Horizon Kinetics Asset Management LLC Lowers Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Horizon Kinetics Asset Management LLC trimmed its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 7.5% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 458,597 shares of the company's stock after selling 37,214 shares during the period. Howard Hughes makes up about 0.4% of Horizon Kinetics Asset Management LLC's portfolio, making the stock its 22nd biggest position. Horizon Kinetics Asset Management LLC owned about 0.91% of Howard Hughes worth $35,275,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Jones Financial Companies Lllp bought a new position in Howard Hughes during the 4th quarter valued at about $40,000. Wilmington Savings Fund Society FSB bought a new position in shares of Howard Hughes during the third quarter valued at approximately $46,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Howard Hughes in the fourth quarter worth approximately $47,000. Truvestments Capital LLC bought a new stake in shares of Howard Hughes during the 3rd quarter worth approximately $83,000. Finally, KBC Group NV boosted its holdings in Howard Hughes by 34.4% during the 3rd 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. Hedge funds and other institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Down 1.0 %

Howard Hughes stock traded down $0.74 during mid-day trading on Friday, hitting $74.90. The company's stock had a trading volume of 362,956 shares, compared to its average volume of 329,883. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The stock has a market cap of $3.78 billion, a PE ratio of 49.60 and a beta of 1.48. The company has a 50 day moving average of $75.62 and a 200-day moving average of $77.41. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08.

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Howard Hughes (NYSE:HHH - Get Free Report) last issued its earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping analysts' consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business had revenue of $983.59 million for the quarter, compared to the consensus estimate of $949.18 million. On average, research analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 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.