Creative Planning Buys Shares of 4,409 Howard Hughes Holdings Inc. (NYSE:HHH)

Creative Planning purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 4,409 shares of the company’s stock, valued at approximately $286,000.

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

Howard Hughes Stock Up 2.0 %

Shares of NYSE HHH opened at $78.04 on Friday. The company has a market cap of $3.92 billion, a price-to-earnings ratio of -6.65 and a beta of 1.45. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $86.72. The stock has a 50-day moving average price of $74.96 and a two-hundred day moving average price of $69.49.

Howard Hughes (NYSE:HHH) last released its quarterly earnings data on Friday, July 26th. The company reported $0.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $239.73 million. During the same period in the prior year, the company earned ($0.39) EPS. The firm’s quarterly revenue was up 42.1% compared to the same quarter last year. As a group, analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current fiscal 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.