Howard Hughes Corporation (The) (HHC) Shares Bought by Schaller Investment Group Inc.

Schaller Investment Group Inc. increased its position in Howard Hughes Corporation (The) (NYSE:HHC) by 43.3% during the fourth quarter, Holdings Channel reports. The firm owned 102,010 shares of the company’s stock after buying an additional 30,810 shares during the period. Howard Hughes Corporation (The) comprises approximately 6.1% of Schaller Investment Group Inc.’s holdings, making the stock its 7th largest position. Schaller Investment Group Inc. owned about 0.26% of Howard Hughes Corporation (The) worth $11,639,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of HHC. Harris Associates L P raised its position in shares of Howard Hughes Corporation (The) by 0.9% in the third quarter. Harris Associates L P now owns 1,428,658 shares of the company’s stock valued at $163,581,000 after buying an additional 13,340 shares during the last quarter. UBS Group AG raised its position in shares of Howard Hughes Corporation (The) by 9.0% in the third quarter. UBS Group AG now owns 1,009,274 shares of the company’s stock valued at $115,562,000 after buying an additional 83,343 shares during the last quarter. Principal Financial Group Inc. raised its position in shares of Howard Hughes Corporation (The) by 2.9% in the third quarter. Principal Financial Group Inc. now owns 997,105 shares of the company’s stock valued at $114,169,000 after buying an additional 27,942 shares during the last quarter. BlackRock Institutional Trust Company N.A. raised its position in shares of Howard Hughes Corporation (The) by 2.7% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 924,626 shares of the company’s stock valued at $105,870,000 after buying an additional 24,270 shares during the last quarter. Finally, BlackRock Fund Advisors raised its position in shares of Howard Hughes Corporation (The) by 4.9% in the third quarter. BlackRock Fund Advisors now owns 552,248 shares of the company’s stock valued at $63,232,000 after buying an additional 25,573 shares during the last quarter. 82.48% of the stock is owned by institutional investors and hedge funds.

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

Howard Hughes Corporation (NYSE:HHC) traded up 0.93% during trading on Monday, hitting $113.63. 171,730 shares of the stock were exchanged. The firm’s 50 day moving average price is $109.61 and its 200-day moving average price is $112.64. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of 26.32 and a beta of 1.44. Howard Hughes Corporation has a 1-year low of $81.76 and a 1-year high of $123.99.

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Separately, CJS Securities initiated coverage on shares of Howard Hughes Corporation (The) in a research report on Monday, October 31st. They set an “outperform” rating and a $160.00 price objective on the stock.

In related news, insider Reuben Seth Davidsohn sold 6,950 shares of the business’s stock in a transaction on Wednesday, January 4th. The stock was sold at an average price of $113.84, for a total transaction of $791,188.00. Following the sale, the insider now directly owns 24,612 shares in the company, valued at approximately $2,801,830.08. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, President Grant Herlitz sold 110,000 shares of the business’s stock in a transaction on Wednesday, January 4th. The shares were sold at an average price of $113.01, for a total value of $12,431,100.00. Following the sale, the president now owns 348,084 shares in the company, valued at $39,336,972.84. The disclosure for this sale can be found here. Insiders own 13.80% of the company’s stock.

Howard Hughes Corporation (The) Company Profile

The Howard Hughes Corporation is a developer of master planned communities and mixed use properties. The Company is engaged in development of master planned communities and 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.

5 Day Chart for NYSE:HHC

Want to see what other hedge funds are holding HHC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howard Hughes Corporation (The) (NYSE:HHC).

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