Charles Schwab Investment Management Inc. Buys 4,194 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Charles Schwab Investment Management Inc. raised its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 1.5% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 280,811 shares of the company’s stock after purchasing an additional 4,194 shares during the quarter. Charles Schwab Investment Management Inc. owned 0.56% of Howard Hughes worth $21,600,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Jones Financial Companies Lllp acquired a new stake in shares of Howard Hughes during the 4th quarter valued at about $40,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at about $46,000. Sugar Maple Asset Management LLC acquired a new stake in shares of Howard Hughes during the 4th quarter valued at about $47,000. Truvestments Capital LLC acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at about $83,000. Finally, KBC Group NV boosted 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 in the last quarter. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Price Performance

Shares of Howard Hughes stock opened at $74.38 on Wednesday. The firm has a market cap of $3.75 billion, a P/E ratio of 49.26 and a beta of 1.48. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The firm’s 50-day simple moving average is $75.56 and its 200-day simple moving average is $77.45.

Howard Hughes (NYSE:HHH) last released its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.40. The firm had revenue of $983.59 million for 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%. As a group, research analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.

About Howard Hughes

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.