Latest news with #HowardHughesHoldingsInc
Yahoo
06-05-2025
- Business
- Yahoo
Howard Hughes Holdings Inc. (HHH): Among Billionaire Bill Ackman's Stock Picks with Huge Upside Potential
We recently published a list of Billionaire Bill Ackman's 7 Stock Picks with Huge Upside Potential. In this article, we are going to take a look at where Howard Hughes Holdings Inc. (NYSE:HHH) stands against other billionaire Bill Ackman's stock picks with huge upside potential. Known commonly as Bill Ackman, William Albert Ackman is the founder and Chief Executive Officer of Pershing Square, a hedge fund renowned for its focused investment strategy and high-conviction portfolio. Ackman is known for maintaining a highly concentrated investment approach, often holding stakes in only 8 to 12 companies at any given time. By the end of the fourth quarter of 2024, Pershing Square's portfolio was valued at $12.66 billion and included ten stocks, with over 50% of the fund's capital concentrated in just the top four investments. This exemplifies Ackman's commitment to identifying and capitalizing on undervalued opportunities, favoring companies that he believes are mispriced in relation to their intrinsic, long-term value. Ackman's investment philosophy has largely centered on value-based principles and activist strategies. His ability to identify market inefficiencies and apply pressure for change has yielded significant returns in the past. Pershing Square's portfolio selections typically reflect this strategy, with a strong emphasis on companies with solid fundamentals and potential for operational or financial turnaround. In early 2024, Ackman took a notable step by launching a U.S. closed-end fund named Pershing Square USA, Ltd. However, the initial public offering (IPO) of the fund was abruptly canceled just one day after filing with the Securities and Exchange Commission (SEC). The cancellation followed an unexpected drop in valuation from an intended $25 billion to just $2 billion. Following the cancellation, Ackman posted on the social media platform X that the firm would 'report back once we are ready to launch a revised transaction,' suggesting that Pershing Square USA may still proceed in the future without a traditional stock exchange listing. Ackman's active engagement with both market trends and political developments illustrates his multifaceted approach to investing. As Pershing Square continues to evolve, close attention is being paid to the stocks within its concentrated portfolio, particularly those with the highest upside potential in light of current economic and political tailwinds. Our Methodology For this list, we searched through Pershing Square's Q4 2024 13F filings to identify billionaire Bill Ackman's stock picks with the highest upside potential. We compiled the equities with upside potential higher than 12% at the time of writing this article and analyzed why they stood out as sound potential investments. Finally, we ranked the stocks based on the ascending order of their upside potential. To assist readers with more context, we mentioned the hedge fund sentiment around each stock using data from 1,009 hedge funds tracked by Insider Monkey in the fourth quarter of 2024.
Associated Press
09-04-2025
- Business
- Associated Press
Howard Hughes Holdings Inc. Announces Dates and Times for 2025 First Quarter Earnings Release and Conference Call
THE WOODLANDS, Texas, April 09, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) ('the Company' or 'Howard Hughes') announced today that the Company will release 2025 first quarter earnings on Wednesday, May 7, 2025, after the market closes and will hold its first quarter conference call on Thursday, May 8, 2025, at 10:00 AM Eastern Time. The Company's earnings release will be posted to the Investors section of the Company's website prior to the conference call. Please visit the Howard Hughes website to listen to the earnings call via a live webcast. Listeners who wish to participate in the question and answer session may do so via telephone by pre-registering on HHH's earnings call registration webpage. All registrants will receive dial-in information and a PIN allowing them to access the live call. An on-demand replay of the earnings call will be available on the Company's website immediately following the conclusion of the live call for a period of one year. About Howard Hughes Holdings Inc. Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including: Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit Eric Holcomb, 281-475-2144
Associated Press
07-04-2025
- Business
- Associated Press
Howard Hughes Extends Standstill Agreement with Pershing Square to April 15, 2025
THE WOODLANDS, Texas, April 07, 2025 (GLOBE NEWSWIRE) -- Howard Hughes Holdings Inc. (NYSE: HHH) (the 'Company' or 'HHH') today further extended its previously announced standstill agreement with Pershing Square Capital Management L.P. ('Pershing Square'). The standstill agreement will now remain in effect until April 15, 2025, unless further extended. There can be no assurance that discussions with Pershing Square will result in any particular outcome, and HHH does not intend to comment further on these matters until HHH determines that additional disclosure is appropriate or required by law. Morgan Stanley & Co. LLC is acting as financial advisor to the Special Committee of the Board of Directors, and Hogan Lovells US LLP and Richards, Layton & Finger, P.A. are acting as legal counsel. About Howard Hughes Holdings Inc. Howard Hughes Holdings Inc. owns, manages, and develops commercial, residential, and mixed-use real estate throughout the U.S. Its award-winning assets include the country's preeminent portfolio of master planned communities, as well as operating properties and development opportunities including Downtown Columbia® in Maryland; The Woodlands®, Bridgeland® and The Woodlands Hills® in the Greater Houston, Texas area; Summerlin® in Las Vegas; Ward Village® in Honolulu, Hawaiʻi; and Teravalis™ in the Greater Phoenix, Arizona area. The Howard Hughes portfolio is strategically positioned to meet and accelerate development based on market demand, resulting in one of the strongest real estate platforms in the country. Dedicated to innovative placemaking, the company is recognized for its ongoing commitment to design excellence and to the cultural life of its communities. Howard Hughes Holdings Inc. is traded on the New York Stock Exchange as HHH. For additional information visit Safe Harbor Statement Statements made in this press release that are not historical facts, including statements accompanied by words such as 'will,' 'believe,' 'expect,' 'enables,' 'realize,' 'plan,' 'intend,' 'assume,' 'transform' and other words of similar expression, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on management's expectations, estimates, assumptions, and projections as of the date of this release and are not guarantees of future performance. Actual results may differ materially from those expressed or implied in these statements. Factors that could cause actual results to differ materially are set forth as risk factors in Howard Hughes Holdings Inc.'s filings with the Securities and Exchange Commission, including its Quarterly and Annual Reports. Howard Hughes Holdings Inc. cautions you not to place undue reliance on the forward-looking statements contained in this release. Howard Hughes Holdings Inc. does not undertake any obligation to publicly update or revise any forward-looking statements to reflect future events, information or circumstances that arise after the date of this release. Contacts: Media Relations Andrew Siegel / Lyle Weston Joele Frank 212-355-4449 Investor Relations Eric Holcomb, 281-475-2144
Yahoo
03-04-2025
- Business
- Yahoo
Here's What Led LVS Advisory to Sell its Position in Howard Hughes Corp (HHH)
LVS Advisory, a New York City-based full-service investment firm, recently released its first-quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter of 2025, the LVS Event-Driven portfolio returned 0.8% (net of fees) and the LVS Growth Portfolio delivered 0.3%, net of all fees and expenses. This compared to 0.9% return for the high-yield bond index and 4.3% decline for the S&P 500 index. For more information on the fund's top picks in 2025, please check its top five holdings. In its first quarter 2025 investor letter, LVS Advisory emphasized stocks such as Howard Hughes Holdings Inc. (NYSE:HHH). Headquartered in The Woodlands, Texas, Howard Hughes Holdings Inc. (NYSE:HHH) develops and manages commercial, residential, and mixed-use real estate. The one-month return of Howard Hughes Holdings Inc. (NYSE:HHH) was -0.05%, and its shares gained 16.51% of their value over the last 52 weeks. On April 2, 2025, Howard Hughes Holdings Inc. (NYSE:HHH) stock closed at $74.81 per share with a market capitalization of $3.771 billion. LVS Advisory stated the following regarding Howard Hughes Holdings Inc. (NYSE:HHH) in its Q1 2025 investor letter: Howard Hughes Corp (NYSE:HHH) is a real estate holding company that owns several master planned communities ('MPCs') across the United States. Master planned communities are large-scale residential developments designed to integrate commercial spaces (stores, offices) and recreational facilities (parks, golf courses). In other words, MPCs are mini-cities within cities that cater to upper-middle class families. The flagship MPC in Howard Hughes's portfolio is The Woodlands located in Houston, Texas. An aerial view of a master-planned community with its wide streets and amenities. Howard Hughes Holdings Inc. (NYSE:HHH) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 39 hedge fund portfolios held Howard Hughes Holdings Inc. (NYSE:HHH) at the end of the fourth quarter which was 39 in the previous quarter. While we acknowledge the potential of Howard Hughes Holdings Inc. (NYSE:HHH) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. We covered Howard Hughes Holdings Inc. (NYSE:HHH) in another article, where we shared the list of stocks Jim Cramer recently discussed. In addition, please check out our hedge fund investor letters Q4 2024 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
