Bank of New York Mellon Corp Has $8.60 Million Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Bank of New York Mellon Corp grew its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 5.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,834 shares of the company's stock after purchasing an additional 5,356 shares during the quarter. Bank of New York Mellon Corp owned about 0.22% of Howard Hughes worth $8,602,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of HHH. Point72 DIFC Ltd raised its holdings in Howard Hughes by 2.0% in the 3rd quarter. Point72 DIFC Ltd now owns 7,543 shares of the company's stock worth $584,000 after acquiring an additional 147 shares during the period. US Bancorp DE increased its holdings 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 worth $106,000 after purchasing an additional 190 shares during the period. Pin Oak Investment Advisors Inc. increased its holdings in shares of Howard Hughes by 0.5% during the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 52,991 shares of the company's stock worth $4,103,000 after purchasing an additional 240 shares during the period. Janney Montgomery Scott LLC increased its holdings in shares of Howard Hughes by 6.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company's stock worth $305,000 after purchasing an additional 250 shares during the period. Finally, KBC Group NV increased its holdings 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 worth $87,000 after purchasing an additional 287 shares during the period. Institutional investors own 93.83% of the company's stock.

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Howard Hughes Stock Performance

Shares of NYSE:HHH traded down $0.12 on Tuesday, hitting $74.38. 151,487 shares of the company were exchanged, compared to its average volume of 488,181. The company's 50 day moving average price is $75.56 and its two-hundred day moving average price is $77.45. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 49.26 and a beta of 1.48.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.40. The firm had revenue of $983.59 million during 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%. Research analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current year.

Howard Hughes Company 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.