Charles Schwab Investment Management Inc. Has $21.42 Million Stock Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Charles Schwab Investment Management Inc. decreased its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 1.7% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 276,617 shares of the company’s stock after selling 4,655 shares during the period. Charles Schwab Investment Management Inc. owned about 0.55% of Howard Hughes worth $21,418,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the company. Carmel Capital Partners LLC raised its stake in shares of Howard Hughes by 2.6% in the third quarter. Carmel Capital Partners LLC now owns 5,739 shares of the company’s stock valued at $444,000 after purchasing an additional 144 shares in the last quarter. US Bancorp DE increased its holdings in Howard Hughes by 16.2% in the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock valued at $106,000 after buying an additional 190 shares during the period. Arizona State Retirement System lifted its holdings in shares of Howard Hughes by 2.2% during the 2nd quarter. Arizona State Retirement System now owns 9,143 shares of the company’s stock worth $593,000 after acquiring an additional 197 shares during the period. Hsbc Holdings PLC increased its stake in Howard Hughes by 0.4% in the second quarter. Hsbc Holdings PLC now owns 52,235 shares of the company’s stock valued at $3,359,000 after acquiring an additional 227 shares during the period. Finally, KBC Group NV increased its stake in Howard Hughes by 34.4% in the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after acquiring an additional 287 shares during the period. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Stock Performance

NYSE:HHH opened at $84.94 on Friday. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The firm has a 50-day moving average price of $79.86 and a 200 day moving average price of $73.32. The firm has a market capitalization of $4.26 billion, a PE ratio of 56.25 and a beta of 1.48. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $87.77.

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 business had revenue of $327.15 million during the quarter, compared to the consensus estimate of $261.00 million. During the same quarter last year, the company earned ($0.26) EPS. Howard Hughes’s revenue was up 43.2% on a year-over-year basis. Research analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current fiscal year.

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.