Healthcare of Ontario Pension Plan Trust Fund Has $6.25 Million Stock Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Healthcare of Ontario Pension Plan Trust Fund grew its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 30.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 96,400 shares of the company’s stock after purchasing an additional 22,400 shares during the quarter. Healthcare of Ontario Pension Plan Trust Fund owned about 0.19% of Howard Hughes worth $6,249,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HHH. Fidelis Capital Partners LLC acquired a new stake in Howard Hughes during the 1st quarter worth $26,000. Headlands Technologies LLC grew its holdings in shares of Howard Hughes by 897.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock valued at $87,000 after acquiring an additional 1,202 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Howard Hughes in the 2nd quarter valued at about $116,000. Quent Capital LLC grew its holdings in shares of Howard Hughes by 1,385.9% in the 1st quarter. Quent Capital LLC now owns 2,006 shares of the company’s stock valued at $146,000 after acquiring an additional 1,871 shares in the last quarter. Finally, EntryPoint Capital LLC bought a new position in shares of Howard Hughes in the 1st quarter valued at about $194,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Price Performance

Shares of NYSE HHH opened at $76.51 on Friday. The stock has a market capitalization of $3.85 billion, a price-to-earnings ratio of -6.52 and a beta of 1.45. The business has a 50-day moving average of $73.32 and a 200-day moving average of $69.16. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.35 and a quick ratio of 1.35. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $86.72.

Howard Hughes (NYSE:HHH) last issued its earnings results on Friday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.14. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. The business had revenue of $317.40 million during the quarter, compared to the consensus estimate of $239.73 million. During the same period last year, the business posted ($0.39) EPS. Howard Hughes’s revenue was up 42.1% on a year-over-year basis. As a group, sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.05 earnings per share for the current fiscal 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.