SG Americas Securities LLC Decreases Position in Howard Hughes Holdings Inc. (NYSE:HHH)

SG Americas Securities LLC reduced its stake in Howard Hughes Holdings Inc. (NYSE:HHH) by 55.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 8,642 shares of the company’s stock after selling 10,589 shares during the period. SG Americas Securities LLC’s holdings in Howard Hughes were worth $669,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fidelis Capital Partners LLC purchased a new position in shares of Howard Hughes in the 1st quarter valued at $26,000. Headlands Technologies LLC increased its position in shares of 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 purchasing an additional 1,202 shares in the last quarter. Innealta Capital LLC acquired a new stake in shares of Howard Hughes during the second quarter worth about $116,000. Quent Capital LLC boosted its position in shares of Howard Hughes by 1,385.9% in the 1st quarter. Quent Capital LLC now owns 2,006 shares of the company’s stock valued at $146,000 after purchasing an additional 1,871 shares during the period. Finally, EntryPoint Capital LLC acquired a new stake in shares of Howard Hughes in the 1st quarter valued at about $194,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Trading Up 1.6 %

HHH opened at $76.92 on Monday. The firm has a market cap of $3.87 billion, a price-to-earnings ratio of -6.56 and a beta of 1.45. Howard Hughes Holdings Inc. has a 52 week low of $59.00 and a 52 week high of $86.72. The business’s 50 day moving average is $73.84 and its two-hundred day moving average is $69.28. The company has a quick ratio of 1.35, a current ratio of 1.35 and a debt-to-equity ratio of 1.82.

Howard Hughes (NYSE:HHH) last released its quarterly earnings results on Friday, July 26th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.28 by $0.14. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. The firm had revenue of $317.40 million during the quarter, compared to the consensus estimate of $239.73 million. During the same quarter in the prior year, the firm earned ($0.39) EPS. Howard Hughes’s revenue for the quarter was up 42.1% on a year-over-year basis. On average, research analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS 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.