River Road Asset Management LLC Boosts Stake in Howard Hughes Holdings Inc. (NYSE:HHH)

River Road Asset Management LLC increased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 66.0% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 93,052 shares of the company's stock after buying an additional 37,008 shares during the period. River Road Asset Management LLC owned 0.19% of Howard Hughes worth $7,205,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. increased its stake in shares of Howard Hughes by 27.5% in the 2nd quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company's stock valued at $107,086,000 after purchasing an additional 356,025 shares in the last quarter. New South Capital Management Inc. increased its position in shares of Howard Hughes by 0.4% in the second quarter. New South Capital Management Inc. now owns 609,289 shares of the company's stock valued at $39,494,000 after buying an additional 2,698 shares in the last quarter. Russell Investments Group Ltd. raised its stake in shares of Howard Hughes by 14.7% during the 1st quarter. Russell Investments Group Ltd. now owns 383,122 shares of the company's stock worth $27,822,000 after buying an additional 49,103 shares during the period. Clearbridge Investments LLC lifted its position in shares of Howard Hughes by 4.3% during the 2nd quarter. Clearbridge Investments LLC now owns 340,194 shares of the company's stock valued at $22,051,000 after buying an additional 13,880 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. grew its stake in Howard Hughes by 81.3% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 337,440 shares of the company's stock valued at $24,505,000 after acquiring an additional 151,341 shares during the period. Institutional investors and hedge funds own 93.83% of the company's stock.

Howard Hughes Price Performance

NYSE:HHH traded up $1.94 during trading hours on Wednesday, reaching $82.89. 532,292 shares of the company were exchanged, compared to its average volume of 287,636. The stock's 50-day moving average is $75.92 and its 200-day moving average is $70.56. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $86.72. The firm has a market cap of $4.16 billion, a PE ratio of -7.41 and a beta of 1.46. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS for the quarter, topping the consensus estimate of $0.19 by $1.76. The company had revenue of $327.15 million during the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a negative return on equity of 0.33% and a negative net margin of 49.52%. Howard Hughes's quarterly revenue was up 43.2% on a year-over-year basis. During the same period in the previous year, the business earned ($0.26) EPS. On average, sell-side analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current fiscal 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.