Howard Hughes Holdings Inc. (NYSE:HHH) Shares Purchased by Prospector Partners LLC

Prospector Partners LLC grew its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 4.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 162,401 shares of the company's stock after acquiring an additional 7,180 shares during the period. Prospector Partners LLC owned about 0.32% of Howard Hughes worth $12,575,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Swedbank AB purchased a new position in Howard Hughes during the 1st quarter valued at about $2,905,000. Bridges Investment Management Inc. acquired a new position in shares of Howard Hughes during the 2nd quarter worth approximately $428,000. XTX Topco Ltd lifted its stake in Howard Hughes by 225.1% in the 2nd quarter. XTX Topco Ltd now owns 10,529 shares of the company's stock valued at $682,000 after buying an additional 7,290 shares in the last quarter. Victory Capital Management Inc. grew its holdings in Howard Hughes by 50.0% during the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company's stock valued at $20,236,000 after buying an additional 103,995 shares during the last quarter. Finally, Bank of New York Mellon Corp increased its position in Howard Hughes by 7.5% during the second quarter. Bank of New York Mellon Corp now owns 109,407 shares of the company's stock worth $7,092,000 after buying an additional 7,602 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Up 0.3 %

Shares of HHH stock traded up $0.28 during mid-day trading on Tuesday, hitting $86.40. 173,444 shares of the company's stock were exchanged, compared to its average volume of 284,453. The stock has a market cap of $4.33 billion, a price-to-earnings ratio of 57.05 and a beta of 1.46. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.46. The stock has a 50-day simple moving average of $78.18 and a two-hundred day simple moving average of $72.21.

Howard Hughes (NYSE:HHH - Get Free Report) last released its earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.19 by $1.76. The firm had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. Howard Hughes's revenue was up 43.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.26) earnings per share. Equities analysts expect that Howard Hughes Holdings Inc. will post 3.28 EPS 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.