Impax Asset Management Group plc Takes Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Impax Asset Management Group plc bought a new position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the third quarter, according to the company in its most recent filing with the SEC. The fund bought 100,000 shares of the company's stock, valued at approximately $7,743,000. Impax Asset Management Group plc owned 0.20% of Howard Hughes as of its most recent filing with the SEC.

Several other large investors have also recently modified their holdings of HHH. Fidelis Capital Partners LLC purchased a new stake in Howard Hughes in the 1st quarter worth about $26,000. Headlands Technologies LLC lifted its stake 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 worth $87,000 after acquiring an additional 1,202 shares during the last quarter. US Bancorp DE lifted its stake 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 acquiring an additional 190 shares during the last quarter. Innealta Capital LLC purchased a new position in Howard Hughes during the 2nd quarter valued at $116,000. Finally, CWM LLC grew its position in Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company's stock valued at $129,000 after acquiring an additional 1,506 shares during the last quarter. Institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Up 2.4 %

Shares of NYSE:HHH traded up $1.95 on Wednesday, hitting $82.90. 532,291 shares of the company's stock were exchanged, compared to its average volume of 287,636. The stock has a market capitalization of $4.16 billion, a price-to-earnings ratio of -7.41 and a beta of 1.46. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $86.72. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.35 and a quick ratio of 1.35. The business's 50 day simple moving average is $75.92 and its two-hundred day simple moving average is $70.56.

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 for the quarter, topping the consensus estimate of $0.19 by $1.76. The firm had revenue of $327.15 million during the quarter, compared to analysts' expectations of $261.00 million. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. The company's revenue was up 43.2% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.26) EPS. Analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal 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.