Howard Hughes Holdings Inc. (NYSE:HHH) Shares Sold by Barclays PLC

Barclays PLC cut its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 66.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,634 shares of the company’s stock after selling 18,712 shares during the period. Barclays PLC’s holdings in Howard Hughes were worth $745,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Truvestments Capital LLC acquired a new stake in Howard Hughes in the third quarter worth $83,000. KBC Group NV increased its holdings in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after purchasing an additional 287 shares during the period. US Bancorp DE increased 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 valued at $106,000 after purchasing an additional 190 shares during the period. CWM LLC increased its holdings 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 during the period. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Howard Hughes during the third quarter valued at $167,000. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Price Performance

Shares of HHH opened at $77.69 on Thursday. The firm has a market capitalization of $3.90 billion, a price-to-earnings ratio of 51.45 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The stock’s fifty day moving average is $80.38 and its 200-day moving average is $75.68.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $1.76. The company had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The company’s quarterly revenue was up 43.2% compared to the same quarter last year. During the same period last year, the company earned ($0.26) earnings per share. Equities analysts anticipate that Howard Hughes Holdings Inc. will post 3.28 EPS 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.