EntryPoint Capital LLC Makes New Investment in Howard Hughes Holdings Inc. (NYSE:HHH)

EntryPoint Capital LLC purchased a new position in Howard Hughes Holdings Inc. (NYSE:HHH) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 7,605 shares of the company’s stock, valued at approximately $585,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Jones Financial Companies Lllp bought a new position in Howard Hughes in the fourth quarter valued at $40,000. Wilmington Savings Fund Society FSB purchased a new position in shares of Howard Hughes in the 3rd quarter worth about $46,000. Sugar Maple Asset Management LLC bought a new position in shares of Howard Hughes during the 4th quarter valued at about $47,000. Truvestments Capital LLC bought a new stake in Howard Hughes in the 3rd quarter worth approximately $83,000. Finally, KBC Group NV boosted its stake in Howard Hughes by 40.1% in the fourth quarter. KBC Group NV now owns 1,572 shares of the company’s stock worth $121,000 after buying an additional 450 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Trading Up 1.5 %

HHH stock opened at $76.13 on Tuesday. The company has a market capitalization of $3.84 billion, a PE ratio of 50.42 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The company’s 50 day moving average price is $75.63 and its two-hundred day moving average price is $77.48.

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