4,226 Shares in Howard Hughes Holdings Inc. (NYSE:HHH) Acquired by Schonfeld Strategic Advisors LLC

Schonfeld Strategic Advisors LLC acquired a new stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,226 shares of the company's stock, valued at approximately $325,000.

Several other large investors also recently modified their holdings of HHH. Egerton Capital UK LLP bought a new stake in shares of Howard Hughes in the fourth quarter worth about $34,150,000. Norges Bank bought a new stake in Howard Hughes during the 4th quarter valued at approximately $29,287,000. T. Rowe Price Investment Management Inc. boosted its position in Howard Hughes by 48.2% during 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 in the last quarter. River Road Asset Management LLC boosted its position in Howard Hughes by 235.9% during the 4th quarter. River Road Asset Management LLC now owns 312,566 shares of the company's stock valued at $24,043,000 after acquiring an additional 219,514 shares in the last quarter. Finally, American Century Companies Inc. boosted its position 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 in the last quarter. 93.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have weighed in on HHH. JPMorgan Chase & Co. cut their price objective 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. BMO Capital Markets cut their price objective on Howard Hughes from $85.00 to $80.00 and set an "outperform" rating on the stock in a research report on Wednesday, May 7th.

Howard Hughes Stock Down 0.3%

Shares of HHH stock traded down $0.18 during trading hours on Friday, hitting $70.62. 575,046 shares of the company's stock traded hands, compared to its average volume of 339,564. The stock's fifty day simple moving average is $69.86 and its two-hundred day simple moving average is $75.42. Howard Hughes Holdings Inc. has a 12-month low of $59.83 and a 12-month high of $87.77. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 46.77 and a beta of 1.21. 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 (NYSE:HHH - Get Free Report) last released its earnings results on Wednesday, May 7th. The company reported $0.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.08. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm had revenue of $199.33 million during the quarter, compared to analyst estimates of $187.43 million. The firm's revenue was up 27.3% compared to the same quarter last year. On average, analysts expect that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

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.