KBC Group NV Acquires 287 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

KBC Group NV grew its holdings in Howard Hughes Holdings Inc. (NYSE:HHH) by 34.4% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 1,122 shares of the company’s stock after purchasing an additional 287 shares during the period. KBC Group NV’s holdings in Howard Hughes were worth $87,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of HHH. Swedbank AB acquired a new position in Howard Hughes during the first quarter worth about $2,905,000. Bridges Investment Management Inc. bought a new stake in shares of Howard Hughes during the 2nd quarter valued at approximately $428,000. XTX Topco Ltd increased its position in Howard Hughes by 225.1% during the 2nd quarter. XTX Topco Ltd now owns 10,529 shares of the company’s stock worth $682,000 after purchasing an additional 7,290 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Howard Hughes by 50.0% in the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company’s stock valued at $20,236,000 after purchasing an additional 103,995 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in Howard Hughes by 7.5% in the second quarter. Bank of New York Mellon Corp now owns 109,407 shares of the company’s stock valued at $7,092,000 after buying an additional 7,602 shares in the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Up 2.1 %

Shares of NYSE:HHH opened at $83.89 on Friday. Howard Hughes Holdings Inc. has a 52-week low of $59.00 and a 52-week high of $86.72. The company has a market capitalization of $4.21 billion, a PE ratio of 54.40 and a beta of 1.46. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The company has a fifty day moving average of $77.79 and a 200-day moving average of $71.88.

Howard Hughes (NYSE:HHH) last issued its earnings results on Monday, November 4th. The company reported $1.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $327.15 million during the quarter, compared to analysts’ expectations of $261.00 million. During the same quarter in the prior year, the firm earned ($0.26) EPS. The business’s revenue for the quarter was up 43.2% compared to the same quarter last year. On average, equities analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal 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.