17,800 Shares in Howard Hughes Holdings Inc. $HHH Purchased by Jackson Creek Investment Advisors LLC

Jackson Creek Investment Advisors LLC acquired a new stake in Howard Hughes Holdings Inc. (NYSE:HHH) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 17,800 shares of the company’s stock, valued at approximately $1,463,000.

A number of other institutional investors have also modified their holdings of the stock. Arizona State Retirement System grew its stake in Howard Hughes by 1.4% in the third quarter. Arizona State Retirement System now owns 9,666 shares of the company’s stock worth $794,000 after purchasing an additional 130 shares in the last quarter. Huntington National Bank grew its position in shares of Howard Hughes by 15.5% during the 2nd quarter. Huntington National Bank now owns 1,079 shares of the company’s stock worth $73,000 after buying an additional 145 shares in the last quarter. State Board of Administration of Florida Retirement System grew its position in shares of Howard Hughes by 0.5% during the 2nd quarter. State Board of Administration of Florida Retirement System now owns 33,098 shares of the company’s stock worth $2,234,000 after buying an additional 160 shares in the last quarter. Teacher Retirement System of Texas increased its stake in shares of Howard Hughes by 4.1% during the second quarter. Teacher Retirement System of Texas now owns 4,962 shares of the company’s stock valued at $335,000 after buying an additional 197 shares during the period. Finally, Allworth Financial LP raised its holdings in shares of Howard Hughes by 134.2% in the second quarter. Allworth Financial LP now owns 363 shares of the company’s stock valued at $25,000 after acquiring an additional 208 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have issued reports on the stock. Zacks Research downgraded shares of Howard Hughes from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 28th. Wall Street Zen upgraded shares of Howard Hughes from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Howard Hughes in a research note on Monday, December 29th. Two analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $83.33.

Howard Hughes Stock Down 2.4%

Shares of Howard Hughes stock opened at $79.70 on Tuesday. The company has a quick ratio of 1.18, a current ratio of 1.18 and a debt-to-equity ratio of 1.80. The company has a market cap of $4.73 billion, a P/E ratio of 15.54 and a beta of 1.24. The firm’s 50 day moving average price is $82.86 and its 200-day moving average price is $79.79. Howard Hughes Holdings Inc. has a 52-week low of $61.40 and a 52-week high of $91.07.

Howard Hughes (NYSE:HHH) last announced its earnings results on Monday, November 10th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.56 by $0.46. The company had revenue of $390.24 million during the quarter, compared to the consensus estimate of $331.52 million. Howard Hughes had a net margin of 14.95% and a return on equity of 11.06%. Howard Hughes’s revenue was up 19.3% compared to the same quarter last year. During the same period last year, the firm earned $1.95 earnings per share. On average, sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.

Insider Buying and Selling at Howard Hughes

In other Howard Hughes news, Director R Scot Sellers purchased 5,000 shares of the stock in a transaction on Tuesday, December 23rd. The stock was acquired at an average price of $77.94 per share, with a total value of $389,700.00. Following the completion of the acquisition, the director owned 67,517 shares in the company, valued at $5,262,274.98. The trade was a 8.00% increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mary Ann Tighe sold 6,000 shares of the business’s stock in a transaction dated Wednesday, November 26th. The stock was sold at an average price of $88.83, for a total value of $532,980.00. Following the sale, the director owned 13,495 shares in the company, valued at $1,198,760.85. The trade was a 30.78% decrease in their position. The disclosure for this sale is available in the SEC filing. 48.00% of the stock is owned by insiders.

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. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.