Free Trial

Howard Hughes (NYSE:HHH) Shares Gap Down - Here's What Happened

Howard Hughes logo with Finance background

Shares of Howard Hughes Holdings Inc. (NYSE:HHH - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $80.60, but opened at $75.76. Howard Hughes shares last traded at $75.48, with a volume of 682,875 shares changing hands.

Howard Hughes Trading Down 1.0 %

The stock has a market cap of $3.67 billion, a PE ratio of 48.46 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The company's 50-day moving average price is $76.35 and its 200 day moving average price is $76.90.

Institutional Trading of Howard Hughes

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC purchased a new stake in shares of Howard Hughes during the 4th quarter valued at approximately $511,000. PEAK6 Investments LLC lifted its stake in Howard Hughes by 201.8% during the third quarter. PEAK6 Investments LLC now owns 17,683 shares of the company's stock worth $1,369,000 after purchasing an additional 11,824 shares in the last quarter. KBC Group NV lifted its stake in Howard Hughes by 40.1% during the fourth quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after purchasing an additional 450 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in Howard Hughes by 225.6% during the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock worth $37,716,000 after purchasing an additional 337,514 shares in the last quarter. Finally, Rule One Partners LLC acquired a new position in Howard Hughes during the third quarter worth $12,544,000. Hedge funds and other institutional investors own 93.83% of the company's stock.

About Howard Hughes

(Get Free Report)

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.

Read More

Should You Invest $1,000 in Howard Hughes Right Now?

Before you consider Howard Hughes, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Howard Hughes wasn't on the list.

While Howard Hughes currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 Stocks to Buy And Hold Forever Cover

Enter your email address and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

NVIDIA Earnings: Will it Spark a Rally or Trigger a Sell-Off?
Marjorie Taylor Greene Bought THOUSANDS in Tesla Stock
The EXACT Date of Next Stock Market Crash

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines