Proficio Capital Partners LLC lowered its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 32.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 14,540 shares of the company's stock after selling 6,881 shares during the period. Proficio Capital Partners LLC's holdings in Howard Hughes were worth $1,126,000 as of its most recent SEC filing.
Several other large investors also recently made changes to their positions in the stock. Carmel Capital Partners LLC grew its position 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 during the last quarter. River Road Asset Management LLC grew its holdings in Howard Hughes by 66.0% in the 3rd quarter. River Road Asset Management LLC now owns 93,052 shares of the company's stock valued at $7,205,000 after buying an additional 37,008 shares during the last quarter. Impax Asset Management Group plc bought a new position in Howard Hughes in the 3rd quarter worth approximately $7,743,000. US Bancorp DE lifted its holdings in shares of Howard Hughes by 16.2% during the third quarter. US Bancorp DE now owns 1,364 shares of the company's stock worth $106,000 after buying an additional 190 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of Howard Hughes in the third quarter valued at approximately $167,000. Institutional investors own 93.83% of the company's stock.
Howard Hughes Stock Performance
HHH stock traded up $0.63 on Friday, reaching $84.45. 319,549 shares of the company were exchanged, compared to its average volume of 220,829. The stock's fifty day moving average price is $76.44 and its 200 day moving average price is $70.94. The firm has a market capitalization of $4.23 billion, a PE ratio of 55.93 and a beta of 1.46. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.35 and a quick ratio of 1.35. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $86.72.
Howard Hughes (NYSE:HHH - Get Free Report) last announced its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS for the quarter, topping analysts' consensus estimates of $0.19 by $1.76. Howard Hughes had a return on equity of 3.28% and a net margin of 6.57%. The company 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. The company's quarterly revenue was up 43.2% on a year-over-year basis. On average, research analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal year.
Howard Hughes Company Profile
(
Free Report)
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.
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