23 hours Ago By ABMN Staff
Marshall Wace LLP lifted its holdings in Howard Hughes Holdings Inc. ( NYSE:HHH – Free Report ) by 33.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission.
The fund owned 14,583 shares of the company’s stock after acquiring an additional 3,694 shares during the period. Marshall Wace LLP’s holdings in Howard Hughes were worth $1,122,000 at the end of the most recent quarter. Other institutional investors have also recently made changes to their positions in the company.
Zacks Investment Management raised its position in Howard Hughes by 3.4% in the 4th quarter. Zacks Investment Management now owns 72,337 shares of the company’s stock worth $5,564,000 after purchasing an additional 2,359 shares during the period.
BTG Pactual Asset Management US LLC raised its position in Howard Hughes by 32.8% in the 4th quarter. BTG Pactual Asset Management US LLC now owns 240,879 shares of the company’s stock worth $18,528,000 after purchasing an additional 59,457 shares during the period.
Sterling Capital Management LLC raised its position in Howard Hughes by 4.0% in the 4th quarter. Sterling Capital Management LLC now owns 14,690 shares of the company’s stock worth $1,130,000 after purchasing an additional 569 shares during the period.
Capital Fund Management S.A. purchased a new stake in Howard Hughes in the 4th quarter worth about $1,625,000.
Finally, DRW Securities LLC raised its position in Howard Hughes by 999.7% in the 4th quarter. DRW Securities LLC now owns 72,128 shares of the company’s stock worth $5,548,000 after purchasing an additional 65,569 shares during the period.
Institutional investors own 93.83% of the company’s stock. Wall Street Analyst Weigh In Separately, JPMorgan Chase & Co.
reduced their price objective on shares of Howard Hughes from $84.00 to $82.00 and set an “overweight” rating on the stock in a research report on Tuesday.
Howard Hughes Stock Performance Shares of NYSE:HHH opened at $67.63 on Wednesday. The firm has a market cap of $3.
41 billion, a PE ratio of 44.79 and a beta of 1.14.
The firm’s 50 day simple moving average is $71.47 and its 200-day simple moving average is $76.09.
Howard Hughes Holdings Inc. has a one year low of $59.83 and a one year 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. Howard Hughes ( NYSE:HHH – Get Free Report ) last issued its earnings results on Wednesday, February 26th.
The company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.
40. The business 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, equities analysts predict 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. See Also Want to see what other hedge funds are holding HHH? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Howard Hughes Holdings Inc.
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