Howard Hughes Holdings Inc. (NYSE:HHH) Shares Sold by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans decreased its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 28.8% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,202 shares of the company's stock after selling 9,768 shares during the quarter. Thrivent Financial for Lutherans' holdings in Howard Hughes were worth $1,862,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Jones Financial Companies Lllp purchased a new position in Howard Hughes in the fourth quarter valued at about $40,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Howard Hughes during the 3rd quarter valued at about $46,000. Sugar Maple Asset Management LLC purchased a new stake in shares of Howard Hughes during the 4th quarter valued at about $47,000. KBC Group NV lifted its position in Howard Hughes by 40.1% during the 4th quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after acquiring an additional 450 shares in the last quarter. Finally, US Bancorp DE boosted its holdings in Howard Hughes by 30.7% in the 4th quarter. US Bancorp DE now owns 1,783 shares of the company's stock worth $137,000 after acquiring an additional 419 shares during the period. 93.83% of the stock is owned by hedge funds and other institutional investors.

Howard Hughes Stock Up 1.3 %

NYSE:HHH traded up $0.97 during trading hours on Wednesday, hitting $74.85. The stock had a trading volume of 179,980 shares, compared to its average volume of 330,490. The company has a market cap of $3.77 billion, a PE ratio of 49.57 and a beta of 1.48. The business has a 50 day simple moving average of $75.36 and a two-hundred day simple moving average of $77.52. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98.

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Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating 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 during the quarter, compared to analyst estimates of $949.18 million. Analysts predict 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.