Howard Hughes Holdings Inc. (NYSE:HHH) Shares Purchased by PEAK6 Investments LLC

PEAK6 Investments LLC raised its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 201.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 17,683 shares of the company’s stock after acquiring an additional 11,824 shares during the quarter. PEAK6 Investments LLC’s holdings in Howard Hughes were worth $1,369,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Truvestments Capital LLC acquired a new position in shares of Howard Hughes in the 3rd quarter valued at $83,000. Headlands Technologies LLC raised its position in shares of Howard Hughes by 897.0% in the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after acquiring an additional 1,202 shares during the period. KBC Group NV boosted its stake in shares of Howard Hughes by 34.4% during the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after acquiring an additional 287 shares in the last quarter. US Bancorp DE boosted its stake in shares of Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after acquiring an additional 190 shares in the last quarter. Finally, Innealta Capital LLC acquired a new stake in shares of Howard Hughes during the 2nd quarter valued at about $116,000. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Performance

NYSE HHH opened at $85.69 on Tuesday. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 56.75 and a beta of 1.46. The stock has a 50-day moving average of $79.18 and a 200 day moving average of $72.89. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. 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 Monday, November 4th. The company reported $1.95 earnings per share for the quarter, topping 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 business had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. During the same period in the prior year, the company posted ($0.26) EPS. The business’s quarterly revenue was up 43.2% on a year-over-year basis. Sell-side analysts anticipate 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.