Arbiter Partners Capital Management Has Decreased Essa Bancorp (ESSA) Position; Harvard Management Co Has Lowered Its Howard Hughes (HHC) Position

July 17, 2017 - By Dolores Ford

Arbiter Partners Capital Management Llc decreased Essa Bancorp Inc (ESSA) stake by 78% reported in 2016Q4 SEC filing. Arbiter Partners Capital Management Llc sold 165,291 shares as Essa Bancorp Inc (ESSA)’s stock declined 13.34%. The Arbiter Partners Capital Management Llc holds 46,615 shares with $733,000 value, down from 211,906 last quarter. Essa Bancorp Inc now has $171.07M valuation. The stock declined 0.84% or $0.12 reaching $14.73 per share. About 2,740 shares traded. ESSA Bancorp, Inc. (NASDAQ:ESSA) has risen 7.02% since July 17, 2016 and is uptrending. It has underperformed by 9.68% the S&P500.

Harvard Management Co Inc decreased Howard Hughes Corp (HHC) stake by 49.47% reported in 2016Q4 SEC filing. Harvard Management Co Inc sold 142,971 shares as Howard Hughes Corp (HHC)’s stock rose 10.78%. The Harvard Management Co Inc holds 146,029 shares with $16.66 million value, down from 289,000 last quarter. Howard Hughes Corp now has $4.90 billion valuation. The stock rose 0.50% or $0.61 reaching $121.49. About 89,603 shares traded. Howard Hughes Corp (NYSE:HHC) has risen 25.50% since July 17, 2016 and is uptrending. It has outperformed by 8.80% the S&P500.

Since January 27, 2017, it had 1 buying transaction, and 18 sales for $1.38 million activity. $49,423 worth of ESSA Bancorp, Inc. (NASDAQ:ESSA) was sold by Bryant V Gail on Friday, May 5. Viechnicki William A sold $29,454 worth of stock. $329,913 worth of stock was sold by Grayuski Thomas J on Tuesday, February 14. $37,610 worth of stock was sold by Reimer Diane K on Friday, January 27. Henning Daniel J had sold 3,200 shares worth $46,892. Gray Peter A bought 1,000 shares worth $14,980. On Thursday, February 2 Selitto Robert L sold $234,758 worth of ESSA Bancorp, Inc. (NASDAQ:ESSA) or 15,000 shares.

Investors sentiment increased to 1.56 in Q4 2016. Its up 0.36, from 1.2 in 2016Q3. It increased, as 3 investors sold ESSA shares while 15 reduced holdings. 6 funds opened positions while 22 raised stakes. 4.48 million shares or 3.39% more from 4.33 million shares in 2016Q3 were reported. Manufacturers Life Insur Co The reported 6,516 shares stake. Bessemer Group has invested 0% in ESSA Bancorp, Inc. (NASDAQ:ESSA). Bancshares Of Mellon invested in 54,901 shares. California State Teachers Retirement Sys stated it has 0% in ESSA Bancorp, Inc. (NASDAQ:ESSA). First Trust Advsrs Lp has invested 0% in ESSA Bancorp, Inc. (NASDAQ:ESSA). Fincl Bank Of America Corp De owns 0% invested in ESSA Bancorp, Inc. (NASDAQ:ESSA) for 6,183 shares. Northern stated it has 112,502 shares or 0% of all its holdings. The New Jersey-based Blackrock Invest Mngmt Lc has invested 0% in ESSA Bancorp, Inc. (NASDAQ:ESSA). Royal Retail Bank Of Canada owns 342 shares or 0% of their US portfolio. Acadian Asset Limited Liability Company accumulated 83,186 shares or 0.01% of the stock. 1,544 were accumulated by Tower Rech Lc (Trc). Riggs Asset Managment invested 0% in ESSA Bancorp, Inc. (NASDAQ:ESSA). Citigroup stated it has 10,061 shares or 0% of all its holdings. Arbiter Prns Cap Ltd Llc invested in 0.12% or 46,615 shares. Creative Planning reported 38,500 shares.

Harvard Management Co Inc increased Vanguard Intl Equity Index F (VWO) stake by 16,641 shares to 162,631 valued at $5.82M in 2016Q4. It also upped Ishares Tr (EEM) stake by 2.52M shares and now owns 2.62M shares. Ishares (EWZ) was raised too.

Analysts await Howard Hughes Corp (NYSE:HHC) to report earnings on August, 7 after the close. They expect $0.87 EPS, down 44.94% or $0.71 from last year’s $1.58 per share. HHC’s profit will be $35.09 million for 34.91 P/E if the $0.87 EPS becomes a reality. After $0.13 actual EPS reported by Howard Hughes Corp for the previous quarter, Wall Street now forecasts 569.23% EPS growth.

Since March 8, 2017, it had 0 buys, and 3 sales for $10.13 million activity. Another trade for 5,981 shares valued at $710,423 was sold by Davidsohn Reuben Seth. $3.80M worth of Howard Hughes Corp (NYSE:HHC) was sold by Curry Christopher John.

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