Howard Hughes Holdings Inc. (NYSE:HHH) Shares Acquired by M&T Bank Corp

M&T Bank Corp lifted its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 9.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,419 shares of the company’s stock after purchasing an additional 465 shares during the quarter. M&T Bank Corp’s holdings in Howard Hughes were worth $419,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of HHH. Carmel Capital Partners LLC raised its position in Howard Hughes by 2.6% during the 3rd quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company’s stock worth $444,000 after buying an additional 144 shares during the last quarter. Point72 DIFC Ltd boosted its holdings in shares of Howard Hughes by 2.0% in the 3rd quarter. Point72 DIFC Ltd now owns 7,543 shares of the company’s stock valued at $584,000 after acquiring an additional 147 shares during the last quarter. US Bancorp DE increased its stake in shares of Howard Hughes by 16.2% in the third quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after acquiring an additional 190 shares during the period. Arizona State Retirement System raised its holdings in shares of Howard Hughes by 2.2% during the second quarter. Arizona State Retirement System now owns 9,143 shares of the company’s stock worth $593,000 after purchasing an additional 197 shares during the last quarter. Finally, Hsbc Holdings PLC lifted its position in Howard Hughes by 0.4% during the second quarter. Hsbc Holdings PLC now owns 52,235 shares of the company’s stock valued at $3,359,000 after purchasing an additional 227 shares during the period. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Price Performance

Shares of HHH opened at $76.21 on Thursday. The business’s 50-day moving average is $80.71 and its two-hundred day moving average is $74.27. The company has a market capitalization of $3.82 billion, a P/E ratio of 50.47 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 quick ratio of 1.08 and a current ratio of 1.08.

Howard Hughes (NYSE:HHH) last posted its earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, topping the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The firm had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. During the same period last year, the company earned ($0.26) earnings per share. Howard Hughes’s revenue for the quarter was up 43.2% compared to the same quarter last year. Research analysts predict 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.