Howard Hughes Holdings Inc. (NYSE:HHH) Receives $83.33 Consensus Price Target from Analysts

Howard Hughes Holdings Inc. (NYSE:HHH) has received a consensus rating of “Moderate Buy” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, two have given a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is $83.3333.

HHH has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price objective on shares of Howard Hughes from $76.00 to $85.00 and gave the company a “neutral” rating in a research report on Friday, August 29th. Weiss Ratings reissued a “hold (c-)” rating on shares of Howard Hughes in a research report on Saturday, September 27th. Wall Street Zen lowered shares of Howard Hughes from a “hold” rating to a “sell” rating in a research report on Saturday, August 9th. Finally, Zacks Research raised shares of Howard Hughes from a “hold” rating to a “strong-buy” rating in a research report on Monday, September 22nd.

Institutional Investors Weigh In On Howard Hughes

A number of institutional investors have recently bought and sold shares of HHH. Allworth Financial LP grew its holdings in Howard Hughes by 134.2% in the second quarter. Allworth Financial LP now owns 363 shares of the company’s stock valued at $25,000 after purchasing an additional 208 shares during the period. TD Waterhouse Canada Inc. grew its holdings in Howard Hughes by 291.0% in the second quarter. TD Waterhouse Canada Inc. now owns 391 shares of the company’s stock valued at $27,000 after purchasing an additional 291 shares during the period. Caitong International Asset Management Co. Ltd grew its holdings in Howard Hughes by 910.3% in the first quarter. Caitong International Asset Management Co. Ltd now owns 394 shares of the company’s stock valued at $29,000 after purchasing an additional 355 shares during the period. EverSource Wealth Advisors LLC grew its holdings in Howard Hughes by 191.5% in the second quarter. EverSource Wealth Advisors LLC now owns 516 shares of the company’s stock valued at $35,000 after purchasing an additional 339 shares during the period. Finally, National Bank of Canada FI purchased a new stake in Howard Hughes in the first quarter valued at approximately $37,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Stock Performance

Shares of HHH opened at $84.77 on Friday. The company has a current ratio of 1.18, a quick ratio of 1.18 and a debt-to-equity ratio of 1.85. The stock has a market cap of $5.04 billion, a P/E ratio of 18.55 and a beta of 1.23. The company has a 50-day moving average of $76.40 and a two-hundred day moving average of $71.59. Howard Hughes has a 12-month low of $61.40 and a 12-month high of $87.77.

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.