Ieq Capital LLC Invests $1.03 Million in Howard Hughes Holdings Inc. (NYSE:HHH)

Ieq Capital LLC purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 13,322 shares of the company's stock, valued at approximately $1,025,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in HHH. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Howard Hughes in the 3rd quarter valued at $167,000. US Bancorp DE grew its position in 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 last quarter. Impax Asset Management Group plc acquired a new position in Howard Hughes in the third quarter valued at $7,743,000. River Road Asset Management LLC boosted its stake in shares of Howard Hughes by 66.0% during the third quarter. River Road Asset Management LLC now owns 93,052 shares of the company's stock worth $7,205,000 after buying an additional 37,008 shares during the period. Finally, Carmel Capital Partners LLC grew its holdings in shares of Howard Hughes by 2.6% during the third quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company's stock worth $444,000 after buying an additional 144 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Stock Performance

HHH traded up $1.89 on Friday, hitting $79.31. 876,468 shares of the company traded hands, compared to its average volume of 525,465. The company has a 50 day moving average of $75.92 and a 200-day moving average of $77.20. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The stock has a market capitalization of $3.98 billion, a PE ratio of 52.52 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98.

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Howard Hughes (NYSE:HHH - Get Free Report) last released its earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $983.59 million during the quarter, compared to analysts' expectations of $949.18 million. Sell-side analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 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.