Stifel Financial Corp Has $427,000 Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Stifel Financial Corp boosted its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 29.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,509 shares of the company’s stock after purchasing an additional 1,268 shares during the quarter. Stifel Financial Corp’s holdings in Howard Hughes were worth $427,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Donald Smith & CO. Inc. boosted its position in shares of Howard Hughes by 27.5% in the second quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company’s stock valued at $107,086,000 after acquiring an additional 356,025 shares during the period. Victory Capital Management Inc. raised its stake in Howard Hughes by 50.0% in the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company’s stock worth $20,236,000 after purchasing an additional 103,995 shares in the last quarter. Impax Asset Management Group plc bought a new stake in Howard Hughes in the 3rd quarter valued at about $7,743,000. Jacobs Levy Equity Management Inc. grew its position in shares of Howard Hughes by 22.2% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company’s stock worth $35,315,000 after purchasing an additional 82,746 shares in the last quarter. Finally, Empyrean Capital Partners LP bought a new position in shares of Howard Hughes during the second quarter worth approximately $4,862,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Stock Down 0.5 %

NYSE HHH opened at $76.66 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. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 50.77 and a beta of 1.48. The company has a 50 day moving average of $80.70 and a 200-day moving average of $74.63. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, beating the consensus estimate of $0.19 by $1.76. The firm had revenue of $327.15 million during the quarter, compared to analysts’ expectations of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The company’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.26) EPS. On average, equities research analysts expect 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.