Charles Schwab Investment Management Inc. increased its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 1.5% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 280,811 shares of the company's stock after buying an additional 4,194 shares during the period. Charles Schwab Investment Management Inc. owned 0.56% of Howard Hughes worth $21,600,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Jones Financial Companies Lllp bought a new position in Howard Hughes in the fourth quarter worth about $40,000. Wilmington Savings Fund Society FSB bought a new position in shares of Howard Hughes during the third quarter valued at approximately $46,000. Sugar Maple Asset Management LLC bought a new position in shares of Howard Hughes during the fourth quarter valued at approximately $47,000. Truvestments Capital LLC bought a new position in shares of Howard Hughes during the third quarter valued at approximately $83,000. Finally, KBC Group NV increased its stake in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company's stock valued at $87,000 after purchasing an additional 287 shares in the last quarter. 93.83% of the stock is owned by institutional investors.
Howard Hughes Stock Down 1.0 %
Shares of NYSE HHH traded down $0.74 on Friday, reaching $74.90. 362,956 shares of the company's stock traded hands, compared to its average volume of 329,957. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. The business's 50 day simple moving average is $75.68 and its two-hundred day simple moving average is $77.41. The company has a market cap of $3.78 billion, a price-to-earnings ratio of 49.60 and a beta of 1.48. 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 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. The company had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. As a group, equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal 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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