Howard Hughes Holdings Inc. (NYSE:HHH) Shares Acquired by Tudor Investment Corp ET AL

Tudor Investment Corp ET AL raised its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 23.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 90,550 shares of the company's stock after purchasing an additional 17,314 shares during the quarter. Tudor Investment Corp ET AL owned 0.18% of Howard Hughes worth $6,965,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Jones Financial Companies Lllp acquired a new stake in Howard Hughes during the 4th quarter worth about $40,000. Wilmington Savings Fund Society FSB purchased a new position in Howard Hughes during the third quarter valued at approximately $46,000. Sugar Maple Asset Management LLC purchased a new stake in Howard Hughes in the 4th quarter worth approximately $47,000. Huntington National Bank grew its stake in shares of Howard Hughes by 335.5% during the 4th quarter. Huntington National Bank now owns 932 shares of the company's stock worth $72,000 after purchasing an additional 718 shares during the period. Finally, KBC Group NV grew its stake in shares of Howard Hughes by 40.1% during the 4th quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after purchasing an additional 450 shares during the period. 93.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, JPMorgan Chase & Co. lowered their price target on shares of Howard Hughes from $84.00 to $82.00 and set an "overweight" rating on the stock in a report on Tuesday, April 29th.

Howard Hughes Price Performance

HHH traded up $0.96 during trading on Friday, hitting $67.50. The company's stock had a trading volume of 183,622 shares, compared to its average volume of 310,983. The firm has a market capitalization of $3.40 billion, a price-to-earnings ratio of 44.70 and a beta of 1.21. Howard Hughes Holdings Inc. has a twelve month low of $59.83 and a twelve month high of $87.77. The business's fifty day simple moving average is $70.90 and its 200 day simple moving average is $75.82. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98.

Howard Hughes (NYSE:HHH - Get Free Report) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.85 by $0.40. The company had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. On average, equities research analysts forecast 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.