US Bancorp DE Boosts Stock Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

US Bancorp DE raised its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHHFree Report) by 30.7% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,783 shares of the company’s stock after buying an additional 419 shares during the period. US Bancorp DE’s holdings in Howard Hughes were worth $137,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB purchased a new stake in Howard Hughes during the third quarter valued at about $46,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Howard Hughes during the fourth quarter worth about $47,000. Truvestments Capital LLC purchased a new stake in shares of Howard Hughes during the third quarter worth about $83,000. KBC Group NV boosted its holdings in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after purchasing an additional 287 shares during the period. Finally, Point72 Asia Singapore Pte. Ltd. boosted its holdings in shares of Howard Hughes by 421.8% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,150 shares of the company’s stock worth $166,000 after purchasing an additional 1,738 shares during the period. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Stock Performance

Howard Hughes stock opened at $73.44 on Monday. 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 firm has a 50-day moving average of $75.58 and a 200-day moving average of $77.45. The firm has a market cap of $3.70 billion, a P/E ratio of 48.64 and a beta of 1.48. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77.

Howard Hughes (NYSE:HHHGet Free Report) last posted its earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, topping analysts’ consensus estimates of $2.85 by $0.40. The company had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. Sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Howard Hughes Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Howard Hughes (NYSE:HHH)

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