Northwest & Ethical Investments L.P. Takes Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Northwest & Ethical Investments L.P. bought a new stake in Howard Hughes Holdings Inc. (NYSE:HHH) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 20,883 shares of the company’s stock, valued at approximately $1,606,000.

A number of other institutional investors also recently modified their holdings of the business. Pin Oak Investment Advisors Inc. lifted its position in Howard Hughes by 0.3% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company’s stock worth $4,114,000 after purchasing an additional 144 shares during the period. Point72 DIFC Ltd lifted its position in Howard Hughes by 2.0% during the third quarter. Point72 DIFC Ltd now owns 7,543 shares of the company’s stock worth $584,000 after purchasing an additional 147 shares during the period. Janney Montgomery Scott LLC lifted its position in Howard Hughes by 6.7% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company’s stock worth $305,000 after purchasing an additional 250 shares during the period. KBC Group NV lifted its position in Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after purchasing an additional 287 shares during the period. Finally, Carmel Capital Partners LLC lifted its position in Howard Hughes by 6.3% during the fourth quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company’s stock worth $469,000 after purchasing an additional 364 shares during the period. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Trading Down 1.0 %

HHH opened at $74.90 on Friday. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77. The company has a 50-day simple moving average of $75.68 and a 200 day simple moving average of $77.41. 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 $3.78 billion, a price-to-earnings ratio of 49.60 and a beta of 1.48.

Howard Hughes (NYSE:HHH) last issued its earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.85 by $0.40. The firm had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. Analysts predict that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.

Howard Hughes 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.