Fox Run Management L.L.C. Acquires Shares of 3,421 Howard Hughes Holdings Inc. (NYSE:HHH)

Fox Run Management L.L.C. bought a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,421 shares of the company’s stock, valued at approximately $263,000.

A number of other hedge funds have also modified their holdings of the business. Pin Oak Investment Advisors Inc. grew its position in Howard Hughes by 0.3% during the 4th quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company’s stock worth $4,114,000 after purchasing an additional 144 shares during the last quarter. Point72 DIFC Ltd grew its holdings in shares of Howard Hughes by 2.0% during the third quarter. Point72 DIFC Ltd now owns 7,543 shares of the company’s stock worth $584,000 after buying an additional 147 shares during the last quarter. Janney Montgomery Scott LLC increased its position in Howard Hughes by 6.7% in the 4th quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company’s stock valued at $305,000 after acquiring an additional 250 shares during the period. Carmel Capital Partners LLC raised its stake in Howard Hughes by 6.3% during the 4th quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company’s stock valued at $469,000 after acquiring an additional 364 shares during the last quarter. Finally, Swiss National Bank lifted its position in Howard Hughes by 0.6% during the 4th quarter. Swiss National Bank now owns 64,200 shares of the company’s stock worth $4,938,000 after acquiring an additional 400 shares during the period. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Price Performance

Shares of NYSE:HHH opened at $75.44 on Friday. The company has a 50-day moving average price of $75.51 and a 200 day moving average price of $77.47. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $87.77. The company has a market cap of $3.80 billion, a P/E ratio of 49.96 and a beta of 1.48. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.85 by $0.40. The business had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. Research analysts predict that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current year.

About Howard Hughes

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.