Impax Asset Management Group plc Purchases Shares of 100,000 Howard Hughes Holdings Inc. (NYSE:HHH)

Impax Asset Management Group plc purchased a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $7,743,000. Impax Asset Management Group plc owned about 0.20% of Howard Hughes at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Headlands Technologies LLC raised its position in shares of Howard Hughes by 897.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after acquiring an additional 1,202 shares in the last quarter. KBC Group NV raised its position in shares of Howard Hughes by 34.4% in the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after acquiring an additional 287 shares in the last quarter. US Bancorp DE increased its position 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 buying an additional 190 shares in the last quarter. Innealta Capital LLC bought a new position in Howard Hughes during the 2nd quarter valued at approximately $116,000. Finally, CWM LLC increased its position in Howard Hughes by 912.7% during the 3rd quarter. CWM LLC now owns 1,671 shares of the company’s stock valued at $129,000 after buying an additional 1,506 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Down 1.2 %

HHH stock opened at $79.88 on Friday. The business has a 50 day moving average of $77.23 and a 200 day moving average of $71.49. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $86.72. The firm has a market cap of $4.00 billion, a PE ratio of 52.90 and a beta of 1.46.

Howard Hughes (NYSE:HHH) last issued its earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $327.15 million for the quarter, compared to the consensus estimate of $261.00 million. During the same period last year, the business posted ($0.26) EPS. The company’s revenue was up 43.2% compared to the same quarter last year. On average, research analysts forecast 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.