3,675 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Bought by Two Sigma Investments LP

Two Sigma Investments LP bought a new position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,675 shares of the company's stock, valued at approximately $283,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in HHH. State of Wyoming grew its stake in shares of Howard Hughes by 56.5% during the fourth quarter. State of Wyoming now owns 3,379 shares of the company's stock valued at $260,000 after buying an additional 1,220 shares during the last quarter. Point72 Asset Management L.P. purchased a new stake in shares of Howard Hughes during the 4th quarter valued at $600,000. Quantinno Capital Management LP purchased a new position in Howard Hughes in the 4th quarter worth $217,000. Nomura Holdings Inc. purchased a new position in Howard Hughes in the 4th quarter worth $253,000. Finally, Hudson Bay Capital Management LP acquired a new stake in Howard Hughes during the fourth quarter worth about $15,187,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on HHH shares. BMO Capital Markets dropped their price objective on Howard Hughes from $85.00 to $80.00 and set an "outperform" rating on the stock in a report on Wednesday, May 7th. Piper Sandler reduced their price objective on Howard Hughes from $105.00 to $85.00 and set an "overweight" rating on the stock in a research report on Friday, May 23rd. Finally, JPMorgan Chase & Co. reduced their target price on Howard Hughes from $84.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 29th.

Howard Hughes Trading Down 2.1%

Shares of NYSE HHH traded down $1.50 during trading on Friday, reaching $69.23. The stock had a trading volume of 480,738 shares, compared to its average volume of 360,578. Howard Hughes Holdings Inc. has a fifty-two week low of $59.83 and a fifty-two week high of $87.77. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The business's 50-day moving average price is $68.08 and its 200-day moving average price is $73.59. The company has a market cap of $3.49 billion, a P/E ratio of 45.85 and a beta of 1.23.

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, topping the consensus estimate of $0.13 by $0.08. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $199.33 million during the quarter, compared to analysts' expectations of $187.43 million. The firm's quarterly revenue was up 27.3% on a year-over-year basis. On average, equities research analysts predict that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.

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.