Quest Partners LLC Sells 11,647 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Quest Partners LLC decreased its holdings in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 48.3% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,472 shares of the company's stock after selling 11,647 shares during the period. Quest Partners LLC's holdings in Howard Hughes were worth $966,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of HHH. Donald Smith & CO. Inc. lifted its position in Howard Hughes by 27.5% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company's stock worth $107,086,000 after acquiring an additional 356,025 shares during the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Howard Hughes by 81.3% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 337,440 shares of the company's stock worth $24,505,000 after purchasing an additional 151,341 shares in the last quarter. Victory Capital Management Inc. increased its position in shares of Howard Hughes by 50.0% during the second quarter. Victory Capital Management Inc. now owns 312,181 shares of the company's stock valued at $20,236,000 after purchasing an additional 103,995 shares during the period. Impax Asset Management Group plc acquired a new position in shares of Howard Hughes in the 3rd quarter valued at $7,743,000. Finally, Empyrean Capital Partners LP acquired a new position in shares of Howard Hughes in the 2nd quarter worth approximately $4,862,000. 93.83% of the stock is currently owned by hedge funds and other institutional investors.

Howard Hughes Price Performance

Shares of HHH traded up $2.53 during trading hours on Thursday, hitting $82.27. The stock had a trading volume of 67,010 shares, compared to its average volume of 284,287. The stock has a market capitalization of $4.12 billion, a price-to-earnings ratio of 52.81 and a beta of 1.46. 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 company's fifty day moving average is $77.50 and its two-hundred day moving average is $71.75. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $86.72.

Howard Hughes (NYSE:HHH - Get Free Report) last announced its earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, topping the consensus estimate of $0.19 by $1.76. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $327.15 million for the quarter, compared to the consensus estimate of $261.00 million. During the same period in the previous year, the business earned ($0.26) EPS. Howard Hughes's revenue was up 43.2% compared to the same quarter last year. On average, analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 EPS for the current 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.