Annex Advisory Services LLC Increases Stake in Howard Hughes Holdings Inc. $HHH

Key Points

• Annex Advisory increased its stake in Howard Hughes by 1,117.5% in Q4, adding 166,489 shares to hold 181,388 shares worth about $14.47 million (≈0.31% of the company).
• Howard Hughes missed Q4 expectations, reporting $0.10 EPS vs. $0.31 expected and a 36.5% year‑over‑year revenue decline.
• Weiss Ratings downgraded the stock to a Sell (d+) while the sell‑side consensus remains a Hold with a $83.33 price target; additionally, the company's general counsel purchased 1,260 shares and insiders now own about 48% of the stock.

Annex Advisory Services LLC increased its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 1,117.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 181,388 shares of the company's stock after buying an additional 166,489 shares during the period. Annex Advisory Services LLC owned about 0.31% of Howard Hughes worth $14,469,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in HHH. Global Retirement Partners LLC purchased a new stake in Howard Hughes during the 3rd quarter worth approximately $31,000. Signaturefd LLC increased its position in shares of Howard Hughes by 41.5% in the 4th quarter. Signaturefd LLC now owns 423 shares of the company's stock valued at $34,000 after purchasing an additional 124 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in shares of Howard Hughes by 191.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the company's stock valued at $35,000 after purchasing an additional 339 shares during the last quarter. CWM LLC increased its position in shares of Howard Hughes by 69.6% in the 3rd quarter. CWM LLC now owns 665 shares of the company's stock valued at $55,000 after purchasing an additional 273 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Howard Hughes in the 3rd quarter valued at approximately $76,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings downgraded shares of Howard Hughes from a "hold (c-)" rating to a "sell (d+)" rating in a research report on Monday, April 6th. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Howard Hughes has a consensus rating of "Hold" and a consensus price target of $83.33.

Howard Hughes Trading Up 1.1%

NYSE HHH opened at $65.03 on Wednesday. The company has a debt-to-equity ratio of 1.73, a current ratio of 1.19 and a quick ratio of 1.19. The firm's fifty day moving average price is $69.98 and its 200 day moving average price is $78.10. The company has a market capitalization of $3.88 billion, a price-to-earnings ratio of 30.82 and a beta of 1.28. Howard Hughes Holdings Inc. has a 12 month low of $61.01 and a 12 month high of $91.07.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its earnings results on Thursday, February 19th. The company reported $0.10 EPS for the quarter, missing analysts' consensus estimates of $0.31 by ($0.21). The company had revenue of $624.45 million during the quarter. Howard Hughes had a net margin of 8.40% and a return on equity of 5.54%. Howard Hughes's revenue was down 36.5% on a year-over-year basis. During the same quarter last year, the business earned $3.25 earnings per share. On average, sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Howard Hughes news, General Counsel Joseph Valane purchased 1,260 shares of the firm's stock in a transaction that occurred on Friday, March 13th. The stock was purchased at an average price of $64.45 per share, for a total transaction of $81,207.00. Following the purchase, the general counsel directly owned 29,209 shares in the company, valued at approximately $1,882,520.05. This trade represents a 4.51% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 48.00% of the stock is currently owned by corporate insiders.

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. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.

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