Wilmington Savings Fund Society FSB Acquires Shares of 595 Howard Hughes Holdings Inc. (NYSE:HHH)

Wilmington Savings Fund Society FSB bought a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) in the third quarter, Holdings Channel reports. The firm bought 595 shares of the company’s stock, valued at approximately $46,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Sanctuary Advisors LLC acquired a new stake in Howard Hughes during the third quarter valued at $257,000. Boyar Asset Management Inc. raised its stake in shares of Howard Hughes by 64.8% during the 3rd quarter. Boyar Asset Management Inc. now owns 10,473 shares of the company’s stock worth $811,000 after purchasing an additional 4,119 shares in the last quarter. Rule One Partners LLC acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at about $12,544,000. M&T Bank Corp grew its stake in shares of Howard Hughes by 9.4% in the 3rd quarter. M&T Bank Corp now owns 5,419 shares of the company’s stock valued at $419,000 after buying an additional 465 shares in the last quarter. Finally, O Brien Greene & Co. Inc acquired a new position in Howard Hughes in the third quarter worth approximately $1,108,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Price Performance

NYSE HHH opened at $76.58 on Monday. 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 has a market capitalization of $3.84 billion, a PE ratio of 50.72 and a beta of 1.48. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The company has a 50 day moving average price of $80.70 and a two-hundred day moving average price of $74.46.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings data on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $1.76. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm had revenue of $327.15 million during the quarter, compared to analysts’ expectations of $261.00 million. During the same period in the prior year, the company posted ($0.26) earnings per share. Howard Hughes’s revenue for the quarter was up 43.2% on a year-over-year basis. As a group, equities analysts predict that Howard Hughes Holdings Inc. will post 3.28 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.