Cerity Partners LLC Has $1.30 Million Stock Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Cerity Partners LLC boosted its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 42.9% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,541 shares of the company's stock after purchasing an additional 5,270 shares during the period. Cerity Partners LLC's holdings in Howard Hughes were worth $1,299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Dimensional Fund Advisors LP increased its position in Howard Hughes by 1.0% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,485,447 shares of the company's stock valued at $191,180,000 after acquiring an additional 24,360 shares during the period. Donald Smith & CO. Inc. increased its position in Howard Hughes by 0.6% in the 4th quarter. Donald Smith & CO. Inc. now owns 1,661,280 shares of the company's stock valued at $127,786,000 after acquiring an additional 9,093 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Howard Hughes by 48.2% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 828,317 shares of the company's stock valued at $63,715,000 after acquiring an additional 269,402 shares during the period. Dendur Capital LP increased its position in shares of Howard Hughes by 22.7% during the fourth quarter. Dendur Capital LP now owns 813,200 shares of the company's stock worth $62,551,000 after buying an additional 150,200 shares during the period. Finally, American Century Companies Inc. increased its position in shares of Howard Hughes by 50.3% during the fourth quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock worth $48,057,000 after buying an additional 209,217 shares during the period. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Howard Hughes Trading Up 0.5%

Shares of HHH traded up $0.33 during trading hours on Friday, hitting $69.77. 326,632 shares of the stock were exchanged, compared to its average volume of 393,655. The company has a debt-to-equity ratio of 1.84, a current ratio of 1.41 and a quick ratio of 1.41. The firm has a market capitalization of $3.52 billion, a P/E ratio of 13.39 and a beta of 1.21. The business has a 50-day moving average of $68.83 and a 200-day moving average of $71.35. Howard Hughes Holdings Inc. has a fifty-two week low of $59.83 and a fifty-two week high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The business had revenue of $199.33 million during the quarter, compared to analysts' expectations of $187.43 million. Howard Hughes had a net margin of 14.27% and a return on equity of 10.21%. The firm's revenue was up 27.3% compared to the same quarter last year. On average, research analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on HHH shares. JPMorgan Chase & Co. cut shares of Howard Hughes from an "overweight" rating to a "neutral" rating and decreased their price objective for the stock from $82.00 to $76.00 in a research report on Monday, June 23rd. Piper Sandler decreased their price objective 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, May 23rd. Finally, BMO Capital Markets decreased their price objective 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.

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.