Pin Oak Investment Advisors Inc. Buys 144 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Pin Oak Investment Advisors Inc. increased its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 53,135 shares of the company’s stock after purchasing an additional 144 shares during the period. Howard Hughes accounts for about 3.7% of Pin Oak Investment Advisors Inc.’s portfolio, making the stock its 7th largest position. Pin Oak Investment Advisors Inc. owned about 0.11% of Howard Hughes worth $4,114,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently bought and sold shares of the company. Oppenheimer Asset Management Inc. lifted its stake in shares of Howard Hughes by 44.7% during the third quarter. Oppenheimer Asset Management Inc. now owns 6,987 shares of the company’s stock worth $541,000 after buying an additional 2,160 shares during the period. KBC Group NV lifted 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 period. Thrivent Financial for Lutherans grew its stake in Howard Hughes by 28.8% during the 3rd quarter. Thrivent Financial for Lutherans now owns 33,970 shares of the company’s stock valued at $2,630,000 after purchasing an additional 7,599 shares during the last quarter. MAI Capital Management increased its holdings in shares of Howard Hughes by 4.3% in the third quarter. MAI Capital Management now owns 32,517 shares of the company’s stock valued at $2,518,000 after purchasing an additional 1,339 shares during the period. Finally, LMR Partners LLP acquired a new position in shares of Howard Hughes in the third quarter valued at about $1,936,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Price Performance

Shares of NYSE HHH opened at $74.38 on Wednesday. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $87.77. The business’s 50 day moving average price is $75.56 and its 200 day moving average price is $77.45. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The firm has a market cap of $3.75 billion, a P/E ratio of 49.26 and a beta of 1.48.

Howard Hughes (NYSE:HHH) last released its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating the consensus estimate of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business had revenue of $983.59 million for the quarter, compared to the consensus estimate of $949.18 million. On average, sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.7 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.