American Century Companies Inc. Acquires 209,217 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

American Century Companies Inc. lifted its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 50.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 624,769 shares of the company's stock after buying an additional 209,217 shares during the period. American Century Companies Inc. owned approximately 1.25% of Howard Hughes worth $48,057,000 as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of HHH. State Street Corp lifted its position in shares of Howard Hughes by 3.2% during the third quarter. State Street Corp now owns 605,785 shares of the company's stock worth $46,906,000 after purchasing an additional 19,045 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Howard Hughes by 225.6% in the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock worth $37,716,000 after purchasing an additional 337,514 shares during the period. Jacobs Levy Equity Management Inc. boosted its holdings in shares of Howard Hughes by 22.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company's stock valued at $35,315,000 after acquiring an additional 82,746 shares in the last quarter. Egerton Capital UK LLP acquired a new position in shares of Howard Hughes during the 4th quarter valued at $34,150,000. Finally, River Road Asset Management LLC raised its position in Howard Hughes by 235.9% in the fourth quarter. River Road Asset Management LLC now owns 312,566 shares of the company's stock worth $24,043,000 after acquiring an additional 219,514 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company's stock.

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Howard Hughes Trading Down 1.4 %

Shares of NYSE:HHH traded down $1.07 during midday trading on Friday, reaching $74.41. The company had a trading volume of 187,331 shares, compared to its average volume of 332,417. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. The firm has a market cap of $3.75 billion, a price-to-earnings ratio of 49.28 and a beta of 1.48. The company has a fifty day simple moving average of $75.46 and a two-hundred day simple moving average of $77.52.

Howard Hughes (NYSE:HHH - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating 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 company had revenue of $983.59 million for the quarter, compared to analysts' expectations of $949.18 million. Research analysts predict that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.