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Marking the fourth increase since the beginning of the year, billionaire investor Bill Ackman (Trades, Portfolio) disclosed earlier this week he boosted Pershing Square Capital Management's stake in The Howard Hughes Corp. ( HHC , Financial) by 0.11%.
Howard Hughes Corp. HHC, +1.87% on Monday reported fourth-quarter results that beat expectations, but the real-estate developer warned that market anxiety would lead to lower land sales this year. The company, which develops residential communities and other properties, reported net income of $53.4 million, or $1.07 a share, compared with $111.3 million, or $2.09 a share, in the same quarter in...
Bill Ackman, the billionaire investor, has had a stellar performance in Wall Street over the years. Between January 2004 and August last year, his fund had a compound annual return of about 15.5% compared to S&P's 15.5%.
NEW YORK , Feb. 1, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that Andrew Schwartz and Zach Winick have been named Co-Presidents of the company's New York region and will lead the continued revitalization of the Seaport neighborhood in Lower Manhattan. Mr. Schwartz will lead partnerships and programming and Mr.
HHC to Host Earnings Call on February 28, 2023 HOUSTON , Jan. 12, 2023 /PRNewswire/ -- The Howard Hughes Corporation ® (NYSE: HHC) announced today that the Company will release 2022 fourth quarter and full year earnings on Monday, February 27, 2023, after the market closes and will hold its fourth quarter conference call on Tuesday, February 28, 2023, at 10:00 a.m. Eastern Time.
Shares of Howard Hughes Corp (NYSE: HHC ) stock are in full focus following several buys by Pershing Square and Bill Ackman. Howard Hughes operates as a real estate development and management company with operations in six U.S. states and a historical return on equity (ROE) of 24%.
Bill Ackman (Trades, Portfolio) is an activist investor who is the founder and investment manager at Pershing Square Capital Management. He is known for his relentless contrarian style.
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