Howard Hughes Holdings Inc. (NYSE:HHH) Shares Bought by BTG Pactual Asset Management US LLC

BTG Pactual Asset Management US LLC lifted its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 32.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 240,879 shares of the company's stock after buying an additional 59,457 shares during the quarter. Howard Hughes makes up about 1.9% of BTG Pactual Asset Management US LLC's investment portfolio, making the stock its 9th largest holding. BTG Pactual Asset Management US LLC owned approximately 0.48% of Howard Hughes worth $18,528,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pin Oak Investment Advisors Inc. increased its position in shares of Howard Hughes by 0.3% in the 4th 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 last quarter. Wells Fargo & Company MN grew its stake in Howard Hughes by 1.6% in the fourth quarter. Wells Fargo & Company MN now owns 10,707 shares of the company's stock worth $824,000 after purchasing an additional 173 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in Howard Hughes by 6.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company's stock valued at $305,000 after buying an additional 250 shares during the last quarter. O Shaughnessy Asset Management LLC raised its stake in Howard Hughes by 12.3% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 3,001 shares of the company's stock valued at $231,000 after buying an additional 329 shares in the last quarter. Finally, Invesco Ltd. lifted its holdings in Howard Hughes by 0.4% during the 4th quarter. Invesco Ltd. now owns 85,907 shares of the company's stock worth $6,608,000 after buying an additional 332 shares during the last quarter. Institutional investors own 93.83% of the company's stock.

Howard Hughes Stock Performance

Shares of HHH traded up $0.64 during mid-day trading on Friday, hitting $66.25. The stock had a trading volume of 204,876 shares, compared to its average volume of 318,412. 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 company has a market cap of $3.34 billion, a PE ratio of 43.88 and a beta of 1.14. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.77. The company's fifty day simple moving average is $72.75 and its two-hundred day simple moving average is $76.55.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.85 by $0.40. The company had revenue of $983.59 million for the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. On average, equities analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current year.

About Howard Hughes

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.