Latest news with #HowardHughesHoldings
Yahoo
6 days ago
- Business
- Yahoo
JPMorgan Downgrades Howard Hughes Holdings Inc. (HHH) from ‘Overweight' to ‘Neutral'; Reduces PT
With a significant presence in Bill Ackman's stock portfolio, Howard Hughes Holdings Inc. (NYSE:HHH) secures a spot on our list of the Bill Ackman Stock Portfolio: Top 10 Stock Picks. An aerial view of a suburban community, with residential homes stretching into the horizon. JPMorgan downgraded Howard Hughes Holdings Inc. (NYSE:HHH) from 'Overweight' to 'Neutral' on August 5, 2025, reducing its price target from $82 to $76. This comes despite the company's strong and stable real estate operations. The analyst attributed the revision to reflect Q1 earnings and the finalized $900 million Pershing Square investment. Accordingly, the analyst reduced 2025 adjusted operating cash flow estimates to $6.18 per share and projected $7.77 for 2026. JPMorgan keeps a cautious stance on Howard Hughes Holdings Inc. (NYSE:HHH) despite its spot and forward net asset value per share at $94.20 and $112.61, respectively, which signal a significant discount. HHH remains attractively priced with a price-to-earnings multiple of 10.64x. Operating through its Operating Assets, MPC, and Strategic Developments segments, Howard Hughes Holdings Inc. (NYSE:HHH) develops master planned communities (MPCs) in the U.S. Bill Ackman has bought 18.85 million shares of Howard Hughes Holdings Inc. (NYSE:HHH) as of Q1 2025. While we acknowledge the potential of HHH as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 12 Cheap Value Stocks to Buy Now According to Warren Buffett and 7 Best Potash Stocks to Buy According to Analysts. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Washington Post
06-08-2025
- Business
- Washington Post
Howard Hughes Holdings: Q2 Earnings Snapshot
THE WOODLANDS, Texas — THE WOODLANDS, Texas — Howard Hughes Holdings Inc. (HHH) on Wednesday reported a loss of $12.1 million in its second quarter. On a per-share basis, the The Woodlands, Texas-based company said it had a loss of 22 cents. Earnings, adjusted for non-recurring costs, were 44 cents per share.
Yahoo
21-07-2025
- Business
- Yahoo
Universal Music Group Files Confidentially for US Listing
(Bloomberg) -- Universal Music Group NV has filed confidentially for a US listing, which would fulfill the terms of a deal with billionaire Bill Ackman's hedge fund Pershing Square. Why the Federal Reserve's Building Renovation Costs $2.5 Billion Milan Corruption Probe Casts Shadow Over Property Boom Salt Lake City Turns Winter Olympic Bid Into Statewide Bond Boom How San Jose's Mayor Is Working to Build an AI Capital The Amsterdam-listed firm submitted documents to the US Securities & Exchange Commission relating to a proposed offering by certain of its shareholders, according to a statement Monday. The world's largest music company won't receive any proceeds from the sale. The filing comes after Universal said in January it would plan the US listing in order to satisfy an agreement with Pershing Square, a statement at the time showed. Ackman resigned from Universal's board in May, citing increasing demands on his time from commitments including his appointment as Executive Chairman of Howard Hughes Holdings Inc. Universal Music, which is the label for artists including Taylor Swift, had in recent months resisted Ackman's push to move its domicile and delist it from Euronext Amsterdam. Pershing Square had urged Universal Music to pursue a US listing, saying it would substantially increase the valuation of the shares. A group of shareholders affiliated with Pershing Square in March raised more than €1.3 billion ($1.5 billion) from the sale of about a 2.7% stake in the Hilversum, Netherlands-headquartered firm, Bloomberg News reported. Elon Musk's Empire Is Creaking Under the Strain of Elon Musk A Rebel Army Is Building a Rare-Earth Empire on China's Border Thailand's Changing Cannabis Rules Leave Farmers in a Tough Spot How Starbucks' CEO Plans to Tame the Rush-Hour Free-for-All What the Tough Job Market for New College Grads Says About the Economy ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
07-07-2025
- Business
- Globe and Mail
Is the Options Market Predicting a Spike in Howard Hughes Holdings Stock?
Investors in Howard Hughes Holdings HHH need to pay close attention to the stock based on moves in the options market lately. That is because the Jul 18, 2025 $120.00 Call had some of the highest implied volatility of all equity options today. What is Implied VOLATILITY ? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy. What do the Analysts Think? Clearly, options traders are pricing in a big move for Howard Hughes Holdings share, but what is the fundamental picture for the company? Currently, Howard Hughes Holdings is a Zacks Rank #1 (Strong Buy) in the Real Estate - Development Industry that ranks in the Top 13% of our Zacks Industry Rank. Over the last 60days, one analyst has increased his estimate for the current quarter, while none have revised their estimate downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 99 cents per share to $1.01 in the same time period. Given the way analysts feel about Howard Hughes Holdings right now, this huge implied volatility could mean there's a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected. Looking to Trade Options? Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk. Click to see the trades now >> Only $1 to See All Zacks' Buys and Sells We're not kidding. Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent. Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators, and more, that closed 256 positions with double- and triple-digit gains in 2024 alone. See Stocks Now >> Howard Hughes Holdings Inc. (HHH): Free Stock Analysis Report
Yahoo
02-06-2025
- Business
- Yahoo
Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia)
Billionaire Bill Ackman will turn Howard Hughes Holdings into a modern-day Berkshire Hathaway in an effort to recreate Warren Buffett's success. Ackman's hedge fund Pershing Square Capital Management recently took a stake in Amazon, an artificial intelligence stock up 855% in the last decade. Amazon has three major growth opportunities in e-commerce, digital advertising, and cloud computing, and the company is using AI to boost revenue and improve margins. 10 stocks we like better than Amazon › In 1965, Warren Buffett took control of Berkshire Hathaway. He said that in hindsight it was a "doomed" textile mill "headed for extinction." But he saved the business, and laid the foundation for lasting growth, by shifting its focus to insurance. That brilliant decision created a steady inflow of investable capital in the form of insurance premiums, and Buffett used that cash to great effect over the years. Berkshire's market value has increased more than 5,500,000% since Buffett took control, for an average annual return of 20% over six decades. Buffett deserves much of the credit. He (along with the late Charlie Munger) engineered acquisitions, stock purchases, and share buybacks that ultimately turned Berkshire into a trillion-dollar business, one of only 11 in the world at this writing. While Buffett plans to step down as chief executive at Berkshire this year, billionaire Bill Ackman hopes to recreate his success with Howard Hughes Holdings. Ackman recently added another 900 million shares to his hedge fund, bringing his total ownership to 46.9%. He plans to turn Howard Hughes into a "modern-day version of Berkshire" by acquiring controlling interests in private and public companies. If Ackman succeeds, he could become the "next Warren Buffett." Here's the artificial intelligence stock he just bought. Bill Ackman ranks among the 20 most successful hedge-fund managers as measured by net gains, according to LCH Investments. And Pershing Square outperformed the S&P 500 (SNPINDEX: ^GSPC) by 24 percentage points over the last five years. Those accomplishments make Ackman an excellent source of inspiration. Importantly, he purchased three stocks during the first quarter: Hertz Global, Uber Technologies, and Brookfield Corporation. Those trades were disclosed in a Form 13F filed last month, but Pershing more recently added Amazon (NASDAQ: AMZN), an artificial intelligence (AI) stock that rocketed 855% over the last decade. Pershing's chief investment officer Ryan Israel said: "We felt that the company would be able to work through any slowdown in the cloud computing division Amazon Web Services, and we did not judge that tariffs would have a material impact on the earnings in the retail business." Interestingly, Ackman has a very concentrated portfolio that included fewer than a dozen stocks as of the first quarter. Chipmaker Nvidia was not one of those stocks. Amazon's market value exceeds $2 trillion today, but it could be much larger in a few years. The company has a strong presence in three growing industries, as detailed below: Not only does Amazon run the largest online marketplace in the U.S., but it also expects to gain market share this year. Domestic retail e-commerce sales are forecast to increase 8% annually through 2028, according to eMarketer. Amazon is the third-largest adtech company in the world and is rapidly taking share from industry leaders Google (part of Alphabet) and Meta Platforms. Retail ad spending is forecast to increase 17% annually in the U.S. through 2028, according to eMarketer. Amazon Web Services (AWS) is the largest public cloud operator, as measured by infrastructure and platform services spending. Cloud computing sales are forecast to grow at 20% annually through 2030, according to Grand View Research. Importantly, retail advertising and cloud services revenues not only are growing faster than online retail sales, but also have higher margins. That will make Amazon more profitable over time. But the company is also developing about 1,000 generative AI applications that will improve productivity and efficiency across its retail business, from front-end tasks like customer service to back-end tasks like coding. AWS is ideally positioned to monetize AI. It already operates the largest public cloud as measured by revenue and customers, but it has also introduced new products at all three layers of the computing stack. That includes custom chips for AI training and inference at the infrastructure layer, AI-model development tools like Bedrock at the platform layer, and AI applications like Amazon Q at the software layer. That three-tiered strategy is paying off. CEO Andy Jassy recently told analysts: "Our AI business has a multibillion-dollar annual revenue run rate," and "continues to grow triple-digit year-over-year percentages." Amazon shares soared 855% over the last decade as the company built strong positions in online retail, digital advertising, and cloud computing. And Wall Street is still predominantly bullish. Among the 71 analysts who follow the company, 96% rate the stock a buy, and the median target price is $235 per share, which implies 14% upside from the current share price of $205. Wall Street expects Amazon's earnings to increase at 10% annually through 2026. That makes the current price-to-earnings (P/E) ratio of 33 look somewhat expensive. But I think analysts are underestimating the company, as they have in the past -- Amazon topped the consensus earnings estimate by an average of 21% during the last six quarters. Long-term investors should feel comfortable buying a small position today. Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Amazon wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,049!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $828,224!* Now, it's worth noting Stock Advisor's total average return is 979% — a market-crushing outperformance compared to 171% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool's board of directors. Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Trevor Jennewine has positions in Amazon and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Berkshire Hathaway, Brookfield, Brookfield Corporation, Howard Hughes, Meta Platforms, Nvidia, and Uber Technologies. The Motley Fool has a disclosure policy. Billionaire Bill Ackman Wants to Be the Next Warren Buffett, and He Is Buying an AI Stock Up 855% in 10 Years (Hint: Not Nvidia) was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
