Truvestments Capital LLC Buys New Shares in Howard Hughes Holdings Inc. (NYSE:HHH)

Truvestments Capital LLC purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,073 shares of the company’s stock, valued at approximately $83,000.

Several other large investors also recently bought and sold shares of HHH. Carmel Capital Partners LLC grew its position in shares of Howard Hughes by 2.6% during the third quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company’s stock worth $444,000 after buying an additional 144 shares in the last quarter. US Bancorp DE increased 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 valued at $106,000 after purchasing an additional 190 shares during the last quarter. Arizona State Retirement System raised its holdings in shares of Howard Hughes by 2.2% in the 2nd quarter. Arizona State Retirement System now owns 9,143 shares of the company’s stock valued at $593,000 after purchasing an additional 197 shares in the last quarter. Hsbc Holdings PLC lifted its position in shares of Howard Hughes by 0.4% during the 2nd quarter. Hsbc Holdings PLC now owns 52,235 shares of the company’s stock worth $3,359,000 after purchasing an additional 227 shares during the last quarter. Finally, KBC Group NV grew its stake in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after purchasing an additional 287 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Up 0.4 %

Howard Hughes stock opened at $86.44 on Wednesday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.46. The stock’s fifty day moving average is $78.18 and its two-hundred day moving average is $72.21. The stock has a market cap of $4.33 billion, a PE ratio of 57.25 and a beta of 1.46.

Howard Hughes (NYSE:HHH) last posted its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS 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 analysts’ expectations of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same quarter last year, the business posted ($0.26) EPS. On average, sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal 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.