. maintained its stake in Howard Hughes Corporation (The) (NYSE:HHC) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 246,535 shares of the financial services provider’s stock at the end of the 2nd quarter. Advisory Research Inc. owned approximately 0.57% of Howard Hughes Corporation (The) worth $28,906,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in HHC. M&T Bank Corp lifted its position in shares of Howard Hughes Corporation (The) by 1.3% during the 2nd quarter. M&T Bank Corp now owns 2,825 shares of the financial services provider’s stock worth $348,000 after purchasing an additional 35 shares during the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Howard Hughes Corporation (The) by 0.3% during the 2nd quarter. PNC Financial Services Group Inc. now owns 22,520 shares of the financial services provider’s stock worth $2,766,000 after purchasing an additional 77 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in shares of Howard Hughes Corporation (The) by 6.2% during the 1st quarter. Envestnet Asset Management Inc. now owns 1,410 shares of the financial services provider’s stock worth $165,000 after purchasing an additional 82 shares during the last quarter. Roundview Capital LLC lifted its position in shares of Howard Hughes Corporation (The) by 0.4% during the 2nd quarter. Roundview Capital LLC now owns 25,670 shares of the financial services provider’s stock worth $3,153,000 after purchasing an additional 90 shares during the last quarter. Finally, Utah Retirement Systems lifted its position in shares of Howard Hughes Corporation (The) by 1.5% during the 1st quarter. Utah Retirement Systems now owns 6,666 shares of the financial services provider’s stock worth $782,000 after purchasing an additional 100 shares during the last quarter. 83.87% of the stock is owned by institutional investors.

Several equities analysts recently weighed in on the company. BidaskClub cut Howard Hughes Corporation (The) from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th. Zacks Investment Research cut Howard Hughes Corporation (The) from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 16th. Two analysts have rated the stock with a sell rating, one has given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $144.33.

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Howard Hughes Corporation (NYSE:HHC) traded down 0.50% during trading on Friday, hitting $118.40. The company had a trading volume of 107,897 shares. The stock has a 50-day moving average of $116.96 and a 200-day moving average of $121.45. The stock has a market capitalization of $5.07 billion, a PE ratio of 84.45 and a beta of 1.41. Howard Hughes Corporation has a one year low of $101.20 and a one year high of $131.39.

Howard Hughes Corporation (The) (NYSE:HHC) last posted its quarterly earnings results on Monday, August 7th. The financial services provider reported $0.07 EPS for the quarter, missing analysts’ consensus estimates of $0.87 by ($0.80). Howard Hughes Corporation (The) had a return on equity of 4.80% and a net margin of 5.69%. The business had revenue of $308.60 million for the quarter, compared to the consensus estimate of $217.47 million. During the same quarter in the previous year, the business posted $0.16 EPS. The company’s revenue for the quarter was up 12.8% on a year-over-year basis. On average, equities analysts anticipate that Howard Hughes Corporation will post $1.11 EPS for the current year.

Howard Hughes Corporation (The) Profile

The Howard Hughes Corporation is a developer of master planned communities and mixed use properties. The Company is engaged in the ownership, management and the redevelopment or repositioning of real estate assets, as well as other real estate opportunities in the form of entitled and unentitled land and other development rights, also called Strategic Developments.

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Institutional Ownership by Quarter for Howard Hughes Corporation (The) (NYSE:HHC)

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