Howard Hughes Holdings Inc. (NYSE:HHH) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC decreased its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 9.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 576,263 shares of the company’s stock after selling 57,369 shares during the period. Brandywine Global Investment Management LLC owned approximately 1.15% of Howard Hughes worth $44,326,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Pin Oak Investment Advisors Inc. increased its holdings in shares of Howard Hughes by 0.3% during the fourth quarter. Pin Oak Investment Advisors Inc. now owns 53,135 shares of the company’s stock valued at $4,114,000 after purchasing an additional 144 shares during the period. Point72 DIFC Ltd grew its position in Howard Hughes by 2.0% in the 3rd quarter. Point72 DIFC Ltd now owns 7,543 shares of the company’s stock valued at $584,000 after buying an additional 147 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Howard Hughes by 6.7% during the 4th quarter. Janney Montgomery Scott LLC now owns 3,963 shares of the company’s stock valued at $305,000 after buying an additional 250 shares during the period. Carmel Capital Partners LLC raised its position in shares of Howard Hughes by 6.3% during the 4th quarter. Carmel Capital Partners LLC now owns 6,103 shares of the company’s stock worth $469,000 after buying an additional 364 shares in the last quarter. Finally, Swiss National Bank lifted its stake in shares of Howard Hughes by 0.6% in the 4th quarter. Swiss National Bank now owns 64,200 shares of the company’s stock worth $4,938,000 after acquiring an additional 400 shares during the period. Institutional investors own 93.83% of the company’s stock.

Howard Hughes Price Performance

NYSE HHH opened at $74.41 on Friday. The firm has a market capitalization of $3.75 billion, a PE ratio of 49.28 and a beta of 1.48. The company has a debt-to-equity ratio of 1.98, a current ratio of 1.08 and a quick ratio of 1.08. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $87.77. The company’s 50 day simple moving average is $75.46 and its 200 day simple moving average is $77.52.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings data on Wednesday, February 26th. The company reported $3.25 earnings per share for the quarter, beating the consensus estimate of $2.85 by $0.40. Howard Hughes had a return on equity of 3.38% and a net margin of 6.57%. The business had revenue of $983.59 million during the quarter, compared to analyst estimates of $949.18 million. As a group, equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.7 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.