Dimensional Fund Advisors LP Buys 24,360 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Dimensional Fund Advisors LP grew its position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 1.0% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,485,447 shares of the company's stock after acquiring an additional 24,360 shares during the quarter. Dimensional Fund Advisors LP owned 4.96% of Howard Hughes worth $191,180,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Donald Smith & CO. Inc. lifted its stake in shares of 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 purchasing an additional 9,093 shares during the last quarter. American Century Companies Inc. boosted its holdings in Howard Hughes by 50.3% during the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock valued at $48,057,000 after acquiring an additional 209,217 shares during the period. JPMorgan Chase & Co. grew its position in Howard Hughes by 225.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock valued at $37,716,000 after acquiring an additional 337,514 shares during the last quarter. Egerton Capital UK LLP purchased a new stake in Howard Hughes in the fourth quarter worth $34,150,000. Finally, Norges Bank bought a new stake in shares of Howard Hughes during the fourth quarter worth $29,287,000. 93.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. reduced their price target on shares of Howard Hughes from $84.00 to $82.00 and set an "overweight" rating on the stock in a research note on Tuesday.

Howard Hughes Trading Down 1.1 %

HHH traded down $0.78 during trading on Tuesday, hitting $67.25. 50,365 shares of the stock were exchanged, compared to its average volume of 312,374. 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 firm has a 50 day simple moving average of $71.58 and a 200 day simple moving average of $76.15. The firm has a market cap of $3.39 billion, a price-to-earnings ratio of 44.54 and a beta of 1.14. Howard Hughes Holdings Inc. has a 1 year low of $59.83 and a 1 year high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.40. The firm had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. As a group, equities analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

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.