Howard Hughes Holdings Inc. (NYSE:HHH) Shares Sold by Ancora Advisors LLC

Ancora Advisors LLC lowered its position in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 18.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 176,120 shares of the company's stock after selling 39,600 shares during the quarter. Ancora Advisors LLC owned approximately 0.35% of Howard Hughes worth $13,547,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of HHH. Dimensional Fund Advisors LP lifted its stake in Howard Hughes by 1.0% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,485,447 shares of the company's stock worth $191,180,000 after purchasing an additional 24,360 shares during the last quarter. Donald Smith & CO. Inc. boosted its position in shares of Howard Hughes by 0.6% in the 4th quarter. Donald Smith & CO. Inc. now owns 1,661,280 shares of the company's stock valued at $127,786,000 after purchasing an additional 9,093 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Howard Hughes by 48.2% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 828,317 shares of the company's stock valued at $63,715,000 after buying an additional 269,402 shares in the last quarter. Dendur Capital LP boosted its position in shares of Howard Hughes by 22.7% during the 4th quarter. Dendur Capital LP now owns 813,200 shares of the company's stock valued at $62,551,000 after acquiring an additional 150,200 shares in the last quarter. Finally, American Century Companies Inc. raised its position in shares of Howard Hughes by 50.3% during the fourth quarter. American Century Companies Inc. now owns 624,769 shares of the company's stock worth $48,057,000 after acquiring an additional 209,217 shares during the last quarter. 93.83% of the stock is owned by institutional investors and hedge funds.

Howard Hughes Trading Up 1.7 %

Shares of HHH traded up $1.20 during midday trading on Thursday, hitting $69.90. The stock had a trading volume of 846,797 shares, compared to its average volume of 327,248. 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 fifty-two week low of $59.83 and a fifty-two week high of $87.77. The business has a 50-day simple moving average of $70.42 and a two-hundred day simple moving average of $75.65. The firm has a market cap of $3.52 billion, a P/E ratio of 46.29 and a beta of 1.21.

Howard Hughes (NYSE:HHH - Get Free Report) last posted its quarterly earnings results on Wednesday, May 7th. The company reported $0.21 EPS for the quarter, topping analysts' consensus estimates of $0.13 by $0.08. The business had revenue of $199.33 million during the quarter, compared to analysts' expectations of $187.43 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business's revenue was up 27.3% compared to the same quarter last year. As a group, equities analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Wall Street Analysts Forecast Growth

HHH has been the topic of a number of research reports. JPMorgan Chase & Co. reduced their price objective on Howard Hughes from $84.00 to $82.00 and set an "overweight" rating on the stock in a research report on Tuesday, April 29th. BMO Capital Markets dropped their price target on shares of Howard Hughes from $85.00 to $80.00 and set an "outperform" rating on the stock in a research note on Wednesday.

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.