Atria Wealth Solutions Inc. Sells 801 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Atria Wealth Solutions Inc. cut its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 1.3% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 61,894 shares of the company’s stock after selling 801 shares during the period. Atria Wealth Solutions Inc.’s holdings in Howard Hughes were worth $4,012,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in HHH. Fidelis Capital Partners LLC purchased a new position in Howard Hughes during the 1st quarter valued at $26,000. International Assets Investment Management LLC purchased a new position in shares of Howard Hughes during the fourth quarter valued at about $44,000. Fifth Third Bancorp bought a new position in Howard Hughes in the first quarter worth about $38,000. SPX Gestao de Recursos Ltda bought a new position in Howard Hughes in the fourth quarter worth about $70,000. Finally, Principal Securities Inc. purchased a new stake in Howard Hughes in the fourth quarter worth about $114,000. Institutional investors own 93.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reduced their target price on Howard Hughes from $89.00 to $80.00 and set a “buy” rating on the stock in a report on Tuesday, June 4th.

Howard Hughes Stock Up 1.3 %

Shares of NYSE HHH traded up $0.92 on Wednesday, reaching $73.11. 303,739 shares of the company’s stock traded hands, compared to its average volume of 317,789. Howard Hughes Holdings Inc. has a 12 month low of $59.00 and a 12 month high of $86.72. The company has a market cap of $3.67 billion, a price-to-earnings ratio of -6.18 and a beta of 1.45. The business’s 50 day simple moving average is $68.16 and its two-hundred day simple moving average is $69.28. The company has a quick ratio of 1.44, a current ratio of 1.44 and a debt-to-equity ratio of 1.79.

Howard Hughes (NYSE:HHH) last announced its quarterly earnings data on Friday, July 26th. The company reported $0.42 EPS for the quarter, beating the consensus estimate of $0.28 by $0.14. The company had revenue of $317.40 million for the quarter, compared to the consensus estimate of $239.73 million. Howard Hughes had a negative net margin of 49.52% and a negative return on equity of 0.33%. Howard Hughes’s revenue for the quarter was up 42.1% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.39) EPS. As a group, equities research analysts forecast that Howard Hughes Holdings Inc. will post 3.04 EPS for the current fiscal year.

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.