SeaBridge Investment Advisors LLC Sells 287 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

SeaBridge Investment Advisors LLC trimmed its holdings in Howard Hughes Holdings Inc. (NYSE:HHH) by 3.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,731 shares of the company’s stock after selling 287 shares during the period. SeaBridge Investment Advisors LLC’s holdings in Howard Hughes were worth $595,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Brighton Jones LLC acquired a new stake in shares of Howard Hughes during the 4th quarter worth approximately $511,000. PEAK6 Investments LLC grew its holdings in shares of Howard Hughes by 201.8% during the 3rd quarter. PEAK6 Investments LLC now owns 17,683 shares of the company’s stock valued at $1,369,000 after purchasing an additional 11,824 shares during the last quarter. JPMorgan Chase & Co. increased its position in Howard Hughes by 225.6% during the 3rd quarter. JPMorgan Chase & Co. now owns 487,092 shares of the company’s stock worth $37,716,000 after purchasing an additional 337,514 shares in the last quarter. Rule One Partners LLC bought a new position in Howard Hughes in the 3rd quarter valued at approximately $12,544,000. Finally, FMR LLC boosted its position in Howard Hughes by 46.9% in the third quarter. FMR LLC now owns 5,985 shares of the company’s stock valued at $463,000 after buying an additional 1,910 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Down 0.6 %

Shares of NYSE:HHH opened at $76.46 on Friday. 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 52-week low of $59.00 and a 52-week high of $87.77. The company has a market capitalization of $3.83 billion, a PE ratio of 50.63 and a beta of 1.48. The company has a fifty day moving average of $79.03 and a 200-day moving average of $76.44.

Howard Hughes (NYSE:HHH) last posted its earnings results on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating 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 the consensus estimate of $261.00 million. During the same period last year, the company earned ($0.26) earnings per share. The business’s quarterly revenue was up 43.2% on a year-over-year basis. On average, equities analysts predict 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.