Carmel Capital Partners LLC Has $469,000 Stock Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Carmel Capital Partners LLC raised its holdings in Howard Hughes Holdings Inc. (NYSE:HHH) by 6.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 6,103 shares of the company’s stock after acquiring an additional 364 shares during the period. Carmel Capital Partners LLC’s holdings in Howard Hughes were worth $469,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in HHH. US Bancorp DE grew its holdings in 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 buying an additional 190 shares during the last quarter. Impax Asset Management Group plc acquired a new stake in Howard Hughes in the 3rd quarter valued at approximately $7,743,000. River Road Asset Management LLC grew its holdings in Howard Hughes by 66.0% in the 3rd quarter. River Road Asset Management LLC now owns 93,052 shares of the company’s stock valued at $7,205,000 after buying an additional 37,008 shares during the last quarter. Entropy Technologies LP acquired a new stake in Howard Hughes in the 3rd quarter valued at approximately $418,000. Finally, Victory Capital Management Inc. grew its holdings in Howard Hughes by 0.5% in the 3rd quarter. Victory Capital Management Inc. now owns 313,656 shares of the company’s stock valued at $24,286,000 after buying an additional 1,475 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Performance

HHH opened at $77.66 on Thursday. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77. The firm has a market capitalization of $3.91 billion, a P/E ratio of 51.43 and a beta of 1.48. The stock’s 50 day moving average price is $76.00 and its two-hundred day moving average price is $77.44. 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 data on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, topping the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The company had revenue of $983.59 million for the quarter, compared to analyst estimates of $949.18 million. On average, equities analysts forecast that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.