Swiss National Bank Boosts Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Swiss National Bank lifted its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 0.6% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 64,200 shares of the company’s stock after purchasing an additional 400 shares during the period. Swiss National Bank’s holdings in Howard Hughes were worth $4,938,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Point72 DIFC Ltd lifted its stake in Howard Hughes by 2.0% in the 3rd quarter. Point72 DIFC Ltd now owns 7,543 shares of the company’s stock worth $584,000 after purchasing an additional 147 shares in the last quarter. Pin Oak Investment Advisors Inc. increased its holdings in shares of Howard Hughes by 0.5% in the third quarter. Pin Oak Investment Advisors Inc. now owns 52,991 shares of the company’s stock worth $4,103,000 after purchasing an additional 240 shares during the period. Janney Montgomery Scott LLC raised its position in shares of Howard Hughes by 6.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company’s stock worth $305,000 after buying an additional 250 shares in the last quarter. Carmel Capital Partners LLC boosted its stake in Howard Hughes by 6.3% during the fourth quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company’s stock valued at $469,000 after buying an additional 364 shares during the period. Finally, US Bancorp DE grew its position in Howard Hughes by 30.7% during the fourth quarter. US Bancorp DE now owns 1,783 shares of the company’s stock worth $137,000 after buying an additional 419 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Price Performance

Shares of NYSE HHH opened at $76.13 on Tuesday. The firm has a market capitalization of $3.84 billion, a P/E ratio of 50.42 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 stock’s 50-day simple moving average is $75.63 and its two-hundred day simple moving average is $77.48. 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 earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating analysts’ consensus estimates 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. As a group, equities analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 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.