Redwood Investment Management LLC Has $2.81 Million Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Redwood Investment Management LLC decreased its position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 20.9% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,153 shares of the company's stock after selling 9,580 shares during the quarter. Redwood Investment Management LLC owned about 0.07% of Howard Hughes worth $2,811,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in HHH. Donald Smith & CO. Inc. grew its stake in shares of Howard Hughes by 27.5% in the 2nd quarter. Donald Smith & CO. Inc. now owns 1,652,046 shares of the company's stock valued at $107,086,000 after buying an additional 356,025 shares in the last quarter. Victory Capital Management Inc. grew its stake in shares of Howard Hughes by 50.0% in the 2nd quarter. Victory Capital Management Inc. now owns 312,181 shares of the company's stock valued at $20,236,000 after buying an additional 103,995 shares in the last quarter. Impax Asset Management Group plc bought a new stake in shares of Howard Hughes in the 3rd quarter valued at approximately $7,743,000. Jacobs Levy Equity Management Inc. lifted its holdings in Howard Hughes by 22.2% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company's stock worth $35,315,000 after purchasing an additional 82,746 shares during the last quarter. Finally, Empyrean Capital Partners LP acquired a new stake in Howard Hughes in the 2nd quarter worth approximately $4,862,000. Institutional investors own 93.83% of the company's stock.

Howard Hughes Stock Performance

HHH traded up $0.06 on Thursday, hitting $85.82. The company had a trading volume of 176,635 shares, compared to its average volume of 281,655. The company's fifty day moving average price is $79.71 and its 200 day moving average price is $73.20. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77. 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 stock has a market cap of $4.30 billion, a price-to-earnings ratio of 56.83 and a beta of 1.48.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its earnings results on Monday, November 4th. The company reported $1.95 earnings per share 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 firm had revenue of $327.15 million during the quarter, compared to analyst estimates of $261.00 million. During the same period in the previous year, the company earned ($0.26) EPS. The company's revenue for the quarter was up 43.2% on a year-over-year basis. Equities analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share 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.