Sei Investments Co. Sells 10,919 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Sei Investments Co. lowered its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 31.8% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,457 shares of the company's stock after selling 10,919 shares during the period. Sei Investments Co.'s holdings in Howard Hughes were worth $1,805,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Egerton Capital UK LLP acquired a new stake in shares of Howard Hughes in the 4th quarter valued at $34,150,000. JPMorgan Chase & Co. boosted its holdings in Howard Hughes by 225.6% in the third quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company's stock valued at $37,716,000 after acquiring an additional 337,514 shares during the last quarter. River Road Asset Management LLC increased its position in Howard Hughes by 235.9% in the fourth quarter. River Road Asset Management LLC now owns 312,566 shares of the company's stock worth $24,043,000 after purchasing an additional 219,514 shares during the period. American Century Companies Inc. raised its holdings in Howard Hughes by 50.3% during the 4th quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock worth $48,057,000 after purchasing an additional 209,217 shares during the last quarter. Finally, Rule One Partners LLC acquired a new position in Howard Hughes during the 3rd quarter valued at about $12,544,000. Institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Down 4.1 %

Shares of NYSE HHH traded down $2.79 during mid-day trading on Thursday, hitting $64.68. The company's stock had a trading volume of 339,652 shares, compared to its average volume of 325,799. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The stock has a market cap of $3.26 billion, a price-to-earnings ratio of 42.84 and a beta of 1.14. The company's fifty day simple moving average is $73.79 and its 200-day simple moving average is $76.94. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77.

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Howard Hughes (NYSE:HHH - Get Free Report) last released 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. The firm had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. On average, sell-side analysts anticipate that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal 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.