PEAK6 Investments LLC Raises Stock Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

PEAK6 Investments LLC grew its holdings in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 201.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,683 shares of the company's stock after purchasing an additional 11,824 shares during the period. PEAK6 Investments LLC's holdings in Howard Hughes were worth $1,369,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Donald Smith & CO. Inc. boosted its position in 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 buying an additional 356,025 shares during the period. Victory Capital Management Inc. increased its holdings in Howard Hughes by 50.0% during the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company's stock worth $20,236,000 after purchasing an additional 103,995 shares during the period. Impax Asset Management Group plc bought a new stake in Howard Hughes during the 3rd quarter valued at $7,743,000. Empyrean Capital Partners LP purchased a new stake in shares of Howard Hughes in the 2nd quarter worth $4,862,000. Finally, Annandale Capital LLC purchased a new position in shares of Howard Hughes during the second quarter valued at $3,241,000. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Up 0.7 %

NYSE:HHH traded up $0.58 during mid-day trading on Tuesday, reaching $86.24. The company's stock had a trading volume of 182,586 shares, compared to its average volume of 282,472. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The firm has a market capitalization of $4.32 billion, a PE ratio of 57.11 and a beta of 1.48. The stock has a fifty day moving average of $79.18 and a 200-day moving average of $72.89. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $1.76. The business had revenue of $327.15 million for the quarter, compared to the consensus estimate of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business's revenue was up 43.2% compared to the same quarter last year. During the same period last year, the business posted ($0.26) EPS. Equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current year.

Howard Hughes 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.