Stifel Financial Corp Has $427,000 Stock Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Stifel Financial Corp lifted its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 29.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 5,509 shares of the company’s stock after purchasing an additional 1,268 shares during the quarter. Stifel Financial Corp’s holdings in Howard Hughes were worth $427,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Donald Smith & CO. Inc. grew its position in Howard Hughes by 27.5% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company’s stock worth $107,086,000 after acquiring an additional 356,025 shares during the last quarter. New South Capital Management Inc. boosted its stake in shares of Howard Hughes by 0.4% during the second quarter. New South Capital Management Inc. now owns 609,289 shares of the company’s stock valued at $39,494,000 after purchasing an additional 2,698 shares in the last quarter. Jacobs Levy Equity Management Inc. boosted its stake 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 purchasing an additional 82,746 shares in the last quarter. Clearbridge Investments LLC grew its holdings in shares of Howard Hughes by 4.3% during the second quarter. Clearbridge Investments LLC now owns 340,194 shares of the company’s stock worth $22,051,000 after purchasing an additional 13,880 shares during the last quarter. Finally, Victory Capital Management Inc. increased 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 valued at $24,286,000 after buying an additional 1,475 shares during the period. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Down 0.5 %

NYSE:HHH opened at $76.66 on Friday. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. 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 company has a market cap of $3.84 billion, a PE ratio of 50.77 and a beta of 1.48. The firm’s 50 day simple moving average is $80.70 and its 200 day simple moving average is $74.63.

Howard Hughes (NYSE:HHH) last released its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. During the same quarter last year, the firm earned ($0.26) earnings per share. The company’s revenue for the quarter was up 43.2% on a year-over-year basis. On average, research analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.