Victory Capital Management Inc. Increases Stock Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Victory Capital Management Inc. increased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 0.5% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 313,656 shares of the company’s stock after buying an additional 1,475 shares during the period. Victory Capital Management Inc.’s holdings in Howard Hughes were worth $24,286,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC purchased a new stake in shares of Howard Hughes during the first quarter worth about $294,000. Sei Investments Co. raised its position in shares of Howard Hughes by 6.5% in the 1st quarter. Sei Investments Co. now owns 47,254 shares of the company’s stock valued at $3,432,000 after purchasing an additional 2,887 shares in the last quarter. Clearbridge Investments LLC boosted its stake in shares of Howard Hughes by 2.4% during the 1st quarter. Clearbridge Investments LLC now owns 326,314 shares of the company’s stock valued at $23,697,000 after buying an additional 7,500 shares during the last quarter. EntryPoint Capital LLC acquired a new stake in shares of Howard Hughes during the first quarter worth approximately $194,000. Finally, Keeley Teton Advisors LLC increased its stake in shares of Howard Hughes by 25.3% in the first quarter. Keeley Teton Advisors LLC now owns 8,988 shares of the company’s stock worth $653,000 after buying an additional 1,813 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Trading Down 1.2 %

HHH opened at $79.91 on Monday. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $86.72. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market capitalization of $4.01 billion, a PE ratio of 52.92 and a beta of 1.46. The firm’s fifty day moving average price is $77.23 and its 200 day moving average price is $71.58.

Howard Hughes (NYSE:HHH) last issued its earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $1.76. The business had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company’s revenue for the quarter was up 43.2% on a year-over-year basis. During the same quarter in the prior year, the business posted ($0.26) EPS. As a group, research analysts expect that Howard Hughes Holdings Inc. will post 3.28 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.