Holocene Advisors LP bought a new stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 16,444 shares of the company's stock, valued at approximately $1,273,000.
Other institutional investors have also modified their holdings of the company. Truvestments Capital LLC bought a new stake in shares of Howard Hughes during the 3rd quarter valued at about $83,000. Headlands Technologies LLC grew its position in shares of Howard Hughes by 897.0% during the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company's stock valued at $87,000 after buying an additional 1,202 shares during the last quarter. KBC Group NV grew its position in shares of Howard Hughes by 34.4% during the 3rd quarter. KBC Group NV now owns 1,122 shares of the company's stock valued at $87,000 after buying an additional 287 shares during the last quarter. US Bancorp DE grew its position in shares of Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company's stock valued at $106,000 after buying an additional 190 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Howard Hughes during the 2nd quarter valued at about $116,000. Institutional investors and hedge funds own 93.83% of the company's stock.
Howard Hughes Stock Performance
Shares of NYSE:HHH traded down $0.76 during trading on Friday, reaching $85.06. 347,164 shares of the company's stock traded hands, compared to its average volume of 208,580. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. The company has a 50 day moving average of $79.86 and a 200-day moving average of $73.37. The stock has a market capitalization of $4.26 billion, a P/E ratio of 56.33 and a beta of 1.48.
Howard Hughes (NYSE:HHH - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $1.76. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. During the same quarter in the prior year, the firm earned ($0.26) EPS. The company's revenue for the quarter was up 43.2% compared to the same quarter last year. On average, equities analysts expect that Howard Hughes Holdings Inc. will post 3.28 EPS for the current year.
Howard Hughes Company Profile
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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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