Captrust Financial Advisors Takes $310,000 Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Captrust Financial Advisors acquired a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,031 shares of the company's stock, valued at approximately $310,000.

A number of other large investors have also recently made changes to their positions in HHH. Jones Financial Companies Lllp purchased a new stake in Howard Hughes in the fourth quarter valued at $40,000. Sugar Maple Asset Management LLC acquired a new position in shares of Howard Hughes in the fourth quarter worth about $47,000. Huntington National Bank raised its position in shares of Howard Hughes by 335.5% in the fourth quarter. Huntington National Bank now owns 932 shares of the company's stock worth $72,000 after acquiring an additional 718 shares during the period. KBC Group NV raised its position in shares of Howard Hughes by 40.1% in the fourth quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after acquiring an additional 450 shares during the period. Finally, US Bancorp DE raised its position in shares of Howard Hughes by 30.7% in the fourth quarter. US Bancorp DE now owns 1,783 shares of the company's stock worth $137,000 after acquiring an additional 419 shares during the period. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Down 0.6%

Shares of HHH stock traded down $0.41 on Monday, reaching $66.65. 585,641 shares of the stock were exchanged, compared to its average volume of 347,897. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. The business's 50 day moving average price is $69.15 and its 200 day moving average price is $74.88. The company has a market capitalization of $3.36 billion, a price-to-earnings ratio of 44.14 and a beta of 1.21. Howard Hughes Holdings Inc. has a twelve month low of $59.83 and a twelve month high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings data on Wednesday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $199.33 million during the quarter, compared to the consensus estimate of $187.43 million. The business's quarterly revenue was up 27.3% compared to the same quarter last year. As a group, sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently weighed in on the stock. BMO Capital Markets reduced their price target on shares of Howard Hughes from $85.00 to $80.00 and set an "outperform" rating for the company in a research report on Wednesday, May 7th. Piper Sandler reduced their price target on shares of Howard Hughes from $105.00 to $85.00 and set an "overweight" rating for the company in a research report on Friday. Finally, JPMorgan Chase & Co. reduced their price target on shares of Howard Hughes from $84.00 to $82.00 and set an "overweight" rating for the company in a research report on Tuesday, April 29th.

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.