Somewhat Positive Press Coverage Somewhat Unlikely to Impact Howard Hughes (HHC) Share Price
News headlines about Howard Hughes (NYSE:HHC) have been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Howard Hughes earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 46.2825365748383 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Here are some of the news headlines that may have impacted Accern’s rankings:
- The Howard Hughes Corporation® Announces Repurchase of 475,920 Shares of Its Common Stock (finance.yahoo.com)
- Whole Foods set to open fourth Hawaii store before the summer (finance.yahoo.com)
- With A Recent ROE Of 2.08%, Can The Howard Hughes Corporation (NYSE:HHC) Catch Up To Its Industry? (finance.yahoo.com)
- Howard Hughes (HHC) to Release Earnings on Monday (americanbankingnews.com)
Separately, Zacks Investment Research lowered Howard Hughes from a “hold” rating to a “sell” rating in a research note on Tuesday, November 14th.
In other news, Director Pershing Square Capital Manage sold 2,500,000 shares of the business’s stock in a transaction dated Tuesday, January 2nd. The stock was sold at an average price of $127.86, for a total transaction of $319,650,000.00. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 20.70% of the stock is currently owned by insiders.
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Howard Hughes 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.
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