Howard Hughes Holdings Inc. (NYSE:HHH) Shares Acquired by Bank of New York Mellon Corp

Bank of New York Mellon Corp boosted its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 5.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 111,834 shares of the company’s stock after purchasing an additional 5,356 shares during the quarter. Bank of New York Mellon Corp owned approximately 0.22% of Howard Hughes worth $8,602,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. Impax Asset Management Group plc raised its position in Howard Hughes by 157.4% in the fourth quarter. Impax Asset Management Group plc now owns 257,393 shares of the company’s stock valued at $19,799,000 after purchasing an additional 157,393 shares during the period. Wolverine Asset Management LLC boosted its position in shares of Howard Hughes by 122.3% during the 4th quarter. Wolverine Asset Management LLC now owns 6,624 shares of the company’s stock worth $510,000 after acquiring an additional 36,300 shares in the last quarter. O Brien Greene & Co. Inc boosted its position in shares of Howard Hughes by 10.5% in the 4th quarter. O Brien Greene & Co. Inc now owns 15,805 shares of the company’s stock valued at $1,216,000 after purchasing an additional 1,500 shares during the period. Handelsbanken Fonder AB boosted its position in shares of Howard Hughes by 7.5% in the 4th quarter. Handelsbanken Fonder AB now owns 14,358 shares of the company’s stock valued at $1,104,000 after purchasing an additional 1,000 shares during the period. Finally, Ieq Capital LLC purchased a new stake in Howard Hughes during the 4th quarter valued at approximately $1,025,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Stock Performance

Shares of HHH stock opened at $73.44 on Friday. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The company has a market cap of $3.70 billion, a price-to-earnings ratio of 48.64 and a beta of 1.48. The stock has a 50 day simple moving average of $75.58 and a 200-day simple moving average of $77.42. 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 (NYSE:HHH) last posted its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million for the quarter, compared to analysts’ expectations of $949.18 million. On average, equities analysts forecast that Howard Hughes Holdings Inc. will post 3.7 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.