Aigen Investment Management LP Sells 8,978 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Aigen Investment Management LP reduced its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 61.6% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,592 shares of the company's stock after selling 8,978 shares during the period. Aigen Investment Management LP's holdings in Howard Hughes were worth $433,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of HHH. Headlands Technologies LLC boosted its stake in shares of Howard Hughes by 897.0% during the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company's stock worth $87,000 after buying an additional 1,202 shares during the last quarter. US Bancorp DE grew its stake in Howard Hughes by 16.2% in the third quarter. US Bancorp DE now owns 1,364 shares of the company's stock valued at $106,000 after purchasing an additional 190 shares in the last quarter. CWM LLC grew its stake in shares of Howard Hughes by 912.7% in the third quarter. CWM LLC now owns 1,671 shares of the company's stock valued at $129,000 after buying an additional 1,506 shares in the last quarter. Innealta Capital LLC bought a new position in shares of Howard Hughes in the 2nd quarter valued at about $116,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Howard Hughes during the 3rd quarter worth about $167,000. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Performance

NYSE:HHH traded down $0.98 during mid-day trading on Friday, hitting $79.88. The stock had a trading volume of 265,699 shares, compared to its average volume of 286,327. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $86.72. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 52.90 and a beta of 1.46. The company's 50 day simple moving average is $77.23 and its 200 day simple moving average is $71.49. 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 - Get Free Report) last posted its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to analysts' expectations of $261.00 million. During the same quarter in the prior year, the business earned ($0.26) EPS. The firm's revenue for the quarter was up 43.2% on a year-over-year basis. On average, equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current 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.