O Brien Greene & Co. Inc acquired a new stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the third quarter, according to its most recent filing with the SEC. The fund acquired 14,305 shares of the company's stock, valued at approximately $1,108,000.
Other institutional investors have also added to or reduced their stakes in the company. Zacks Investment Management purchased a new position in shares of Howard Hughes in the 3rd quarter worth about $5,418,000. State Street Corp raised its holdings in Howard Hughes by 3.2% during the 3rd quarter. State Street Corp now owns 605,785 shares of the company's stock valued at $46,906,000 after buying an additional 19,045 shares during the last quarter. Stifel Financial Corp boosted its position in Howard Hughes by 29.9% during the 3rd quarter. Stifel Financial Corp now owns 5,509 shares of the company's stock valued at $427,000 after buying an additional 1,268 shares during the period. Point72 DIFC Ltd increased its position in shares of Howard Hughes by 2.0% in the third quarter. Point72 DIFC Ltd now owns 7,543 shares of the company's stock valued at $584,000 after acquiring an additional 147 shares during the period. Finally, Intrepid Capital Management Inc. raised its stake in shares of Howard Hughes by 10.4% during the third quarter. Intrepid Capital Management Inc. now owns 32,635 shares of the company's stock valued at $2,527,000 after acquiring an additional 3,073 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company's stock.
Howard Hughes Trading Down 1.0 %
NYSE:HHH traded down $0.86 during mid-day trading on Monday, reaching $84.20. 123,692 shares of the company's stock traded hands, compared to its average volume of 281,264. The company has a 50 day moving average price of $79.86 and a 200-day moving average price of $73.42. The firm has a market capitalization of $4.22 billion, a price-to-earnings ratio of 56.33 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77.
Howard Hughes (NYSE:HHH - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm had revenue of $327.15 million for the quarter, compared to analysts' expectations of $261.00 million. During the same period in the previous year, the firm earned ($0.26) earnings per share. The business's revenue was up 43.2% compared to the same quarter last year. On average, sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current year.
Howard Hughes Profile
(
Free Report)
Howard Hughes Holdings Inc, together with its subsidiaries, operates as a real estate development company in the United States. It operates in four segments: Operating Assets; Master Planned Communities (MPCs); Seaport; and Strategic Developments. The Operating Assets segment consists of developed or acquired retail, office, and multi-family properties along with other retail investments.
See Also
Before you consider Howard Hughes, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Howard Hughes wasn't on the list.
While Howard Hughes currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.