Donald Smith & CO. Inc. Increases Stake in Howard Hughes Holdings Inc. (NYSE:HHH)

Donald Smith & CO. Inc. raised its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,661,280 shares of the company's stock after acquiring an additional 9,093 shares during the period. Howard Hughes makes up 3.1% of Donald Smith & CO. Inc.'s holdings, making the stock its 14th biggest holding. Donald Smith & CO. Inc. owned approximately 3.31% of Howard Hughes worth $127,786,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also made changes to their positions in the company. American Century Companies Inc. increased its holdings in Howard Hughes by 50.3% in the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock valued at $48,057,000 after purchasing an additional 209,217 shares during the last quarter. State Street Corp boosted 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 buying an additional 19,045 shares during the period. 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. Jacobs Levy Equity Management Inc. raised its holdings in shares of Howard Hughes by 22.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company's stock valued at $35,315,000 after buying an additional 82,746 shares during the period. Finally, Egerton Capital UK LLP acquired a new position in Howard Hughes during the 4th quarter worth about $34,150,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

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Howard Hughes Trading Up 0.8 %

NYSE HHH traded up $0.55 during trading on Tuesday, hitting $65.32. The stock had a trading volume of 119,844 shares, compared to its average volume of 441,369. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The company has a market capitalization of $3.29 billion, a PE ratio of 43.28 and a beta of 1.14. The firm has a 50 day moving average price of $74.86 and a 200 day moving average price of $77.35. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77.

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. The firm had revenue of $983.59 million during the quarter, compared to analysts' expectations 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 earnings per share 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.