Howard Hughes Holdings Inc. (NYSE:HHH) Stock Holdings Increased by LPL Financial LLC

LPL Financial LLC grew its holdings in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 155.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 49,600 shares of the company's stock after acquiring an additional 30,191 shares during the period. LPL Financial LLC owned about 0.10% of Howard Hughes worth $3,815,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Pin Oak Investment Advisors Inc. boosted its position in Howard Hughes by 0.3% in the 4th quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company's stock valued at $4,114,000 after buying an additional 144 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in Howard Hughes by 6.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company's stock worth $305,000 after purchasing an additional 250 shares during the last quarter. Carmel Capital Partners LLC raised its position in shares of Howard Hughes by 6.3% in the 4th quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company's stock valued at $469,000 after purchasing an additional 364 shares in the last quarter. Swiss National Bank grew its position in shares of Howard Hughes by 0.6% during the fourth quarter. Swiss National Bank now owns 64,200 shares of the company's stock worth $4,938,000 after buying an additional 400 shares in the last quarter. Finally, US Bancorp DE raised its holdings in Howard Hughes by 30.7% in the fourth quarter. US Bancorp DE now owns 1,783 shares of the company's stock valued at $137,000 after acquiring an additional 419 shares in the last quarter. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Performance

Shares of HHH traded down $0.43 during mid-day trading on Wednesday, hitting $65.48. The stock had a trading volume of 13,443 shares, compared to its average volume of 320,211. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.77. The company's fifty day simple moving average is $73.15 and its two-hundred day simple moving average is $76.70. The company has a market cap of $3.30 billion, a PE ratio of 43.40 and a beta of 1.14.

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