10,963 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Bought by Rangeley Capital LLC

Rangeley Capital LLC acquired a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 10,963 shares of the company's stock, valued at approximately $843,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in HHH. American Century Companies Inc. increased its stake in Howard Hughes by 50.3% in the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock worth $48,057,000 after buying an additional 209,217 shares in the last quarter. State Street Corp raised its stake in Howard Hughes by 3.2% during the 3rd quarter. State Street Corp now owns 605,785 shares of the company's stock valued at $46,906,000 after purchasing an additional 19,045 shares during the period. JPMorgan Chase & Co. boosted its stake in Howard Hughes by 225.6% in 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. Jacobs Levy Equity Management Inc. raised its position in shares of Howard Hughes by 22.2% during the third quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company's stock valued at $35,315,000 after buying an additional 82,746 shares during the last quarter. Finally, Egerton Capital UK LLP purchased a new position in shares of Howard Hughes in the fourth quarter worth $34,150,000. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Price Performance

Howard Hughes stock traded up $1.29 during midday trading on Tuesday, reaching $66.06. 110,796 shares of the stock traded hands, compared to its average volume of 329,621. 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 12 month low of $59.00 and a 12 month high of $87.77. The stock's fifty day moving average is $74.86 and its 200-day moving average is $77.35. The stock has a market cap of $3.33 billion, a P/E ratio of 43.75 and a beta of 1.14.

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Howard Hughes (NYSE:HHH - Get Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, topping analysts' consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm had revenue of $983.59 million for the quarter, compared to the consensus estimate of $949.18 million. As a group, equities research analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 EPS for the current 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.