Howard Hughes Holdings Inc. (NYSE:HHH) Shares Purchased by Pin Oak Investment Advisors Inc.

Pin Oak Investment Advisors Inc. boosted its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 0.5% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 52,991 shares of the company’s stock after buying an additional 240 shares during the period. Howard Hughes makes up about 3.7% of Pin Oak Investment Advisors Inc.’s holdings, making the stock its 6th biggest position. Pin Oak Investment Advisors Inc. owned approximately 0.11% of Howard Hughes worth $4,103,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. PEAK6 Investments LLC boosted its holdings in shares of Howard Hughes by 201.8% in the third quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after acquiring an additional 11,824 shares in the last quarter. FMR LLC lifted its position in Howard Hughes by 46.9% in the third quarter. FMR LLC now owns 5,985 shares of the company’s stock valued at $463,000 after purchasing an additional 1,910 shares during the period. Prospector Partners LLC boosted its holdings in Howard Hughes by 4.6% in the 3rd quarter. Prospector Partners LLC now owns 162,401 shares of the company’s stock valued at $12,575,000 after purchasing an additional 7,180 shares in the last quarter. Truvestments Capital LLC acquired a new position in Howard Hughes during the 3rd quarter worth approximately $83,000. Finally, DRW Securities LLC purchased a new position in shares of Howard Hughes during the 3rd quarter worth approximately $508,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Trading Up 0.6 %

Shares of HHH stock opened at $86.88 on Thursday. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The business’s fifty day moving average price is $78.62 and its 200 day moving average price is $72.46. The firm has a market capitalization of $4.36 billion, a PE ratio of 57.56 and a beta of 1.46.

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. The business had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business’s revenue was up 43.2% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.26) EPS. As a group, sell-side analysts forecast that Howard Hughes Holdings Inc. will post 3.28 EPS 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.