Howard Hughes Holdings Inc. (NYSE:HHH) Shares Acquired by Fmr LLC

Fmr LLC lifted its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 46.9% during the third quarter, HoldingsChannel.com reports. The fund owned 5,985 shares of the company’s stock after acquiring an additional 1,910 shares during the period. Fmr LLC’s holdings in Howard Hughes were worth $463,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Truvestments Capital LLC purchased a new position in Howard Hughes in the 3rd quarter valued at $83,000. Headlands Technologies LLC lifted its stake in shares of Howard Hughes by 897.0% in the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after buying an additional 1,202 shares in the last quarter. KBC Group NV boosted its position in Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after acquiring an additional 287 shares during the last quarter. US Bancorp DE grew its stake in Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock valued at $106,000 after acquiring an additional 190 shares in the last quarter. Finally, Innealta Capital LLC acquired a new stake in Howard Hughes in the 2nd quarter valued at about $116,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Trading Down 1.2 %

Shares of Howard Hughes stock opened at $75.32 on Friday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The stock’s 50 day simple moving average is $80.71 and its 200-day simple moving average is $74.29. The stock has a market cap of $3.78 billion, a P/E ratio of 49.88 and a beta of 1.48. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77.

Howard Hughes (NYSE:HHH) last released its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The company had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. During the same quarter in the previous year, the company posted ($0.26) earnings per share. The firm’s revenue for the quarter was up 43.2% compared to the same quarter last year. Analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal 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.