Howard Hughes Holdings Inc. (NYSE:HHH) Holdings Boosted by River Road Asset Management LLC

River Road Asset Management LLC boosted its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 66.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 93,052 shares of the company’s stock after purchasing an additional 37,008 shares during the period. River Road Asset Management LLC’s holdings in Howard Hughes were worth $7,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in HHH. Fidelis Capital Partners LLC purchased a new position in Howard Hughes during the 1st quarter worth approximately $26,000. Headlands Technologies LLC grew its holdings in shares of Howard Hughes by 897.0% during the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock valued at $87,000 after acquiring an additional 1,202 shares in the last quarter. US Bancorp DE grew its holdings in shares of Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock valued at $106,000 after acquiring an additional 190 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of Howard Hughes in the 2nd quarter valued at $116,000. Finally, CWM LLC lifted its stake in shares of Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company’s stock valued at $129,000 after purchasing an additional 1,506 shares during the last quarter. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Stock Up 6.5 %

HHH stock opened at $80.88 on Wednesday. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $86.72. The company has a fifty day simple moving average of $75.92 and a 200 day simple moving average of $70.56. The firm has a market cap of $4.06 billion, a PE ratio of -7.41 and a beta of 1.46.

Howard Hughes (NYSE:HHH) last released its earnings results 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 during the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. The business’s revenue was up 43.2% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.26) EPS. Sell-side analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 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.