Gotham Asset Management LLC Purchases 1,364 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Gotham Asset Management LLC grew its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 0.7% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 188,718 shares of the company’s stock after buying an additional 1,364 shares during the period. Gotham Asset Management LLC owned approximately 0.38% of Howard Hughes worth $14,516,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Dimensional Fund Advisors LP lifted its position in Howard Hughes by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,485,447 shares of the company’s stock valued at $191,180,000 after acquiring an additional 24,360 shares in the last quarter. Donald Smith & CO. Inc. lifted its holdings in shares of Howard Hughes by 0.6% during the fourth quarter. Donald Smith & CO. Inc. now owns 1,661,280 shares of the company’s stock valued at $127,786,000 after purchasing an additional 9,093 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Howard Hughes by 48.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 828,317 shares of the company’s stock valued at $63,715,000 after purchasing an additional 269,402 shares in the last quarter. Dendur Capital LP increased its holdings in Howard Hughes by 22.7% in the 4th quarter. Dendur Capital LP now owns 813,200 shares of the company’s stock worth $62,551,000 after buying an additional 150,200 shares in the last quarter. Finally, American Century Companies Inc. raised its position in Howard Hughes by 50.3% in the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company’s stock worth $48,057,000 after buying an additional 209,217 shares during the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on HHH. BMO Capital Markets dropped their price target on shares of Howard Hughes from $85.00 to $80.00 and set an “outperform” rating on the stock in a report on Wednesday. JPMorgan Chase & Co. cut their target price on shares of Howard Hughes from $84.00 to $82.00 and set an “overweight” rating for the company in a research report on Tuesday, April 29th.

Howard Hughes Price Performance

NYSE HHH opened at $71.57 on Friday. The company has a 50-day moving average price of $70.17 and a 200-day moving average price of $75.56. Howard Hughes Holdings Inc. has a 52 week low of $59.83 and a 52 week high of $87.77. 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 firm has a market capitalization of $3.61 billion, a P/E ratio of 47.40 and a beta of 1.21.

Howard Hughes (NYSE:HHH) last announced its earnings results on Wednesday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. The company had revenue of $199.33 million during the quarter, compared to analyst estimates of $187.43 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm’s revenue for the quarter was up 27.3% compared to the same quarter last year. Equities research analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.