HighTower Advisors LLC Purchases 1,031 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

HighTower Advisors LLC increased its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 10.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 11,228 shares of the company’s stock after buying an additional 1,031 shares during the quarter. HighTower Advisors LLC’s holdings in Howard Hughes were worth $864,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC bought a new stake in shares of Howard Hughes in the 4th quarter valued at about $511,000. PEAK6 Investments LLC boosted its position in Howard Hughes by 201.8% during the 3rd quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after buying an additional 11,824 shares during the period. KBC Group NV grew its holdings in Howard Hughes by 40.1% in the 4th quarter. KBC Group NV now owns 1,572 shares of the company’s stock worth $121,000 after acquiring an additional 450 shares during the last quarter. JPMorgan Chase & Co. increased its position in shares of Howard Hughes by 225.6% in the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company’s stock valued at $37,716,000 after acquiring an additional 337,514 shares during the period. Finally, Rule One Partners LLC bought a new position in shares of Howard Hughes during the third quarter valued at about $12,544,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Up 0.0 %

NYSE HHH opened at $75.44 on Friday. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $87.77. The stock has a market capitalization of $3.80 billion, a PE ratio of 49.96 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The business’s 50-day moving average is $75.51 and its 200 day moving average is $77.47.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings data 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. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm had revenue of $983.59 million for the quarter, compared to analyst estimates of $949.18 million. Sell-side analysts forecast that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current year.

Howard Hughes Company 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.