US Bancorp DE Acquires 190 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

US Bancorp DE increased its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 16.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,364 shares of the company’s stock after buying an additional 190 shares during the quarter. US Bancorp DE’s holdings in Howard Hughes were worth $106,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Headlands Technologies LLC grew its stake in shares of Howard Hughes by 897.0% during the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after buying an additional 1,202 shares during the last quarter. Innealta Capital LLC bought a new stake in Howard Hughes during the 2nd quarter worth $116,000. CWM LLC raised its position in Howard Hughes by 912.7% in the third quarter. CWM LLC now owns 1,671 shares of the company’s stock valued at $129,000 after purchasing an additional 1,506 shares during the last quarter. Quent Capital LLC boosted its stake in shares of Howard Hughes by 1,038.6% during the third quarter. Quent Capital LLC now owns 2,152 shares of the company’s stock valued at $167,000 after purchasing an additional 1,963 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Howard Hughes during the third quarter valued at about $167,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Stock Performance

Howard Hughes stock opened at $79.91 on Friday. The business has a 50 day moving average of $77.23 and a 200-day moving average of $71.54. The company has a market capitalization of $4.01 billion, a P/E ratio of 52.92 and a beta of 1.46. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $86.72. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) 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 net margin of 6.57% and a return on equity of 3.38%. The company’s revenue was up 43.2% on a year-over-year basis. During the same period in the prior year, the company posted ($0.26) EPS. On average, equities research analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.