New South Capital Management Inc. Sells 16,946 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

New South Capital Management Inc. lowered its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 2.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 585,223 shares of the company’s stock after selling 16,946 shares during the period. Howard Hughes makes up approximately 1.9% of New South Capital Management Inc.’s portfolio, making the stock its 21st largest position. New South Capital Management Inc. owned approximately 1.17% of Howard Hughes worth $45,015,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Jones Financial Companies Lllp bought a new stake in shares of Howard Hughes during the fourth quarter valued at approximately $40,000. Wilmington Savings Fund Society FSB bought a new stake in Howard Hughes in the 3rd quarter worth approximately $46,000. Sugar Maple Asset Management LLC bought a new stake in Howard Hughes in the 4th quarter worth approximately $47,000. Truvestments Capital LLC bought a new stake in Howard Hughes in the 3rd quarter worth approximately $83,000. Finally, KBC Group NV grew its position in Howard Hughes by 34.4% in the 3rd quarter. KBC Group NV now owns 1,122 shares of the company’s stock worth $87,000 after purchasing an additional 287 shares during the period. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Trading Up 1.2 %

NYSE:HHH opened at $77.66 on Thursday. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. The company has a market cap of $3.91 billion, a PE ratio of 51.43 and a beta of 1.48. The company has a 50 day simple moving average of $76.00 and a two-hundred day simple moving average of $77.44.

Howard Hughes (NYSE:HHH) last posted its earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping analysts’ consensus estimates of $2.85 by $0.40. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The business had revenue of $983.59 million during the quarter, compared to the consensus estimate of $949.18 million. Research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 earnings per share for the current 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.