New South Capital Management Inc. Sells 7,120 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

New South Capital Management Inc. trimmed its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 1.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 602,169 shares of the company's stock after selling 7,120 shares during the period. Howard Hughes comprises approximately 1.9% of New South Capital Management Inc.'s investment portfolio, making the stock its 22nd biggest position. New South Capital Management Inc. owned approximately 1.20% of Howard Hughes worth $46,626,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Headlands Technologies LLC boosted its stake in shares of Howard Hughes by 897.0% in the 2nd quarter. Headlands Technologies LLC now owns 1,336 shares of the company's stock worth $87,000 after buying an additional 1,202 shares during the last quarter. US Bancorp DE boosted 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 purchasing an additional 190 shares during the period. Innealta Capital LLC bought a new position in Howard Hughes in the second quarter worth about $116,000. CWM LLC increased its stake in shares of Howard Hughes by 912.7% during the third quarter. CWM LLC now owns 1,671 shares of the company's stock valued at $129,000 after purchasing an additional 1,506 shares in the last quarter. Finally, Quent Capital LLC grew its holdings in shares of Howard Hughes by 1,038.6% during the third quarter. Quent Capital LLC now owns 2,152 shares of the company's stock valued at $167,000 after buying an additional 1,963 shares during the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Howard Hughes Price Performance

NYSE HHH traded down $1.09 on Tuesday, reaching $82.46. The company had a trading volume of 171,015 shares, compared to its average volume of 287,220. The company has a quick ratio of 1.35, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The stock has a market capitalization of $4.13 billion, a PE ratio of 55.10 and a beta of 1.46. The firm's 50 day moving average price is $76.60 and its 200 day moving average price is $71.13. 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 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. The business had revenue of $327.15 million for the quarter, compared to the consensus estimate of $261.00 million. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business's revenue for the quarter was up 43.2% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.26) EPS. As a group, equities analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current year.

Howard Hughes Company 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.