XTX Topco Ltd Grows Position in Howard Hughes Holdings Inc. (NYSE:HHH)

XTX Topco Ltd lifted its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 225.1% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,529 shares of the company’s stock after purchasing an additional 7,290 shares during the quarter. XTX Topco Ltd’s holdings in Howard Hughes were worth $682,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Treasurer of the State of North Carolina grew its stake in Howard Hughes by 0.9% in the 4th quarter. Treasurer of the State of North Carolina now owns 14,926 shares of the company’s stock worth $1,277,000 after buying an additional 140 shares in the last quarter. Arizona State Retirement System lifted its holdings in shares of Howard Hughes by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 9,143 shares of the company’s stock worth $593,000 after acquiring an additional 197 shares during the last quarter. Hsbc Holdings PLC grew its position in Howard Hughes by 0.4% in the second quarter. Hsbc Holdings PLC now owns 52,235 shares of the company’s stock worth $3,359,000 after acquiring an additional 227 shares in the last quarter. LDR Capital Management LLC increased its stake in Howard Hughes by 1.9% in the first quarter. LDR Capital Management LLC now owns 17,491 shares of the company’s stock valued at $1,270,000 after acquiring an additional 321 shares during the last quarter. Finally, Beech Hill Advisors Inc. raised its position in Howard Hughes by 5.6% during the first quarter. Beech Hill Advisors Inc. now owns 6,650 shares of the company’s stock valued at $483,000 after purchasing an additional 350 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Separately, Jefferies Financial Group dropped their target price on Howard Hughes from $89.00 to $80.00 and set a “buy” rating for the company in a research report on Tuesday, June 4th.

Howard Hughes Stock Performance

NYSE HHH opened at $77.06 on Monday. The company has a 50-day simple moving average of $72.20 and a two-hundred day simple moving average of $68.90. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $86.72. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of -6.57 and a beta of 1.45. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.82.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Friday, July 26th. The company reported $0.42 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.14. The business had revenue of $317.40 million for the quarter, compared to analysts’ expectations of $239.73 million. Howard Hughes had a negative return on equity of 0.33% and a negative net margin of 49.52%. The business’s quarterly revenue was up 42.1% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.39) EPS. On average, equities analysts forecast that Howard Hughes Holdings Inc. will post 3.05 EPS for the current year.

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.