Fox Run Management L.L.C. purchased a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,421 shares of the company's stock, valued at approximately $263,000.
Other large investors have also recently modified their holdings of the company. Cerity Partners LLC bought a new stake in Howard Hughes during the 3rd quarter valued at $712,000. FMR LLC increased its stake in shares of Howard Hughes by 46.9% during the third quarter. FMR LLC now owns 5,985 shares of the company's stock valued at $463,000 after buying an additional 1,910 shares during the period. PEAK6 Investments LLC increased its stake in shares of Howard Hughes by 201.8% during the third quarter. PEAK6 Investments LLC now owns 17,683 shares of the company's stock valued at $1,369,000 after buying an additional 11,824 shares during the period. Pin Oak Investment Advisors Inc. raised its holdings in shares of Howard Hughes by 0.5% in the third quarter. Pin Oak Investment Advisors Inc. now owns 52,991 shares of the company's stock valued at $4,103,000 after acquiring an additional 240 shares in the last quarter. Finally, Infrastructure Capital Advisors LLC purchased a new stake in Howard Hughes in the third quarter worth about $387,000. Hedge funds and other institutional investors own 93.83% of the company's stock.
Howard Hughes Stock Down 1.2 %
NYSE HHH traded down $0.89 during trading on Monday, reaching $73.50. 111,711 shares of the company's stock traded hands, compared to its average volume of 331,564. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. 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 market cap of $3.70 billion, a price-to-earnings ratio of 48.48 and a beta of 1.48. The company's 50 day simple moving average is $75.46 and its two-hundred day simple moving average is $77.55.
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 for the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. As a group, sell-side 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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