Howard Hughes Corp (NYSE:HHC) EVP Sarah M. Vasquez sold 500 shares of the firm’s stock in a transaction dated Thursday, January 2nd. The shares were sold at an average price of $126.07, for a total transaction of $63,035.00. Following the sale, the executive vice president now owns 6,661 shares of the company’s stock, valued at $839,752.27. The transaction was disclosed in a document filed with the SEC, which is accessible through this link.

NYSE:HHC opened at $120.08 on Friday. The firm has a market cap of $5.27 billion, a P/E ratio of 90.97 and a beta of 1.31. The company has a debt-to-equity ratio of 1.09, a quick ratio of 1.81 and a current ratio of 1.81. Howard Hughes Corp has a fifty-two week low of $91.82 and a fifty-two week high of $135.42. The firm has a 50-day simple moving average of $118.23 and a two-hundred day simple moving average of $122.47.

Howard Hughes (NYSE:HHC) last announced its quarterly earnings results on Monday, November 4th. The financial services provider reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.11 by $0.58. Howard Hughes had a net margin of 7.58% and a return on equity of 3.38%. The firm had revenue of $231.17 million during the quarter, compared to analyst estimates of $234.78 million. During the same period in the previous year, the business posted $0.54 earnings per share. The business’s revenue for the quarter was down 10.1% on a year-over-year basis. On average, equities research analysts predict that Howard Hughes Corp will post 0.92 EPS for the current year.

Hedge funds have recently made changes to their positions in the company. Signaturefd LLC grew its stake in shares of Howard Hughes by 1,807.7% in the third quarter. Signaturefd LLC now owns 248 shares of the financial services provider’s stock worth $32,000 after acquiring an additional 235 shares during the period. Lindbrook Capital LLC grew its stake in shares of Howard Hughes by 79.3% in the third quarter. Lindbrook Capital LLC now owns 373 shares of the financial services provider’s stock worth $48,000 after acquiring an additional 165 shares during the period. NumerixS Investment Technologies Inc bought a new stake in shares of Howard Hughes in the second quarter worth approximately $62,000. Quadrant Capital Group LLC grew its stake in shares of Howard Hughes by 1,187.8% in the third quarter. Quadrant Capital Group LLC now owns 528 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 487 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of Howard Hughes by 195.8% in the third quarter. Parallel Advisors LLC now owns 559 shares of the financial services provider’s stock worth $72,000 after acquiring an additional 370 shares during the period. Hedge funds and other institutional investors own 84.80% of the company’s stock.

Separately, Zacks Investment Research lowered shares of Howard Hughes from a “strong-buy” rating to a “hold” rating in a research note on Saturday, January 4th.

Howard Hughes Company Profile

The Howard Hughes Corporation owns, manages, and develops commercial, residential, and hospitality operating properties in the United States. It operates through three segments: Operating Assets, Master Planned Communities, and Strategic Developments. The Operating Assets segment owns 15 retail, 28 office, 8 multi-family, and 4 hospitality properties, as well as 10 other operating assets and investments primarily located and around The Woodlands, Texas; Columbia, Maryland; New York, New York; Las Vegas, Nevada; and Honolulu, Hawai’i.

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