Howard Hughes Holdings Inc. (NYSE:HHH) Shares Sold by Norman Fields Gottscho Capital Management LLC

Norman Fields Gottscho Capital Management LLC reduced its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,510 shares of the company’s stock after selling 1,710 shares during the period. Norman Fields Gottscho Capital Management LLC’s holdings in Howard Hughes were worth $732,000 as of its most recent SEC filing.

Several other institutional investors also recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Howard Hughes during the third quarter valued at about $46,000. Truvestments Capital LLC acquired a new stake in Howard Hughes during the third quarter valued at approximately $83,000. Headlands Technologies LLC boosted its holdings in Howard Hughes by 897.0% during the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after buying an additional 1,202 shares in the last quarter. KBC Group NV grew its position in Howard Hughes by 34.4% in the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after buying an additional 287 shares during the last quarter. Finally, US Bancorp DE increased its stake in Howard Hughes by 16.2% in the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after purchasing an additional 190 shares in the last quarter. 93.83% of the stock is owned by institutional investors.

Howard Hughes Stock Performance

Shares of HHH stock opened at $75.37 on Tuesday. 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 firm has a market cap of $3.78 billion, a P/E ratio of 49.91 and a beta of 1.48. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.77. The stock’s 50-day moving average is $80.68 and its two-hundred day moving average is $75.23.

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