Pinnacle Financial Partners Inc Sells 2,668 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Pinnacle Financial Partners Inc trimmed its position in Howard Hughes Holdings Inc. (NYSE:HHH) by 9.0% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 26,964 shares of the company’s stock after selling 2,668 shares during the period. Pinnacle Financial Partners Inc owned 0.05% of Howard Hughes worth $2,088,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the business. Headlands Technologies LLC boosted its stake in shares of Howard Hughes by 897.0% in the second quarter. Headlands Technologies LLC now owns 1,336 shares of the company’s stock worth $87,000 after acquiring an additional 1,202 shares during the last quarter. US Bancorp DE grew its stake in shares of Howard Hughes by 16.2% in the third quarter. US Bancorp DE now owns 1,364 shares of the company’s stock valued at $106,000 after buying an additional 190 shares in the last quarter. CWM LLC increased its stake in Howard Hughes by 912.7% during the third quarter. CWM LLC now owns 1,671 shares of the company’s stock worth $129,000 after purchasing an additional 1,506 shares during the period. Innealta Capital LLC acquired a new stake in Howard Hughes during the 2nd quarter worth approximately $116,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new stake in shares of Howard Hughes in the third quarter valued at $167,000. 93.83% of the stock is currently owned by institutional investors and hedge funds.

Howard Hughes Stock Performance

Shares of HHH stock opened at $82.13 on Thursday. 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 $4.12 billion, a P/E ratio of 54.39 and a beta of 1.46. The company has a current ratio of 1.08, a quick ratio of 1.08 and a debt-to-equity ratio of 1.98. The firm has a fifty day moving average price of $76.94 and a 200 day moving average price of $71.33.

Howard Hughes (NYSE:HHH) last posted its quarterly earnings data on Monday, November 4th. The company reported $1.95 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $1.76. Howard Hughes had a net margin of 6.57% and a return on equity of 3.38%. The company had revenue of $327.15 million for the quarter, compared to analyst estimates of $261.00 million. During the same period in the previous year, the business posted ($0.26) earnings per share. Howard Hughes’s quarterly revenue was up 43.2% on a year-over-year basis. Sell-side analysts predict that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current fiscal 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.