Northern Right Capital Management L.P. Has $12.58 Million Position in Howard Hughes Holdings Inc. (NYSE:HHH)

Northern Right Capital Management L.P. decreased its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH - Free Report) by 28.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 163,564 shares of the company's stock after selling 65,000 shares during the quarter. Howard Hughes comprises approximately 4.6% of Northern Right Capital Management L.P.'s investment portfolio, making the stock its 9th biggest holding. Northern Right Capital Management L.P. owned about 0.33% of Howard Hughes worth $12,581,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of HHH. Jones Financial Companies Lllp bought a new stake in shares of Howard Hughes in the fourth quarter valued at about $40,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Howard Hughes in the 3rd quarter valued at approximately $46,000. Sugar Maple Asset Management LLC bought a new position in shares of Howard Hughes in the fourth quarter valued at $47,000. Huntington National Bank lifted its stake in Howard Hughes by 335.5% in the fourth quarter. Huntington National Bank now owns 932 shares of the company's stock valued at $72,000 after acquiring an additional 718 shares during the last quarter. Finally, KBC Group NV raised its holdings in shares of Howard Hughes by 40.1% in the 4th quarter. KBC Group NV now owns 1,572 shares of the company's stock valued at $121,000 after purchasing an additional 450 shares during the period. Institutional investors and hedge funds own 93.83% of the company's stock.

Howard Hughes Stock Performance

Shares of Howard Hughes stock traded up $0.47 on Thursday, hitting $67.00. The stock had a trading volume of 41,211 shares, compared to its average volume of 311,665. The business's 50 day moving average is $71.34 and its two-hundred day moving average is $76.03. The stock has a market cap of $3.38 billion, a price-to-earnings ratio of 44.35 and a beta of 1.14. Howard Hughes Holdings Inc. has a twelve month low of $59.83 and a twelve month high of $87.77. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 1.98.

Howard Hughes (NYSE:HHH - Get Free Report) last released its quarterly earnings results on Wednesday, February 26th. The company reported $3.25 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $949.18 million. Analysts forecast that Howard Hughes Holdings Inc. will post 3.7 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. cut their price objective on Howard Hughes from $84.00 to $82.00 and set an "overweight" rating for the company in a research report on Tuesday.

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.