Ingalls & Snyder LLC Sells 1,396 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Ingalls & Snyder LLC trimmed its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 1.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 118,846 shares of the company’s stock after selling 1,396 shares during the period. Ingalls & Snyder LLC owned approximately 0.24% of Howard Hughes worth $9,202,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Intrepid Capital Management Inc. lifted its holdings in shares of Howard Hughes by 10.4% in the third quarter. Intrepid Capital Management Inc. now owns 32,635 shares of the company’s stock valued at $2,527,000 after purchasing an additional 3,073 shares in the last quarter. Jacobs Levy Equity Management Inc. increased its position in shares of Howard Hughes by 22.2% in the third quarter. Jacobs Levy Equity Management Inc. now owns 456,083 shares of the company’s stock valued at $35,315,000 after acquiring an additional 82,746 shares during the last quarter. Harbor Advisors LLC acquired a new stake in shares of Howard Hughes in the third quarter valued at about $202,000. Holocene Advisors LP acquired a new stake in shares of Howard Hughes in the third quarter valued at about $1,273,000. Finally, Point72 Asia Singapore Pte. Ltd. increased its position in shares of Howard Hughes by 421.8% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 2,150 shares of the company’s stock valued at $166,000 after acquiring an additional 1,738 shares during the last quarter. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Up 0.1 %

Shares of NYSE:HHH traded up $0.08 during midday trading on Tuesday, reaching $85.74. The company had a trading volume of 6,386 shares, compared to its average volume of 281,706. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98. The business’s 50 day moving average price is $79.18 and its 200 day moving average price is $72.89. The stock has a market cap of $4.30 billion, a PE ratio of 56.75 and a beta of 1.48. Howard Hughes Holdings Inc. has a 1-year low of $59.00 and a 1-year high of $87.77.

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