Pershing Square Capital Management increased stake in Howard Hughes Corp/The
Investing.com
Published Jan 11, 2021 05:58PM ET
Pershing Square Capital Management increased stake in Howard Hughes Corp/The
On the 6th of January, Pershing Square Capital Management added 1.3 million Howard Hughes Corp/The (NYSE:HHC) shares for $105 million at an average price of $79.11 per share. Shares of Howard Hughes Corp/The are up 3.51% since the transaction.
Pershing Square Capital Management's holding in Howard Hughes Corp/The increased to about 13 million shares with the purchase.
Pershing Square Capital Management first bought Howard Hughes Corp/The stock in the fourth quarter of 2010.
Other investors who also added to their Howard Hughes Corp/The shares include California State Teachers Retirement System, Donald Smith & Co., and Victory Capital Management. In contrast, Citigroup (NYSE:C), Harris Associates, and Millennium Management reduced HHC shares, while Mitsubishi UFJ (NYSE:MUFG) Securities International and Point72 Asset Management sold all their HHC shares.
Get The News You Want
Written By: Investing.com
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.