25,000 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Acquired by LMR Partners LLP

LMR Partners LLP purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 25,000 shares of the company’s stock, valued at approximately $1,936,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. KBC Group NV grew its position in Howard Hughes by 34.4% during the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after acquiring an additional 287 shares during the last quarter. Headlands Technologies LLC grew its position in shares of Howard Hughes by 897.0% in the 2nd 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. US Bancorp DE grew its position in shares of Howard Hughes by 16.2% in the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after buying an additional 190 shares during the last quarter. CWM LLC grew its position in shares of Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company’s stock worth $129,000 after buying an additional 1,506 shares during the last quarter. Finally, Innealta Capital LLC bought a new stake in shares of Howard Hughes in the 2nd quarter worth approximately $116,000. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Price Performance

Shares of HHH stock opened at $79.19 on Tuesday. The firm has a market cap of $3.97 billion, a P/E ratio of 52.42 and a beta of 1.46. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $86.72. The business’s 50 day moving average price is $77.23 and its 200-day moving average price is $71.58. 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) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.19 by $1.76. The firm had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same period last year, the company earned ($0.26) EPS. On average, equities research analysts anticipate 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.