Sequoia Financial Advisors LLC Buys Shares of 33,822 Howard Hughes Holdings Inc. (NYSE:HHH)

Sequoia Financial Advisors LLC purchased a new position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 33,822 shares of the company's stock, valued at approximately $2,619,000. Sequoia Financial Advisors LLC owned approximately 0.07% of Howard Hughes as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Fidelis Capital Partners LLC acquired a new stake in shares of Howard Hughes in the 1st quarter valued at about $26,000. Headlands Technologies LLC raised its stake in Howard Hughes by 897.0% during the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company's stock valued at $87,000 after buying an additional 1,202 shares in the last quarter. Innealta Capital LLC bought a new position in Howard Hughes during the 2nd quarter worth approximately $116,000. CWM LLC grew its position in shares of Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company's stock worth $129,000 after acquiring an additional 1,506 shares in the last quarter. Finally, Quent Capital LLC raised its position in shares of Howard Hughes by 1,385.9% during the 1st quarter. Quent Capital LLC now owns 2,006 shares of the company's stock valued at $146,000 after acquiring an additional 1,871 shares in the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Stock Performance

Howard Hughes stock traded down $0.70 during mid-day trading on Thursday, reaching $76.22. The company's stock had a trading volume of 153,535 shares, compared to its average volume of 288,915. The company has a current ratio of 1.35, a quick ratio of 1.35 and a debt-to-equity ratio of 1.82. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $86.72. The business has a 50 day moving average price of $75.36 and a 200-day moving average price of $69.68. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of -6.56 and a beta of 1.45.

Howard Hughes (NYSE:HHH - Get Free Report) last announced its quarterly earnings data on Friday, July 26th. The company reported $0.42 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.14. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. The business had revenue of $317.40 million during the quarter, compared to the consensus estimate of $239.73 million. During the same quarter in the prior year, the firm earned ($0.39) EPS. The company's revenue for the quarter was up 42.1% compared to the same quarter last year. Sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS 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.