162,001 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Purchased by Rule One Partners LLC

Rule One Partners LLC acquired a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 162,001 shares of the company's stock, valued at approximately $12,544,000. Howard Hughes accounts for 5.4% of Rule One Partners LLC's portfolio, making the stock its 5th largest holding. Rule One Partners LLC owned approximately 0.32% of Howard Hughes at the end of the most recent quarter.

Several other large investors have also made changes to their positions in HHH. Diversified Trust Co acquired a new stake in Howard Hughes during the second quarter worth about $396,000. Assenagon Asset Management S.A. acquired a new position in shares of Howard Hughes in the second quarter worth about $1,482,000. OFI Invest Asset Management purchased a new stake in shares of Howard Hughes during the 2nd quarter worth about $302,000. Bank of New York Mellon Corp grew its position in shares of Howard Hughes by 7.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 109,407 shares of the company's stock valued at $7,092,000 after acquiring an additional 7,602 shares during the period. Finally, LDR Capital Management LLC increased its stake in shares of Howard Hughes by 48.7% in the 2nd quarter. LDR Capital Management LLC now owns 26,011 shares of the company's stock valued at $1,686,000 after purchasing an additional 8,520 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Price Performance

HHH stock traded down $0.07 during mid-day trading on Thursday, reaching $83.31. 208,960 shares of the company's stock were exchanged, compared to its average volume of 280,665. The company has a market cap of $4.18 billion, a price-to-earnings ratio of 55.61 and a beta of 1.48. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The stock's 50 day moving average is $80.25 and its 200 day moving average is $73.75. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08.

Howard Hughes (NYSE:HHH - Get Free Report) last announced 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 for the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business's revenue was up 43.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.26) EPS. On average, research analysts expect that Howard Hughes Holdings Inc. will post 3.28 EPS for the current year.

Howard Hughes Company 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.