Intrepid Capital Management Inc. Grows Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Intrepid Capital Management Inc. lifted its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 3.1% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 33,655 shares of the company’s stock after purchasing an additional 1,020 shares during the quarter. Howard Hughes comprises approximately 1.3% of Intrepid Capital Management Inc.’s holdings, making the stock its 20th largest holding. Intrepid Capital Management Inc. owned approximately 0.07% of Howard Hughes worth $2,589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of HHH. Jones Financial Companies Lllp purchased a new position in shares of Howard Hughes in the 4th quarter valued at $40,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Howard Hughes during the third quarter worth about $46,000. Sugar Maple Asset Management LLC acquired a new position in shares of Howard Hughes during the fourth quarter worth about $47,000. KBC Group NV boosted its position in shares of Howard Hughes by 40.1% in the fourth quarter. KBC Group NV now owns 1,572 shares of the company’s stock worth $121,000 after buying an additional 450 shares during the period. Finally, US Bancorp DE grew its stake in shares of Howard Hughes by 30.7% in the fourth quarter. US Bancorp DE now owns 1,783 shares of the company’s stock valued at $137,000 after buying an additional 419 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Performance

Howard Hughes stock opened at $73.89 on Wednesday. The firm has a market capitalization of $3.72 billion, a PE ratio of 48.93 and a beta of 1.48. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The stock’s 50 day moving average price is $75.37 and its 200 day moving average price is $77.54. 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 results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating analysts’ consensus estimates of $2.85 by $0.40. The firm had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. As a group, sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS 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.