DRW Securities LLC purchased a new position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,559 shares of the company's stock, valued at approximately $508,000.
A number of other hedge funds also recently bought and sold shares of the business. KBC Group NV increased its holdings in shares of Howard Hughes by 34.4% in the 3rd quarter. KBC Group NV now owns 1,122 shares of the company's stock worth $87,000 after buying an additional 287 shares during the last quarter. Headlands Technologies LLC increased its stake in Howard Hughes by 897.0% during the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company's stock worth $87,000 after acquiring an additional 1,202 shares during the last quarter. US Bancorp DE raised its position in Howard Hughes by 16.2% during the third quarter. US Bancorp DE now owns 1,364 shares of the company's stock valued at $106,000 after purchasing an additional 190 shares during the period. CWM LLC boosted its holdings in shares of Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company's stock worth $129,000 after purchasing an additional 1,506 shares during the period. Finally, Innealta Capital LLC bought a new position in shares of Howard Hughes during the 2nd quarter valued at approximately $116,000. Hedge funds and other institutional investors own 93.83% of the company's stock.
Howard Hughes Trading Up 0.6 %
NYSE:HHH traded up $0.48 during midday trading on Wednesday, hitting $86.88. 143,035 shares of the company traded hands, compared to its average volume of 283,838. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. The firm's fifty day moving average is $78.40 and its 200-day moving average is $72.35. The firm has a market capitalization of $4.36 billion, a P/E ratio of 57.25 and a beta of 1.46. 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 announced its earnings results on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, beating the consensus estimate of $0.19 by $1.76. The business had revenue of $327.15 million for the quarter, compared to the consensus estimate of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business's revenue for the quarter was up 43.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.26) earnings per share. On average, sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS for the current year.
About Howard Hughes
(
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.
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