River Road Asset Management LLC Has $24.04 Million Position in Howard Hughes Holdings Inc. (NYSE:HHH)

River Road Asset Management LLC boosted its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 235.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 312,566 shares of the company's stock after purchasing an additional 219,514 shares during the period. River Road Asset Management LLC owned about 0.62% of Howard Hughes worth $24,043,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp lifted its holdings 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 last quarter. JPMorgan Chase & Co. raised its stake in shares of Howard Hughes by 225.6% in the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock worth $37,716,000 after acquiring an additional 337,514 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its stake in shares of Howard Hughes by 22.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company's stock worth $35,315,000 after acquiring an additional 82,746 shares during the last quarter. Victory Capital Management Inc. raised its stake in shares of Howard Hughes by 0.5% in the third quarter. Victory Capital Management Inc. now owns 313,656 shares of the company's stock worth $24,286,000 after acquiring an additional 1,475 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in shares of Howard Hughes by 1.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 280,811 shares of the company's stock worth $21,600,000 after acquiring an additional 4,194 shares during the last quarter. 93.83% of the stock is owned by institutional investors.

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Howard Hughes Price Performance

Shares of NYSE HHH traded down $0.57 during trading on Tuesday, reaching $72.78. The company had a trading volume of 264,591 shares, compared to its average volume of 517,454. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $87.77. The stock has a market cap of $3.67 billion, a PE ratio of 48.20 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The business's 50 day moving average price is $75.87 and its 200-day moving average price is $77.51.

Howard Hughes (NYSE:HHH - Get Free Report) last issued its quarterly 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. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $983.59 million during the quarter, compared to analysts' expectations of $949.18 million. Analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.