Geode Capital Management LLC Decreases Stock Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Geode Capital Management LLC cut its stake in Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 0.8% in the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 544,250 shares of the company's stock after selling 4,567 shares during the period. Geode Capital Management LLC owned about 1.09% of Howard Hughes worth $41,875,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Alliancebernstein L.P. boosted its holdings in shares of Howard Hughes by 58.9% in the 4th quarter. Alliancebernstein L.P. now owns 18,343 shares of the company's stock worth $1,411,000 after purchasing an additional 6,796 shares in the last quarter. O Shaughnessy Asset Management LLC lifted its position in Howard Hughes by 12.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 3,001 shares of the company's stock worth $231,000 after buying an additional 329 shares during the last quarter. Norges Bank purchased a new stake in Howard Hughes in the fourth quarter worth approximately $29,287,000. EntryPoint Capital LLC purchased a new position in shares of Howard Hughes during the fourth quarter worth approximately $585,000. Finally, LPL Financial LLC lifted its holdings in shares of Howard Hughes by 155.6% in the 4th quarter. LPL Financial LLC now owns 49,600 shares of the company's stock worth $3,815,000 after acquiring an additional 30,191 shares during the last quarter. Institutional investors own 93.83% of the company's stock.

Howard Hughes Trading Up 1.0 %

Shares of HHH stock traded up $0.64 on Friday, hitting $66.25. 204,876 shares of the company's stock traded hands, compared to its average volume of 317,331. The company has a debt-to-equity ratio of 1.98, a quick ratio of 1.08 and a current ratio of 1.08. The stock has a market capitalization of $3.34 billion, a price-to-earnings ratio of 43.88 and a beta of 1.14. The company's fifty day simple moving average is $72.55 and its 200 day simple moving average is $76.47. Howard Hughes Holdings Inc. has a one year low of $59.83 and a one year high of $87.77.

Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, topping the consensus estimate of $2.85 by $0.40. The firm had revenue of $983.59 million for the quarter, compared to the consensus estimate of $949.18 million. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. Equities analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Howard Hughes Company 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.