Howard Hughes Holdings Inc. (NYSE:HHH) Stake Lifted by Prospector Partners LLC

Prospector Partners LLC increased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 0.2% during the 4th quarter, Holdings Channel.com reports. The firm owned 162,721 shares of the company’s stock after buying an additional 320 shares during the quarter. Prospector Partners LLC’s holdings in Howard Hughes were worth $12,516,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in HHH. Pin Oak Investment Advisors Inc. boosted its stake in Howard Hughes by 0.3% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company’s stock valued at $4,114,000 after buying an additional 144 shares in the last quarter. Wells Fargo & Company MN grew its stake in shares of Howard Hughes by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 10,707 shares of the company’s stock worth $824,000 after purchasing an additional 173 shares during the last quarter. Janney Montgomery Scott LLC raised its holdings in shares of Howard Hughes by 6.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company’s stock worth $305,000 after purchasing an additional 250 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its stake in Howard Hughes by 12.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,001 shares of the company’s stock valued at $231,000 after purchasing an additional 329 shares during the last quarter. Finally, Carmel Capital Partners LLC boosted its holdings in Howard Hughes by 6.3% during the fourth quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company’s stock worth $469,000 after buying an additional 364 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

Howard Hughes Price Performance

NYSE HHH opened at $67.26 on Friday. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $87.77. The business’s fifty day moving average is $75.09 and its two-hundred day moving average is $77.43. The stock has a market capitalization of $3.39 billion, a P/E ratio of 44.54 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.

Howard Hughes (NYSE:HHH) last released its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating analysts’ consensus estimates of $2.85 by $0.40. The business had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. On average, research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal 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.