Pertento Partners LLP Sells 16,733 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Pertento Partners LLP reduced its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 9.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 159,151 shares of the company's stock after selling 16,733 shares during the quarter. Howard Hughes comprises 1.0% of Pertento Partners LLP's holdings, making the stock its 21st largest position. Pertento Partners LLP owned 0.32% of Howard Hughes worth $12,242,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of HHH. Jones Financial Companies Lllp bought a new position in shares of Howard Hughes during the fourth quarter worth approximately $40,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Howard Hughes in the third quarter valued at about $46,000. Sugar Maple Asset Management LLC acquired a new position in shares of Howard Hughes during the 4th quarter worth approximately $47,000. KBC Group NV increased its holdings in shares of Howard Hughes by 40.1% during the fourth quarter. KBC Group NV now owns 1,572 shares of the company's stock worth $121,000 after purchasing an additional 450 shares during the period. Finally, US Bancorp DE raised its position in shares of Howard Hughes by 30.7% in the fourth quarter. US Bancorp DE now owns 1,783 shares of the company's stock valued at $137,000 after buying an additional 419 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Howard Hughes Price Performance

Howard Hughes stock traded down $0.24 during mid-day trading on Monday, reaching $74.14. 277,877 shares of the company were exchanged, compared to its average volume of 332,200. The company has a fifty day simple moving average of $75.46 and a 200-day simple moving average of $77.55. The firm has a market cap of $3.74 billion, a PE ratio of 49.10 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77.

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Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating analysts' consensus estimates of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. As a group, equities research analysts expect that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current fiscal year.

About Howard Hughes

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.