Crossmark Global Holdings Inc. Invests $1.31 Million in Howard Hughes Holdings Inc. (NYSE:HHH)

Crossmark Global Holdings Inc. bought a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) in the 1st quarter, according to the company in its most recent filing with the SEC. The fund bought 17,669 shares of the company's stock, valued at approximately $1,309,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp acquired a new position in shares of Howard Hughes in the 4th quarter valued at $40,000. Huntington National Bank grew its holdings in shares of Howard Hughes by 335.5% in the 4th quarter. Huntington National Bank now owns 932 shares of the company's stock valued at $72,000 after buying an additional 718 shares during the period. US Bancorp DE grew its holdings in shares of Howard Hughes by 30.7% in the 4th quarter. US Bancorp DE now owns 1,783 shares of the company's stock valued at $137,000 after buying an additional 419 shares during the period. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Howard Hughes by 116.7% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,340 shares of the company's stock valued at $174,000 after buying an additional 1,260 shares during the period. Finally, PNC Financial Services Group Inc. grew its holdings in shares of Howard Hughes by 759.6% in the 4th quarter. PNC Financial Services Group Inc. now owns 2,725 shares of the company's stock valued at $210,000 after buying an additional 2,408 shares during the period. Institutional investors and hedge funds own 93.83% of the company's stock.

Howard Hughes Stock Down 0.0%

NYSE HHH traded down $0.03 on Monday, reaching $70.52. The company had a trading volume of 354,073 shares, compared to its average volume of 378,332. The company's fifty day moving average is $69.06 and its 200-day moving average is $71.74. Howard Hughes Holdings Inc. has a 1-year low of $59.83 and a 1-year high of $87.77. The company has a debt-to-equity ratio of 1.84, a quick ratio of 1.41 and a current ratio of 1.41. The firm has a market capitalization of $3.55 billion, a price-to-earnings ratio of 13.53 and a beta of 1.21.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. Howard Hughes had a net margin of 14.27% and a return on equity of 10.21%. The company had revenue of $199.33 million during the quarter, compared to the consensus estimate of $187.43 million. Howard Hughes's quarterly 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.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on HHH shares. Piper Sandler reduced their target price on shares of Howard Hughes from $105.00 to $85.00 and set an "overweight" rating for the company in a research note on Friday, May 23rd. JPMorgan Chase & Co. lowered shares of Howard Hughes from an "overweight" rating to a "neutral" rating and reduced their target price for the stock from $82.00 to $76.00 in a research note on Monday, June 23rd. Finally, 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.

Howard Hughes 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.