Retirement Planning Co of New England Inc. Takes Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Retirement Planning Co of New England Inc. purchased a new stake in Howard Hughes Holdings Inc. (NYSE:HHH) in the 4th quarter, HoldingsChannel.com reports. The firm purchased 3,410 shares of the company’s stock, valued at approximately $262,000.

Several other large investors have also modified their holdings of the business. Brighton Jones LLC bought a new position in shares of Howard Hughes during the 4th quarter worth approximately $511,000. PEAK6 Investments LLC lifted its position in Howard Hughes by 201.8% during the third quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after acquiring an additional 11,824 shares during the last quarter. KBC Group NV lifted its position in Howard Hughes by 40.1% during the fourth quarter. KBC Group NV now owns 1,572 shares of the company’s stock valued at $121,000 after acquiring an additional 450 shares during the last quarter. JPMorgan Chase & Co. lifted its position in Howard Hughes by 225.6% during the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company’s stock valued at $37,716,000 after acquiring an additional 337,514 shares during the last quarter. Finally, Rule One Partners LLC purchased a new stake in Howard Hughes during the third quarter valued at approximately $12,544,000. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Trading Down 0.2 %

NYSE:HHH opened at $74.38 on Wednesday. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $87.77. The firm has a 50 day moving average of $75.56 and a 200 day moving average of $77.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $3.75 billion, a price-to-earnings ratio of 49.26 and a beta of 1.48.

Howard Hughes (NYSE:HHH) last posted its earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $983.59 million during the quarter, compared to analysts’ expectations of $949.18 million. As a group, sell-side analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

About Howard Hughes

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.