Squarepoint Ops LLC Has $1.55 Million Stock Position in Howard Hughes Holdings Inc. $HHH

Squarepoint Ops LLC cut its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 66.6% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 22,951 shares of the company’s stock after selling 45,691 shares during the period. Squarepoint Ops LLC’s holdings in Howard Hughes were worth $1,549,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Geode Capital Management LLC grew its position in Howard Hughes by 0.4% in the second quarter. Geode Capital Management LLC now owns 567,967 shares of the company’s stock valued at $38,343,000 after acquiring an additional 2,427 shares during the period. Norges Bank bought a new stake in shares of Howard Hughes in the 2nd quarter worth about $25,951,000. First Manhattan CO. LLC. increased its position in shares of Howard Hughes by 8.4% during the 1st quarter. First Manhattan CO. LLC. now owns 267,978 shares of the company’s stock worth $19,852,000 after purchasing an additional 20,684 shares in the last quarter. Northern Right Capital Management L.P. bought a new position in Howard Hughes during the 2nd quarter valued at about $17,641,000. Finally, Gotham Asset Management LLC boosted its position in Howard Hughes by 27.9% in the first quarter. Gotham Asset Management LLC now owns 241,420 shares of the company’s stock valued at $17,884,000 after buying an additional 52,702 shares in the last quarter. Institutional investors own 93.83% of the company’s stock.

Key Howard Hughes News

Here are the key news stories impacting Howard Hughes this week:

• Positive Sentiment: Acquisition adds a high?return, specialty insurance business: HHH agreed to acquire Vantage Group Holdings for ~$2.1 billion, giving HHH an established re/insurance platform that management says will anchor its shift into a diversified holding company and boost long?term ROE potential. Howard Hughes Holdings to Acquire Vantage Group Holdings
• Positive Sentiment: Pershing Square to manage Vantage assets fee?free: Pershing Square will run Vantage’s investment portfolio without management fees, which management frames as alignment that could materially improve investment returns. Pershing Square Holdings, Ltd. Announces Investment
• Positive Sentiment: Bill Ackman’s backing and strategy: Executive Chairman Bill Ackman frames the deal as the next step to build a diversified holding company (Ackman/Pershing Square support may increase strategic credibility). Howard Hughes’ Vantage deal gives Bill Ackman a platform
• Neutral Sentiment: Deal mechanics and timing: Purchase price ~ $2.1B (implied ~1.4x P/B at close). Financing is ~ $1.2B cash plus up to $1.0B of non?voting, non?interest?bearing preferred from Pershing Square; expected close Q2 2026, subject to regulatory approvals. Howard Hughes to buy Vantage for $2.1 bln (Reuters)
• Neutral Sentiment: Investor outreach & transparency: HHH hosted a conference call/X Spaces to discuss the deal — useful for hearing management’s integration plan and assumptions. Vantage Group Holdings to be acquired (PR Newswire)
• Negative Sentiment: Balance?sheet, dilution and complexity concerns: Using >$1B cash plus a complex PSH preferred structure raises near?term liquidity and capital?allocation questions; investors may worry about dilution, redemption economics and contingent obligations. Howard Hughes Holdings to Acquire Vantage Group Holdings
• Negative Sentiment: Execution, regulatory and insurance?cycle risk: Integrating a specialty insurer, obtaining approvals, and navigating underwriting cycles/regulatory capital rules create execution risk that could compress near?term returns. Howard Hughes Holdings Continues Its Transformation (Seeking Alpha)

Howard Hughes Stock Down 6.4%

NYSE HHH opened at $78.42 on Friday. The stock has a market capitalization of $4.66 billion, a P/E ratio of 15.29 and a beta of 1.22. Howard Hughes Holdings Inc. has a 52 week low of $61.40 and a 52 week high of $91.07. The company has a debt-to-equity ratio of 1.80, a quick ratio of 1.18 and a current ratio of 1.18. The stock has a fifty day moving average of $83.45 and a 200-day moving average of $77.07.

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

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Wall Street Zen raised shares of Howard Hughes from a “sell” rating to a “hold” rating in a report on Saturday, November 15th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Howard Hughes in a report on Monday. Zacks Research lowered Howard Hughes from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, October 28th. Finally, JPMorgan Chase & Co. raised their target price on Howard Hughes from $76.00 to $85.00 and gave the company a “neutral” rating in a research note on Friday, August 29th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $83.33.

Insider Transactions at Howard Hughes

In other Howard Hughes news, Director Anthony Williams sold 1,100 shares of the stock in a transaction dated Friday, September 26th. The stock was sold at an average price of $79.58, for a total value of $87,538.00. Following the transaction, the director owned 8,102 shares of the company’s stock, valued at approximately $644,757.16. This represents a 11.95% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Mary Ann Tighe sold 6,000 shares of the firm’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 transaction, the director owned 13,495 shares in the company, valued at approximately $1,198,760.85. This trade represents a 30.78% decrease in their position. The disclosure for this sale is available in the SEC filing. Corporate insiders own 48.00% of the company’s stock.

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.