Atria Wealth Solutions Inc. Has $5.42 Million Holdings in Howard Hughes Holdings Inc. (NYSE:HHH)

Atria Wealth Solutions Inc. lessened its holdings in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 1.0% during the fourth quarter, Holdings Channel.com reports. The firm owned 63,361 shares of the company’s stock after selling 657 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Howard Hughes were worth $5,421,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of HHH. International Assets Investment Management LLC acquired a new position in shares of Howard Hughes during the fourth quarter worth $44,000. Baker Avenue Asset Management LP acquired a new position in shares of Howard Hughes during the third quarter worth $45,000. Citigroup Inc. acquired a new position in shares of Howard Hughes during the third quarter worth $48,000. Baystate Wealth Management LLC acquired a new position in shares of Howard Hughes during the fourth quarter worth $68,000. Finally, Nisa Investment Advisors LLC acquired a new position in shares of Howard Hughes during the third quarter worth $73,000. Institutional investors and hedge funds own 93.83% of the company’s stock.

Insider Buying and Selling at Howard Hughes

In other Howard Hughes news, insider Heath Melton sold 1,926 shares of Howard Hughes stock in a transaction on Friday, March 15th. The shares were sold at an average price of $72.95, for a total value of $140,501.70. Following the completion of the sale, the insider now directly owns 9,274 shares of the company’s stock, valued at $676,538.30. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders own 33.00% of the company’s stock.

Howard Hughes Price Performance

Shares of NYSE HHH opened at $64.37 on Friday. Howard Hughes Holdings Inc. has a twelve month low of $59.00 and a twelve month high of $86.72. The firm has a fifty day simple moving average of $70.59 and a 200 day simple moving average of $74.54. The company has a market capitalization of $3.23 billion, a PE ratio of -5.78 and a beta of 1.48. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.73.

Howard Hughes (NYSE:HHH) last announced its earnings results on Tuesday, February 27th. The company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.44 by $0.25. Howard Hughes had a negative net margin of 53.88% and a negative return on equity of 0.62%. The business had revenue of $335.84 million during the quarter, compared to the consensus estimate of $318.32 million. On average, sell-side analysts forecast that Howard Hughes Holdings Inc. will post 2.69 EPS for the current year.

Wall Street Analysts Forecast Growth

Separately, JPMorgan Chase & Co. lowered their target price on shares of Howard Hughes from $90.00 to $84.00 and set an “overweight” rating for the company in a research note on Tuesday, April 16th.

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.