Added to YB: 2025-05-07
Pitch date: 2025-05-05
HHH [bullish]
Howard Hughes Holdings Inc.
-7.83%
current return
Author Info
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Company Info
Howard Hughes Holdings Inc., together with its subsidiaries, develops master planned communities (MPCs) in the United States.
Market Cap
$3.8B
Pitch Price
$69.50
Price Target
N/A
Dividend
N/A
EV/EBITDA
14.77
P/E
28.90
EV/Sales
5.08
Sector
Real Estate Management and Development
Category
value
Show full summary:
Howard Hughes (HHH): Ackman’s Vision Aims to Unlock Deep NAV Discount
HHH: Ackman deal positive despite 38bps mgmt fee + 1.5% performance fee; $900M equity raise at $100/share adds ~$5/share accretion. Stock previously at ~50% NAV discount as CRE/land bank hybrid. Ackman's involvement should improve shareholder base, enhance value, and close NAV gap.
Read full article (1 min)