Sugar Maple Asset Management LLC Invests $47,000 in Howard Hughes Holdings Inc. (NYSE:HHH)

Sugar Maple Asset Management LLC acquired a new stake in Howard Hughes Holdings Inc. (NYSE:HHH) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 605 shares of the company’s stock, valued at approximately $47,000.

Other institutional investors have also added to or reduced their stakes in the company. PEAK6 Investments LLC lifted its position in Howard Hughes by 201.8% in the 3rd quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after acquiring an additional 11,824 shares in the last quarter. XTX Topco Ltd lifted its position in Howard Hughes by 225.1% in the 2nd quarter. XTX Topco Ltd now owns 10,529 shares of the company’s stock valued at $682,000 after acquiring an additional 7,290 shares in the last quarter. JPMorgan Chase & Co. lifted 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 in the last quarter. Rule One Partners LLC bought a new stake in Howard Hughes in the 3rd quarter valued at $12,544,000. Finally, FMR LLC lifted its position in Howard Hughes by 46.9% in the 3rd quarter. FMR LLC now owns 5,985 shares of the company’s stock valued at $463,000 after acquiring an additional 1,910 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

Howard Hughes Trading Down 1.1 %

HHH opened at $76.64 on Tuesday. The stock has a market capitalization of $3.84 billion, a P/E ratio of 50.76 and a beta of 1.48. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. The firm’s fifty day simple moving average is $79.95 and its 200 day simple moving average is $76.03. 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) last issued its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $1.76. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The firm had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. During the same period in the previous year, the business earned ($0.26) EPS. The company’s revenue was up 43.2% compared to the same quarter last year. As a group, research analysts anticipate 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.