BNP Paribas Financial Markets Takes $1.09 Million Position in Howard Hughes Holdings Inc. (NYSE:HHH)

BNP Paribas Financial Markets purchased a new stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 14,169 shares of the company's stock, valued at approximately $1,090,000.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. grew its holdings 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 valued at $4,114,000 after buying an additional 144 shares during the period. Wells Fargo & Company MN grew its holdings in shares of Howard Hughes by 1.6% in the 4th quarter. Wells Fargo & Company MN now owns 10,707 shares of the company's stock valued at $824,000 after buying an additional 173 shares during the period. Stifel Financial Corp grew its holdings in shares of Howard Hughes by 4.2% in the 4th quarter. Stifel Financial Corp now owns 5,743 shares of the company's stock valued at $442,000 after buying an additional 234 shares during the period. Janney Montgomery Scott LLC grew its holdings in shares of Howard Hughes by 6.7% in the 4th 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 period. Finally, Boyar Asset Management Inc. grew its holdings in shares of Howard Hughes by 2.8% in the 4th quarter. Boyar Asset Management Inc. now owns 10,769 shares of the company's stock valued at $828,000 after buying an additional 296 shares during the period. Institutional investors and hedge funds own 93.83% of the company's stock.

Howard Hughes Stock Down 0.6%

NYSE HHH traded down $0.41 on Monday, reaching $66.65. The company had a trading volume of 585,641 shares, compared to its average volume of 347,897. The firm has a market capitalization of $3.36 billion, a price-to-earnings ratio of 44.14 and a beta of 1.21. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. Howard Hughes Holdings Inc. has a 1-year low of $59.83 and a 1-year high of $87.77. The company's fifty day moving average is $69.15 and its 200-day moving average is $74.88.

Howard Hughes (NYSE:HHH - Get Free Report) last announced its earnings results on Wednesday, May 7th. The company reported $0.21 earnings per share for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The firm had revenue of $199.33 million during the quarter, compared to analyst estimates of $187.43 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm's revenue was up 27.3% on a year-over-year basis. On average, research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

HHH has been the subject of several research analyst reports. Piper Sandler decreased their price target on shares of Howard Hughes from $105.00 to $85.00 and set an "overweight" rating for the company in a report on Friday. BMO Capital Markets reduced their target price on shares of Howard Hughes from $85.00 to $80.00 and set an "outperform" rating for the company in a research note on Wednesday, May 7th. Finally, JPMorgan Chase & Co. reduced their target price on shares of Howard Hughes from $84.00 to $82.00 and set an "overweight" rating for the company in a research note on Tuesday, April 29th.

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.