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:HHH) 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:HHH) 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

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.