Donald Smith & CO. Inc. Acquires 9,093 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Donald Smith & CO. Inc. increased its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,661,280 shares of the company’s stock after acquiring an additional 9,093 shares during the quarter. Howard Hughes comprises 3.1% of Donald Smith & CO. Inc.’s portfolio, making the stock its 14th biggest holding. Donald Smith & CO. Inc. owned 3.31% of Howard Hughes worth $127,786,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Rangeley Capital LLC bought a new position in shares of Howard Hughes during the fourth quarter worth approximately $843,000. Bryce Point Capital LLC bought a new position in Howard Hughes during the 4th quarter worth $533,000. Huntington National Bank lifted its holdings in shares of Howard Hughes by 335.5% during the fourth quarter. Huntington National Bank now owns 932 shares of the company’s stock worth $72,000 after buying an additional 718 shares in the last quarter. Intrepid Capital Management Inc. boosted its position in shares of Howard Hughes by 3.1% in the fourth quarter. Intrepid Capital Management Inc. now owns 33,655 shares of the company’s stock valued at $2,589,000 after acquiring an additional 1,020 shares during the period. Finally, Trexquant Investment LP boosted its position in shares of Howard Hughes by 192.3% in the fourth quarter. Trexquant Investment LP now owns 39,458 shares of the company’s stock valued at $3,035,000 after acquiring an additional 25,960 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Price Performance

Shares of Howard Hughes stock opened at $74.85 on Thursday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 49.57 and a beta of 1.48. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $87.77. The company has a 50-day simple moving average of $75.36 and a two-hundred day simple moving average of $77.52.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million during the quarter, compared to analysts’ expectations of $949.18 million. Analysts forecast 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.