Schroder Investment Management Group Grows Holdings in Howard Hughes Corporation (The) (HHC)

Schroder Investment Management Group raised its stake in Howard Hughes Corporation (The) (NYSE:HHC) by 54.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 252,171 shares of the financial services provider’s stock after buying an additional 88,667 shares during the period. Schroder Investment Management Group owned about 0.58% of Howard Hughes worth $29,615,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently added to or reduced their stakes in the company. M&T Bank Corp lifted its position in shares of Howard Hughes by 1.3% in 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 period. PNC Financial Services Group Inc. lifted its position in shares of Howard Hughes by 0.3% in 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 period. The Manufacturers Life Insurance Company lifted its position in shares of Howard Hughes by 7.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 1,212 shares of the financial services provider’s stock worth $149,000 after purchasing an additional 81 shares during the period. Roundview Capital LLC lifted its position in shares of Howard Hughes by 0.4% in 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 period. Finally, Sawtooth Solutions LLC lifted its position in shares of Howard Hughes by 6.8% in the 2nd quarter. Sawtooth Solutions LLC now owns 2,127 shares of the financial services provider’s stock worth $261,000 after purchasing an additional 135 shares during the period. 85.26% of the stock is owned by institutional investors.

Howard Hughes Corporation (NYSE:HHC) traded up $0.16 during trading hours on Monday, reaching $124.16. 103,300 shares of the company were exchanged, compared to its average volume of 186,823. Howard Hughes Corporation has a 12 month low of $104.63 and a 12 month high of $131.39. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.74 and a quick ratio of 1.74. The stock has a market capitalization of $5,370.39, a PE ratio of 58.29 and a beta of 1.41.

Several brokerages have recently weighed in on HHC. Zacks Investment Research cut shares of Howard Hughes from a “hold” rating to a “strong sell” rating in a research report on Wednesday, August 16th. BidaskClub cut shares of Howard Hughes from a “sell” rating to a “strong sell” rating in a research report on Thursday, August 17th.

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About Howard Hughes

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 (NYSE:HHC)

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