Atria Wealth Solutions Inc. Sells 657 Shares of Howard Hughes Holdings Inc. (NYSE:HHH)

Atria Wealth Solutions Inc. reduced its stake in shares of Howard Hughes Holdings Inc. (NYSE:HHH) by 1.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 63,361 shares of the company’s stock after selling 657 shares during the period. Atria Wealth Solutions Inc. owned 0.13% of Howard Hughes worth $5,421,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of HHH. International Assets Investment Management LLC bought a new position in shares of Howard Hughes in the fourth quarter worth about $44,000. Baker Avenue Asset Management LP bought a new position in shares of Howard Hughes in the third quarter worth about $45,000. Citigroup Inc. bought a new position in shares of Howard Hughes in the third quarter worth about $48,000. Baystate Wealth Management LLC bought a new position in shares of Howard Hughes in the fourth quarter worth about $68,000. Finally, Nisa Investment Advisors LLC bought a new position in shares of Howard Hughes in the third quarter worth about $73,000. 93.83% of the stock is currently owned by institutional investors.

Howard Hughes Trading Up 1.0 %

Shares of HHH opened at $64.37 on Friday. Howard Hughes Holdings Inc. has a 12-month low of $59.00 and a 12-month high of $86.72. The company has a quick ratio of 1.60, a current ratio of 1.60 and a debt-to-equity ratio of 1.73. The firm has a market capitalization of $3.23 billion, a price-to-earnings ratio of -5.78 and a beta of 1.48. The stock’s 50-day moving average price is $70.59 and its 200 day moving average price is $74.54.

Howard Hughes (NYSE:HHH) last issued its quarterly earnings results on Tuesday, February 27th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.44 by $0.25. Howard Hughes had a negative return on equity of 0.62% and a negative net margin of 53.88%. The firm had revenue of $335.84 million for the quarter, compared to analyst estimates of $318.32 million. As a group, research analysts predict that Howard Hughes Holdings Inc. will post 2.69 earnings per share for the current year.

Analyst Upgrades and Downgrades

Separately, JPMorgan Chase & Co. dropped their price objective on Howard Hughes from $90.00 to $84.00 and set an “overweight” rating on the stock in a research note on Tuesday, April 16th.

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 that occurred on Friday, March 15th. The stock was sold at an average price of $72.95, for a total transaction of $140,501.70. Following 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 document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 33.00% of the company’s stock.

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.