Dimensional Fund Advisors LP Has $205.18 Million Stake in Howard Hughes Holdings Inc. $HHH

Dimensional Fund Advisors LP lifted its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 0.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,497,032 shares of the company’s stock after purchasing an additional 9,102 shares during the quarter. Dimensional Fund Advisors LP owned 4.20% of Howard Hughes worth $205,179,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also made changes to their positions in the stock. Focus Partners Advisor Solutions LLC purchased a new position in Howard Hughes during the third quarter valued at approximately $220,000. American Century Companies Inc. lifted its position in Howard Hughes by 0.3% in the 3rd quarter. American Century Companies Inc. now owns 747,495 shares of the company’s stock worth $61,422,000 after buying an additional 2,595 shares in the last quarter. Quantbot Technologies LP acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at $76,000. Harbor Advisors LLC acquired a new stake in shares of Howard Hughes during the 3rd quarter valued at $215,000. Finally, US Bancorp DE grew its holdings in shares of Howard Hughes by 129.5% during the 3rd quarter. US Bancorp DE now owns 4,360 shares of the company’s stock valued at $358,000 after acquiring an additional 2,460 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Howard Hughes

In other Howard Hughes news, Director R Scot Sellers acquired 5,000 shares of the firm’s stock in a transaction that occurred on Tuesday, December 23rd. The stock was purchased at an average cost of $77.94 per share, for a total transaction of $389,700.00. Following the completion of the acquisition, the director owned 67,517 shares of the company’s stock, valued at approximately $5,262,274.98. This trade represents a 8.00% increase in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 48.00% of the company’s stock.

Analyst Upgrades and Downgrades

HHH has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Howard Hughes in a research note on Monday, December 29th. Wall Street Zen upgraded Howard Hughes from a “sell” rating to a “hold” rating in a research note on Saturday, November 15th. Two research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Howard Hughes currently has a consensus rating of “Hold” and a consensus target price of $83.33.

Howard Hughes Price Performance

NYSE HHH opened at $69.46 on Monday. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 1.73. The stock has a market capitalization of $4.14 billion, a PE ratio of 32.92 and a beta of 1.25. The company has a 50 day moving average price of $79.57 and a two-hundred day moving average price of $80.95. Howard Hughes Holdings Inc. has a 12-month low of $61.40 and a 12-month high of $91.07.

Howard Hughes (NYSE:HHH) last posted its earnings results on Thursday, February 19th. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $0.31 by $1.26. The company had revenue of $624.45 million during the quarter. Howard Hughes had a net margin of 8.40% and a return on equity of 5.54%. The business’s revenue was down 36.5% on a year-over-year basis. During the same period in the prior year, the firm earned $3.25 earnings per share. As a group, equities analysts predict that Howard Hughes Holdings Inc. will post 3.7 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. 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.