Howard Hughes Holdings Inc. (NYSE:HHH) Shares Purchased by AlphaQuest LLC

AlphaQuest LLC increased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 28.9% in the fourth quarter, HoldingsChannel reports. The firm owned 16,073 shares of the company’s stock after acquiring an additional 3,601 shares during the quarter. AlphaQuest LLC’s holdings in Howard Hughes were worth $1,236,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of HHH. US Bancorp DE lifted its holdings in shares of Howard Hughes by 16.2% during the third quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after purchasing an additional 190 shares during the period. Entropy Technologies LP acquired a new stake in shares of Howard Hughes during the third quarter worth about $418,000. Victory Capital Management Inc. lifted its holdings in shares of Howard Hughes by 0.5% during the third quarter. Victory Capital Management Inc. now owns 313,656 shares of the company’s stock worth $24,286,000 after purchasing an additional 1,475 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in shares of Howard Hughes by 44.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 6,987 shares of the company’s stock worth $541,000 after purchasing an additional 2,160 shares during the period. Finally, KBC Group NV lifted its holdings in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after purchasing an additional 287 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Trading Up 0.1 %

Shares of NYSE:HHH opened at $74.92 on Monday. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The company has a market capitalization of $3.78 billion, a PE ratio of 49.62 and a beta of 1.48. The business has a 50 day moving average of $75.94 and a two-hundred day moving average of $77.50. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98.

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