Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Howard Hughes Corporation (The) (NYSE:HHC) Share Price

Media headlines about Howard Hughes Corporation (The) (NYSE:HHC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Howard Hughes Corporation (The) earned a daily sentiment score of 0.23 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.6424715644379 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Shares of Howard Hughes Corporation (HHC) opened at 121.54 on Tuesday. The firm has a market cap of $4.85 billion, a PE ratio of 74.93 and a beta of 1.42. Howard Hughes Corporation has a 52 week low of $101.20 and a 52 week high of $131.39. The company has a 50 day moving average of $126.03 and a 200 day moving average of $118.18.

Several analysts recently commented on HHC shares. Sandler O’Neill started coverage on shares of Howard Hughes Corporation (The) in a research note on Thursday, March 30th. They issued a “hold” rating and a $123.00 price objective for the company. BWS Financial started coverage on shares of Howard Hughes Corporation (The) in a research note on Thursday, June 8th. They issued a “buy” rating and a $150.00 price objective for the company. Finally, BidaskClub cut shares of Howard Hughes Corporation (The) from a “hold” rating to a “sell” rating in a research note on Friday, June 23rd. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Howard Hughes Corporation (The) presently has an average rating of “Hold” and a consensus target price of $149.75.

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In related news, EVP Christopher John Curry sold 30,000 shares of the stock in a transaction dated Monday, June 5th. The shares were sold at an average price of $126.62, for a total value of $3,798,600.00. Following the completion of the transaction, the executive vice president now owns 42,935 shares in the company, valued at approximately $5,436,429.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 13.80% of the company’s stock.

About Howard Hughes Corporation (The)

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.

Insider Buying and Selling by Quarter for Howard Hughes Corporation (The) (NYSE:HHC)

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