Thrivent Financial for Lutherans Buys 7,599 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Thrivent Financial for Lutherans grew its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 28.8% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 33,970 shares of the company’s stock after acquiring an additional 7,599 shares during the quarter. Thrivent Financial for Lutherans owned about 0.07% of Howard Hughes worth $2,630,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the stock. Swedbank AB bought a new stake in Howard Hughes during the 1st quarter valued at about $2,905,000. Bridges Investment Management Inc. purchased a new position in Howard Hughes in the 2nd quarter worth approximately $428,000. XTX Topco Ltd lifted its position in Howard Hughes by 225.1% in the 2nd quarter. XTX Topco Ltd now owns 10,529 shares of the company’s stock valued at $682,000 after acquiring an additional 7,290 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Howard Hughes by 50.0% during 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 increased its holdings in shares of 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 purchasing an additional 7,602 shares in the last quarter. Hedge funds and other institutional investors own 93.83% of the company’s stock.

Howard Hughes Trading Up 0.4 %

Shares of NYSE:HHH opened at $86.44 on Wednesday. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 1 year low of $59.00 and a 1 year high of $87.46. The company has a market cap of $4.33 billion, a P/E ratio of 57.05 and a beta of 1.46. The stock’s fifty day moving average price is $78.18 and its 200-day moving average price is $72.21.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share (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 quarter last year, the firm posted ($0.26) EPS. The business’s quarterly revenue was up 43.2% compared to the same quarter last year. Sell-side analysts expect that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.