Howard Hughes Holdings Inc. (NYSE:HHH) Stake Cut by Barclays PLC

Barclays PLC cut its holdings in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 66.0% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 9,634 shares of the company's stock after selling 18,712 shares during the period. Barclays PLC's holdings in Howard Hughes were worth $745,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in HHH. Bridges Investment Management Inc. acquired a new position in Howard Hughes during the second quarter worth approximately $428,000. PEAK6 Investments LLC grew its position in Howard Hughes by 201.8% during 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 during the period. XTX Topco Ltd lifted its stake in shares of Howard Hughes by 225.1% in the 2nd quarter. XTX Topco Ltd now owns 10,529 shares of the company's stock valued at $682,000 after purchasing an additional 7,290 shares in the last quarter. Victory Capital Management Inc. grew its holdings in shares of Howard Hughes by 50.0% during the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company's stock worth $20,236,000 after purchasing an additional 103,995 shares during the period. Finally, Bank of New York Mellon Corp grew its stake in Howard Hughes by 7.5% during the second quarter. Bank of New York Mellon Corp now owns 109,407 shares of the company's stock worth $7,092,000 after buying an additional 7,602 shares during the period. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Up 0.4 %

Shares of Howard Hughes stock traded up $0.28 during trading hours on Wednesday, hitting $76.92. The company's stock had a trading volume of 156,617 shares, compared to its average volume of 203,091. 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 company has a market capitalization of $3.86 billion, a PE ratio of 50.94 and a beta of 1.48. The business has a fifty day moving average of $80.67 and a 200 day moving average of $74.95. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating 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 company had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. During the same period last year, the company posted ($0.26) earnings per share. The firm's revenue was up 43.2% compared to the same quarter last year. As a group, equities analysts forecast that Howard Hughes Holdings Inc. will post 3.28 EPS 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.