Howard Hughes Corp (HHC) Gains Media Effect Rating of -0.11

Howard Hughes Corp (HHC) Gains Media Effect Rating of -0.11

Press coverage about Howard Hughes Corp (NYSE:HHC) has trended somewhat negative this week, AlphaOne reports. The research firm, a service of Accern, rates the sentiment of news coverage by analyzing more than twenty million blog and news sources in real time. AlphaOne ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Howard Hughes Corp earned a daily sentiment score of -0.11 on AlphaOne’s scale. AlphaOne also assigned media stories about the financial services provider an impact score of 88 out of 100, indicating that recent news coverage is very likely to have an impact on the stock’s share price in the next few days.

These are some of the media stories that may have impacted Alpha One Sentiment Analysis’s analysis:

Shares of Howard Hughes Corp (HHC) opened at 127.44 on Friday. The firm has a 50-day moving average of $125.87 and a 200 day moving average of $116.62. Howard Hughes Corp has a 1-year low of $101.20 and a 1-year high of $131.39. The stock has a market capitalization of $5.09 billion, a PE ratio of 78.57 and a beta of 1.44.

Separately, Sandler O’Neill started coverage on Howard Hughes Corp in a research report on Thursday, March 30th. They set a “hold” rating and a $123.00 price objective for the company.

In related news, insider Reuben Seth Davidsohn sold 5,981 shares of the stock in a transaction that occurred on Friday, March 17th. The shares were sold at an average price of $118.78, for a total transaction of $710,423.18. Following the completion of the sale, the insider now directly owns 25,684 shares of the company’s stock, valued at $3,050,745.52. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Christopher John Curry sold 48,317 shares of the stock in a transaction that occurred on Wednesday, March 8th. The shares were sold at an average price of $116.34, for a total transaction of $5,621,199.78. Following the sale, the executive vice president now directly owns 61,252 shares of the company’s stock, valued at $7,126,057.68. The disclosure for this sale can be found here. 13.80% of the stock is owned by corporate insiders.

Howard Hughes Corp Company Profile

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “HHC”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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