Thrivent Financial for Lutherans Grows Stock Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Thrivent Financial for Lutherans increased its position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 28.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,970 shares of the company's stock after purchasing an additional 7,599 shares during the period. Thrivent Financial for Lutherans owned approximately 0.07% of Howard Hughes worth $2,630,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Donald Smith & CO. Inc. lifted its stake in shares of Howard Hughes by 27.5% in the second quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company's stock worth $107,086,000 after buying an additional 356,025 shares in the last quarter. New South Capital Management Inc. lifted its position in Howard Hughes by 0.4% in the 2nd quarter. New South Capital Management Inc. now owns 609,289 shares of the company's stock valued at $39,494,000 after acquiring an additional 2,698 shares in the last quarter. Clearbridge Investments LLC boosted its stake in Howard Hughes by 4.3% during the 2nd quarter. Clearbridge Investments LLC now owns 340,194 shares of the company's stock valued at $22,051,000 after purchasing an additional 13,880 shares during the last quarter. Victory Capital Management Inc. increased its holdings in shares of Howard Hughes by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 313,656 shares of the company's stock worth $24,286,000 after purchasing an additional 1,475 shares in the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Howard Hughes by 1.5% in the second quarter. American Century Companies Inc. now owns 271,515 shares of the company's stock worth $17,600,000 after purchasing an additional 3,930 shares during the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Performance

Shares of Howard Hughes stock traded up $0.51 during trading on Wednesday, hitting $86.91. 143,095 shares of the company's stock traded hands, compared to its average volume of 283,838. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $87.77. The business has a 50-day simple moving average of $78.40 and a 200-day simple moving average of $72.35. The stock has a market capitalization of $4.36 billion, a P/E ratio of 57.25 and a beta of 1.46. 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 quarterly earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $1.76. The firm had revenue of $327.15 million during the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business's revenue for the quarter was up 43.2% on a year-over-year basis. During the same period in the previous year, the business posted ($0.26) earnings per share. As a group, analysts forecast 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.