Howard Hughes Holdings Inc. (NYSE:HHH) Stock Holdings Increased by Boyar Asset Management Inc.

Boyar Asset Management Inc. raised its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 64.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,473 shares of the company’s stock after buying an additional 4,119 shares during the period. Boyar Asset Management Inc.’s holdings in Howard Hughes were worth $811,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of HHH. Diversified Trust Co purchased a new position in shares of Howard Hughes in the second quarter worth approximately $396,000. Assenagon Asset Management S.A. purchased a new position in shares of Howard Hughes during the second quarter valued at $1,482,000. OFI Invest Asset Management acquired a new position in Howard Hughes during the second quarter valued at $302,000. Bank of New York Mellon Corp lifted its stake in Howard Hughes by 7.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 109,407 shares of the company’s stock worth $7,092,000 after acquiring an additional 7,602 shares in the last quarter. Finally, LDR Capital Management LLC boosted its position in Howard Hughes by 48.7% during the 2nd quarter. LDR Capital Management LLC now owns 26,011 shares of the company’s stock worth $1,686,000 after acquiring an additional 8,520 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Trading Down 0.7 %

NYSE:HHH opened at $83.38 on Thursday. The stock has a market cap of $4.18 billion, a PE ratio of 55.22 and a beta of 1.48. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.77. 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’s 50-day moving average is $80.25 and its two-hundred day moving average is $73.75.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $261.00 million. During the same period in the previous year, the firm posted ($0.26) earnings per share. The firm’s revenue was up 43.2% on a year-over-year basis. As a group, equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.