Quantbot Technologies LP Purchases Shares of 19,538 Howard Hughes Holdings Inc. (NYSE:HHH)

Quantbot Technologies LP purchased a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 19,538 shares of the company's stock, valued at approximately $1,503,000.

Other hedge funds also recently added to or reduced their stakes in the company. Northwest & Ethical Investments L.P. purchased a new stake in shares of Howard Hughes during the 4th quarter worth $1,606,000. Pin Oak Investment Advisors Inc. boosted its holdings in Howard Hughes by 0.3% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company's stock valued at $4,114,000 after purchasing an additional 144 shares during the last quarter. Retirement Planning Co of New England Inc. acquired a new stake in Howard Hughes in the 4th quarter valued at approximately $262,000. Cibc World Markets Corp increased its stake in Howard Hughes by 9.9% during the 4th quarter. Cibc World Markets Corp now owns 8,828 shares of the company's stock worth $679,000 after buying an additional 793 shares during the period. Finally, Swiss National Bank raised its position in Howard Hughes by 0.6% in the 4th quarter. Swiss National Bank now owns 64,200 shares of the company's stock valued at $4,938,000 after purchasing an additional 400 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Down 1.4 %

Shares of NYSE:HHH traded down $1.07 during trading on Friday, hitting $74.41. 187,331 shares of the company were exchanged, compared to its average volume of 332,417. The stock has a market capitalization of $3.75 billion, a P/E ratio of 49.28 and a beta of 1.48. The firm's 50 day moving average price is $75.51 and its 200-day moving average price is $77.47. 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.

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Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million for the quarter, compared to analysts' expectations of $949.18 million. On average, research analysts predict that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

Howard Hughes Company Profile

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.