AlphaQuest LLC raised its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 28.9% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 16,073 shares of the company's stock after purchasing an additional 3,601 shares during the period. AlphaQuest LLC's holdings in Howard Hughes were worth $1,236,000 as of its most recent SEC filing.
A number of other hedge funds have also bought and sold shares of the company. Jones Financial Companies Lllp acquired a new stake in Howard Hughes during the fourth quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at approximately $46,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Howard Hughes during the 4th quarter valued at approximately $47,000. Truvestments Capital LLC bought a new position in Howard Hughes during the third quarter worth $83,000. Finally, KBC Group NV boosted its holdings in Howard Hughes by 34.4% in the third quarter. KBC Group NV now owns 1,122 shares of the company's stock worth $87,000 after purchasing an additional 287 shares during the period. 93.83% of the stock is currently owned by institutional investors and hedge funds.
Howard Hughes Stock Performance
HHH stock traded down $0.29 during trading on Tuesday, hitting $73.07. 155,171 shares of the company's stock traded hands, compared to its average volume of 514,819. The stock has a market capitalization of $3.68 billion, a price-to-earnings ratio of 48.26 and a beta of 1.48. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $87.77. The stock has a fifty day moving average price of $75.87 and a two-hundred day moving average price of $77.51. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98.
Howard Hughes (NYSE:HHH - Get Free Report) last announced 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 business had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. As a group, equities analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.
Howard Hughes Company Profile
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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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