Institute for Wealth Management LLC. bought a new position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 3,963 shares of the company's stock, valued at approximately $305,000.
Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at about $46,000. Sugar Maple Asset Management LLC acquired a new stake in Howard Hughes during the fourth quarter valued at approximately $47,000. Truvestments Capital LLC bought a new stake in shares of Howard Hughes in the 3rd quarter valued at approximately $83,000. KBC Group NV raised its holdings in shares of Howard Hughes by 34.4% in the 3rd quarter. KBC Group NV now owns 1,122 shares of the company's stock worth $87,000 after buying an additional 287 shares in the last quarter. Finally, US Bancorp DE lifted its position 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 buying an additional 190 shares during the period. Institutional investors own 93.83% of the company's stock.
Howard Hughes Price Performance
Shares of NYSE:HHH traded up $0.32 on Tuesday, hitting $75.62. The stock had a trading volume of 70,952 shares, compared to its average volume of 371,706. The firm's 50 day moving average price is $78.82 and its 200-day moving average price is $76.53. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77. The company has a market capitalization of $3.79 billion, a price-to-earnings ratio of 50.08 and a beta of 1.48.
Howard Hughes (NYSE:HHH - Get Free Report) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. During the same quarter in the previous year, the company posted ($0.26) EPS. The business's revenue for the quarter was up 43.2% compared to the same quarter last year. On average, equities research analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current year.
About Howard Hughes
(
Free Report)
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.
Further Reading
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