Retirement Planning Co of New England Inc. Makes New $262,000 Investment in Howard Hughes Holdings Inc. (NYSE:HHH)

Retirement Planning Co of New England Inc. acquired a new position in Howard Hughes Holdings Inc. (NYSE:HHH) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 3,410 shares of the company’s stock, valued at approximately $262,000.

A number of other institutional investors and hedge funds have also made changes to their positions in HHH. Jones Financial Companies Lllp purchased a new position in shares of Howard Hughes during the 4th quarter worth about $40,000. Wilmington Savings Fund Society FSB bought a new stake in Howard Hughes during the 3rd quarter valued at about $46,000. Sugar Maple Asset Management LLC bought a new stake in Howard Hughes during the 4th quarter valued at about $47,000. Truvestments Capital LLC bought a new stake in Howard Hughes during the 3rd quarter valued at about $83,000. Finally, KBC Group NV lifted its holdings in Howard Hughes by 34.4% during the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after buying an additional 287 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Trading Down 0.2 %

Shares of HHH opened at $74.38 on Wednesday. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. The company has a 50-day moving average of $75.56 and a 200 day moving average of $77.45. The firm has a market capitalization of $3.75 billion, a price-to-earnings ratio of 49.26 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08.

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, beating analysts’ consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. On average, research analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS 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.