Charles Schwab Investment Management Inc. Sells 4,655 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Charles Schwab Investment Management Inc. lowered its position in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 1.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 276,617 shares of the company’s stock after selling 4,655 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Howard Hughes were worth $21,418,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Headlands Technologies LLC grew its holdings in Howard Hughes by 897.0% during the 2nd 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 period. KBC Group NV lifted its stake in Howard Hughes by 34.4% in the third quarter. KBC Group NV now owns 1,122 shares of the company’s stock valued at $87,000 after buying an additional 287 shares during the period. US Bancorp DE boosted its holdings in Howard Hughes by 16.2% during the third quarter. US Bancorp DE now owns 1,364 shares of the company’s stock worth $106,000 after buying an additional 190 shares during the last quarter. Innealta Capital LLC acquired a new position in shares of Howard Hughes during the 2nd quarter worth about $116,000. Finally, CWM LLC increased its stake in shares of Howard Hughes by 912.7% in the 3rd quarter. CWM LLC now owns 1,671 shares of the company’s stock valued at $129,000 after acquiring an additional 1,506 shares during the last quarter. Institutional investors and hedge funds own 93.83% of the company’s stock.

Howard Hughes Stock Performance

Shares of NYSE:HHH opened at $84.94 on Friday. The firm’s 50 day simple moving average is $79.86 and its 200 day simple moving average is $73.32. Howard Hughes Holdings Inc. has a fifty-two week low of $59.00 and a fifty-two week high of $87.77. The company has a market capitalization of $4.26 billion, a price-to-earnings ratio of 56.25 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 (NYSE:HHH) last announced its quarterly earnings results on Monday, November 4th. The company reported $1.95 earnings per share for the quarter, topping 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 analysts’ expectations of $261.00 million. During the same period last year, the firm posted ($0.26) earnings per share. The business’s quarterly revenue was up 43.2% compared to the same quarter last year. As a group, sell-side analysts forecast that Howard Hughes Holdings Inc. will post 3.28 earnings per share for the current 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.