Point72 DIFC Ltd Grows Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Point72 DIFC Ltd increased its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 2.0% in the third quarter, HoldingsChannel.com reports. The firm owned 7,543 shares of the company’s stock after buying an additional 147 shares during the period. Point72 DIFC Ltd’s holdings in Howard Hughes were worth $584,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Carmel Capital Partners LLC lifted its stake in Howard Hughes by 2.6% during the third quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company’s stock worth $444,000 after purchasing an additional 144 shares in the last quarter. US Bancorp DE lifted its stake in Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after acquiring an additional 190 shares in the last quarter. Arizona State Retirement System boosted its holdings in Howard Hughes by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 9,143 shares of the company’s stock valued at $593,000 after acquiring an additional 197 shares during the period. Hsbc Holdings PLC boosted its holdings in Howard Hughes by 0.4% during the 2nd quarter. Hsbc Holdings PLC now owns 52,235 shares of the company’s stock valued at $3,359,000 after acquiring an additional 227 shares during the period. Finally, Pin Oak Investment Advisors Inc. grew its position in Howard Hughes by 0.5% in the 3rd quarter. Pin Oak Investment Advisors Inc. now owns 52,991 shares of the company’s stock valued at $4,103,000 after acquiring an additional 240 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Up 0.1 %

Shares of HHH opened at $85.82 on Friday. 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 stock has a market capitalization of $4.30 billion, a PE ratio of 56.83 and a beta of 1.48. The company’s 50-day simple moving average is $79.71 and its 200-day simple moving average is $73.20. 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 issued its quarterly earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating the consensus estimate of $0.19 by $1.76. The company 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 firm’s revenue was up 43.2% compared to the same quarter last year. During the same quarter last year, the company posted ($0.26) EPS. Analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.