Northwest & Ethical Investments L.P. Takes $1.61 Million Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Northwest & Ethical Investments L.P. purchased a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 20,883 shares of the company's stock, valued at approximately $1,606,000.

Other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp bought a new stake in shares of Howard Hughes in the 4th quarter worth approximately $40,000. Wilmington Savings Fund Society FSB purchased a new stake in Howard Hughes in the third quarter worth $46,000. Sugar Maple Asset Management LLC bought a new stake in Howard Hughes in the fourth quarter valued at $47,000. Truvestments Capital LLC purchased a new position in Howard Hughes during the 3rd quarter valued at $83,000. Finally, KBC Group NV raised its holdings in 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 purchasing an additional 287 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Down 0.2 %

Shares of HHH traded down $0.18 during trading hours on Wednesday, reaching $75.53. 156,554 shares of the company traded hands, compared to its average volume of 329,392. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. 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 company's fifty day moving average price is $75.59 and its two-hundred day moving average price is $77.50. The company has a market capitalization of $3.81 billion, a price-to-earnings ratio of 50.02 and a beta of 1.48.

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Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million for the quarter, compared to analysts' expectations of $949.18 million. Equities research analysts predict that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

About Howard Hughes

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.