Natixis Buys Shares of 67,360 Howard Hughes Holdings Inc. (NYSE:HHH)

Natixis purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 67,360 shares of the company's stock, valued at approximately $5,181,000. Natixis owned 0.13% of Howard Hughes at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Dimensional Fund Advisors LP increased its stake in Howard Hughes by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,485,447 shares of the company's stock valued at $191,180,000 after buying an additional 24,360 shares during the period. Donald Smith & CO. Inc. lifted its position in Howard Hughes by 0.6% in the fourth quarter. Donald Smith & CO. Inc. now owns 1,661,280 shares of the company's stock valued at $127,786,000 after purchasing an additional 9,093 shares during the period. American Century Companies Inc. boosted its holdings in Howard Hughes by 50.3% in the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock valued at $48,057,000 after purchasing an additional 209,217 shares in the last quarter. JPMorgan Chase & Co. increased its position in Howard Hughes by 225.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock worth $37,716,000 after purchasing an additional 337,514 shares during the period. Finally, Egerton Capital UK LLP purchased a new position in shares of Howard Hughes during the 4th quarter worth approximately $34,150,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Price Performance

Shares of HHH traded up $0.40 during mid-day trading on Friday, hitting $68.36. The company's stock had a trading volume of 163,387 shares, compared to its average volume of 313,785. The firm has a 50-day simple moving average of $71.83 and a 200 day simple moving average of $76.19. Howard Hughes Holdings Inc. has a 1-year low of $59.83 and a 1-year high of $87.77. The firm has a market capitalization of $3.45 billion, a P/E ratio of 45.27 and a beta of 1.14. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98.

Howard Hughes (NYSE:HHH - Get Free Report) last issued 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. The company had revenue of $983.59 million for the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. Analysts predict that Howard Hughes Holdings Inc. will post 3.7 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.