SG Americas Securities LLC Has $3.91 Million Stock Holdings in Howard Hughes Holdings Inc. $HHH

SG Americas Securities LLC increased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 90.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 48,992 shares of the company’s stock after acquiring an additional 23,276 shares during the quarter. SG Americas Securities LLC owned about 0.08% of Howard Hughes worth $3,908,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of HHH. Global Retirement Partners LLC acquired a new stake in Howard Hughes in the third quarter worth $31,000. EverSource Wealth Advisors LLC grew its holdings in shares of Howard Hughes by 191.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 516 shares of the company’s stock valued at $35,000 after buying an additional 339 shares during the period. CWM LLC increased its position in shares of Howard Hughes by 69.6% in the 3rd quarter. CWM LLC now owns 665 shares of the company’s stock valued at $55,000 after buying an additional 273 shares in the last quarter. Quantbot Technologies LP bought a new stake in shares of Howard Hughes in the 3rd quarter valued at $76,000. Finally, NewEdge Advisors LLC raised its stake in Howard Hughes by 3,793.3% during the 2nd quarter. NewEdge Advisors LLC now owns 1,168 shares of the company’s stock worth $79,000 after buying an additional 1,138 shares during the period. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Performance

Shares of HHH opened at $62.75 on Friday. The firm has a market cap of $3.74 billion, a P/E ratio of 29.74 and a beta of 1.28. Howard Hughes Holdings Inc. has a twelve month low of $61.01 and a twelve month high of $91.07. The company has a debt-to-equity ratio of 1.73, a quick ratio of 1.19 and a current ratio of 1.19. The firm’s 50 day moving average price is $72.72 and its two-hundred day moving average price is $79.11.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings data on Thursday, February 19th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by ($0.21). The company had revenue of $624.45 million for the quarter. Howard Hughes had a return on equity of 5.54% and a net margin of 8.40%.The firm’s quarterly revenue was down 36.5% compared to the same quarter last year. During the same period last year, the company earned $3.25 earnings per share. On average, analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “hold (c)” rating on shares of Howard Hughes in a research note on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $83.33.

Insider Buying and Selling at Howard Hughes

In other news, General Counsel Joseph Valane acquired 1,260 shares of Howard Hughes stock in a transaction dated Friday, March 13th. The stock was bought at an average cost of $64.45 per share, with a total value of $81,207.00. Following the completion of the transaction, the general counsel directly owned 29,209 shares of the company’s stock, valued at approximately $1,882,520.05. This represents a 4.51% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 48.00% of the stock is owned by corporate insiders.

About Howard Hughes

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. Its MPCs segment develops, sells, and leases residential and commercial land designated for long-term community development projects in and around Las Vegas, Nevada; Houston, Texas; and Phoenix, Arizona.