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

SeaBridge Investment Advisors LLC lowered its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 3.6% in the 4th quarter, HoldingsChannel reports. The firm 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 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Wilmington Savings Fund Society FSB acquired a new stake in shares of Howard Hughes during the 3rd quarter worth approximately $46,000. Sugar Maple Asset Management LLC acquired a new stake in Howard Hughes in the fourth quarter worth $47,000. Truvestments Capital LLC bought a new stake in Howard Hughes in the third quarter valued at $83,000. KBC Group NV raised its holdings in shares of Howard Hughes by 34.4% during the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after purchasing an additional 287 shares during the period. Finally, US Bancorp DE boosted its position in shares of Howard Hughes by 16.2% during the 3rd quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after purchasing an additional 190 shares in the last quarter. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Stock Performance

Shares of HHH opened at $76.46 on Friday. The stock has a 50-day moving average of $79.03 and a 200-day moving average of $76.44. Howard Hughes Holdings Inc. has a one year low of $59.00 and a one year high of $87.77. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. The company has a market cap of $3.83 billion, a PE ratio of 50.63 and a beta of 1.48.

Howard Hughes (NYSE:HHH) last released its quarterly earnings data 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 quarter in the previous year, the company posted ($0.26) earnings per share. The company’s quarterly revenue was up 43.2% on a year-over-year basis. On average, equities research analysts predict that Howard Hughes Holdings Inc. will post 3.28 EPS for the current fiscal 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.