Howard Hughes Holdings Inc. (NYSE:HHH) Shares Bought by Fmr LLC

Fmr LLC raised its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 46.9% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 5,985 shares of the company’s stock after acquiring an additional 1,910 shares during the period. Fmr LLC’s holdings in Howard Hughes were worth $463,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Carmel Capital Partners LLC grew its stake in shares of Howard Hughes by 2.6% during the 3rd quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company’s stock worth $444,000 after purchasing an additional 144 shares during the period. US Bancorp DE raised its position in shares of Howard Hughes by 16.2% in the third quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after acquiring an additional 190 shares during the period. Arizona State Retirement System raised its position in shares of Howard Hughes by 2.2% in the second 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 period. Hsbc Holdings PLC boosted its stake in shares of Howard Hughes by 0.4% during the 2nd 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. Finally, KBC Group NV grew its position in shares of Howard Hughes by 34.4% during the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after acquiring an additional 287 shares during the period. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Performance

Shares of HHH stock opened at $75.32 on Friday. 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 Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The business’s 50 day moving average is $80.71 and its two-hundred day moving average is $74.29. The company has a market capitalization of $3.78 billion, a P/E ratio of 49.88 and a beta of 1.48.

Howard Hughes (NYSE:HHH) last announced its earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $1.76. The firm had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business’s revenue was up 43.2% on a year-over-year basis. During the same quarter last year, the firm posted ($0.26) EPS. Analysts expect that Howard Hughes Holdings Inc. will post 3.28 EPS 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.