DRW Securities LLC grew its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 999.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 72,128 shares of the company's stock after acquiring an additional 65,569 shares during the quarter. DRW Securities LLC owned about 0.14% of Howard Hughes worth $5,548,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of HHH. Jones Financial Companies Lllp purchased a new position in Howard Hughes in the fourth quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Howard Hughes in the 3rd quarter valued at $46,000. Sugar Maple Asset Management LLC acquired a new position in shares of Howard Hughes during the 4th quarter valued at $47,000. Huntington National Bank boosted its position in Howard Hughes by 335.5% during the 4th quarter. Huntington National Bank now owns 932 shares of the company's stock worth $72,000 after purchasing an additional 718 shares during the period. Finally, KBC Group NV increased its holdings in Howard Hughes by 40.1% in the 4th quarter. KBC Group NV now owns 1,572 shares of the company's stock valued at $121,000 after purchasing an additional 450 shares in the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.
Howard Hughes Stock Up 1.0 %
Shares of HHH traded up $0.63 during midday trading on Monday, reaching $65.85. 65,865 shares of the company were exchanged, compared to its average volume of 322,729. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. The company has a market cap of $3.32 billion, a price-to-earnings ratio of 43.61 and a beta of 1.14. The stock has a 50-day moving average price of $73.57 and a 200-day moving average price of $76.86.
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, 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%. Research analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.
Read More
Before you consider Howard Hughes, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Howard Hughes wasn't on the list.
While Howard Hughes currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With the proliferation of data centers and electric vehicles, the electric grid will only get more strained. Download this report to learn how energy stocks can play a role in your portfolio as the global demand for energy continues to grow.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
