5,000 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Purchased by Infrastructure Capital Advisors LLC

Infrastructure Capital Advisors LLC purchased a new position in Howard Hughes Holdings Inc. (NYSE:HHH) during the third quarter, Holdings Channel reports. The fund purchased 5,000 shares of the company’s stock, valued at approximately $387,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HHH. Price T Rowe Associates Inc. MD boosted its holdings in shares of Howard Hughes by 1.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 24,210 shares of the company’s stock worth $1,759,000 after buying an additional 398 shares during the last quarter. Virtu Financial LLC purchased a new stake in Howard Hughes during the first quarter valued at about $549,000. Swedbank AB purchased a new stake in Howard Hughes during the first quarter valued at about $2,905,000. Hilltop National Bank purchased a new stake in Howard Hughes during the second quarter valued at about $199,000. Finally, Beech Hill Advisors Inc. increased its position in shares of Howard Hughes by 9.8% during the second quarter. Beech Hill Advisors Inc. now owns 7,300 shares of the company’s stock valued at $473,000 after buying an additional 650 shares during the period. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Trading Up 0.6 %

Shares of HHH opened at $86.88 on Friday. The business’s 50-day moving average price is $78.81 and its 200-day moving average price is $72.56. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77. The stock has a market cap of $4.36 billion, a PE ratio of 57.54 and a beta of 1.46. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm had revenue of $327.15 million for the quarter, compared to analysts’ expectations of $261.00 million. During the same period in the prior year, the business posted ($0.26) earnings per share. The company’s revenue was up 43.2% on a year-over-year basis. On average, equities analysts forecast 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.