Canada Pension Plan Investment Board bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 24,400 shares of the company's stock, valued at approximately $1,877,000.
A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Jones Financial Companies Lllp bought a new stake in Howard Hughes during the 4th quarter worth approximately $40,000. Wilmington Savings Fund Society FSB bought a new stake in Howard Hughes during the third quarter worth $46,000. Sugar Maple Asset Management LLC purchased a new stake in Howard Hughes in the 4th quarter valued at $47,000. Huntington National Bank lifted its stake in Howard Hughes by 335.5% during the 4th quarter. Huntington National Bank now owns 932 shares of the company's stock valued at $72,000 after acquiring an additional 718 shares in the last quarter. Finally, KBC Group NV boosted its holdings in Howard Hughes by 40.1% during the 4th quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after acquiring an additional 450 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company's stock.
Howard Hughes Stock Up 0.6 %
Shares of NYSE HHH traded up $0.40 during trading on Friday, hitting $68.36. The stock had a trading volume of 163,408 shares, compared to its average volume of 313,929. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The firm has a fifty day moving average of $71.58 and a two-hundred day moving average of $76.14. Howard Hughes Holdings Inc. has a 12 month low of $59.83 and a 12 month high of $87.77. The company has a market capitalization of $3.45 billion, a PE ratio of 45.27 and a beta of 1.14.
Howard Hughes (NYSE:HHH - Get Free Report) last issued its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, topping 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 research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.
Howard Hughes Company Profile
(
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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