US Bancorp DE Buys 419 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

US Bancorp DE increased its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 30.7% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 1,783 shares of the company’s stock after acquiring an additional 419 shares during the period. US Bancorp DE’s holdings in Howard Hughes were worth $137,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of HHH. Brighton Jones LLC bought a new position in shares of Howard Hughes during the fourth quarter valued at approximately $511,000. PEAK6 Investments LLC increased its stake in shares of Howard Hughes by 201.8% during the third quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after purchasing an additional 11,824 shares in the last quarter. KBC Group NV increased its stake in shares of Howard Hughes by 40.1% during the fourth quarter. KBC Group NV now owns 1,572 shares of the company’s stock valued at $121,000 after purchasing an additional 450 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Howard Hughes by 225.6% during the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company’s stock valued at $37,716,000 after purchasing an additional 337,514 shares in the last quarter. Finally, Rule One Partners LLC bought a new stake in shares of Howard Hughes during the third quarter valued at approximately $12,544,000. 93.83% of the stock is owned by institutional investors.

Howard Hughes Price Performance

Shares of HHH opened at $73.44 on Monday. The company has a market capitalization of $3.70 billion, a P/E ratio of 48.64 and a beta of 1.48. 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 50 day moving average of $75.58 and a 200 day moving average of $77.45. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.40. The company had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. As a group, equities research analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 earnings per share 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.