Howard Hughes Holdings Inc. (NYSE:HHH) Position Boosted by Alliancebernstein L.P.

Alliancebernstein L.P. lifted its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 58.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 18,343 shares of the company's stock after buying an additional 6,796 shares during the period. Alliancebernstein L.P.'s holdings in Howard Hughes were worth $1,411,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in HHH. Egerton Capital UK LLP acquired a new stake in shares of Howard Hughes in the fourth quarter worth $34,150,000. Norges Bank purchased a new stake in shares of Howard Hughes in the fourth quarter worth about $29,287,000. JPMorgan Chase & Co. grew its stake in shares of Howard Hughes by 225.6% in the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock valued at $37,716,000 after buying an additional 337,514 shares in the last quarter. River Road Asset Management LLC raised its holdings in shares of Howard Hughes by 235.9% during the 4th quarter. River Road Asset Management LLC now owns 312,566 shares of the company's stock valued at $24,043,000 after buying an additional 219,514 shares during the period. Finally, American Century Companies Inc. lifted its position in Howard Hughes by 50.3% during the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock worth $48,057,000 after acquiring an additional 209,217 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Up 2.3 %

NYSE:HHH traded up $1.46 during trading hours on Tuesday, hitting $65.99. The stock had a trading volume of 359,206 shares, compared to its average volume of 317,749. The company has a market cap of $3.33 billion, a PE ratio of 43.70 and a beta of 1.14. The business has a 50 day simple moving average of $72.34 and a two-hundred day simple moving average of $76.38. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a 1-year low of $59.83 and a 1-year high of $87.77.

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 for the quarter, beating analysts' consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $983.59 million during the quarter, compared to analysts' expectations of $949.18 million. Analysts predict that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Howard Hughes 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.