Howard Hughes

  • Commercial Real Estate at Its Best…Or Worst?

    By Marshall Hargrave - July 22, 2013 | Tickers: GGP, HHC, SPG

    It appears that commercial real estate is not the next shoe to drop, meaning it could be the next boom market to follow. Residential real estate has seen an impressive rebound over the last year and this market should help drive the commercial market.

    Not to mention the companies outlined below have impressive exposure to discretionary spending, meaning they could perform nicely on the back of a rebounding economy. I more »

  • Performance in Three Recent Spinoffs Offers Insight Into Future Spinoff Successes

    By Mike Thiessen - June 11, 2013 | Tickers: FBHS, HHC, PSX

    The global equity markets see hundreds of spin-offs in a given year, and many investors make a good living off of the arbitrage and growth opportunities inherent in some of these situations. Although some spin-offs are ill-advised or actively designed to saddle spun-off companies with high levels of debt, others offer tremendous opportunities for their employees, investors and customers. Three recent spin-offs of U.S. companies fall into the latter more »

  • Should We Follow Howard Hughes' CEO Into the Company?

    By Anh HOANG - June 10, 2013 | Tickers: GGP, HHC, SPG

    On June 2, David Weinreb, the CEO and Director of Howard Hughes (NYSE: HHC), spent nearly $1 million to accumulate 10,000 shares of the company he is managing at an average price of $99.56 per share. Howard Hughes has experienced a great run-up since the beginning of the year, from around $46 per share to more than $100 per share. Should we follow David Weinreb into Howard Hughes more »

  • Three Housing Plays to Hold Forever

    By AnnaLisa Kraft - May 15, 2013 | Tickers: HHC, BX, TOL

    As I wrote before, I'm not entirely sold on a housing boom, what with college debt levels increasing and impoverishing what should be a new generation of homebuyers.

    However, three companies hold properties that they've either bought at fire sale prices or are upscale enough they wouldn't attract first time homebuyers. Those companies are Blackstone (NYSE: BX), Howard Hughes Corporation (NYSE: HHC) and Toll Brothers (NYSE: TOLmore »)

  • Tracking the Pieces of This Former Empire

    By Robert Hanley - May 9, 2013 | Tickers: GGP, HHC, RSE

    Over a fifty year period, the Bucksbaum family built General Growth Properties (NYSE: GGP) from a tiny Iowa real estate developer into the #2 domestic mall empire.  However, the company’s operating structure collapsed in 2008, mostly due to the weight of debt taken on during its blockbuster purchase of Rouse in 2004.  Despite General Growth’s 2009 bankruptcy filing, it survived the process relatively intact, although it has spun more »

  • Finding Ideas In Whitney Tilson's Portfolio

    By Timothy Green - March 26, 2013 | Tickers: CNI, CP, HHC, LOV

    One way to find ideas among the thousands of publicly traded stocks is to look at the holdings of mutual or hedge funds that invest the same way that you do. Whitney Tilson runs Kase Capital, a small value-orientated hedge fund, formerly known as T2 Partners. Kase has some positions that many hedge funds seem to have, like Netflix and Berkshire Hathaway, but there are also some more interesting stocks more »

  • 3 Financial Stocks That Are Headed Higher

    By Ryan Glosier - March 24, 2013 | Tickers: HHC, ICE, LM, NYX

    The stock market has staged a strong rally so far in 2013, and more gains could be on the way for investors. The market looks to be in a sweet spot, with the Federal Reserve and other central banks continuing to provide accommodative monetary policy, even as the economy strengthens and confidence returns. At the same time, equity valuations remain reasonable and deal activity has picked up during the first more »

  • Mega-Investor Murray Stahl’s Top Picks for 2013

    By Meena Krishnamsetty - March 5, 2013 | Tickers: AN, BAM, HHC, JAH, LMCA

    At Insider Monkey, we track 450 of the world's most elite hedge funds. By focusing on their best investments, we've developed strategies that have generated market-beating returns, historically speaking. For more than a decade, our small-cap strategy beat the market by 18% in our back tests, and since sharing these picks with the public six months ago, it has outpaced the S&P 500 by more than 20 more »

  • Top Five Picks Of Whitney Tilson's Investor Letter

    By Marshall Hargrave - February 20, 2013 | Tickers: AIG, BRK-B, C, GS, HHC | Editor's Choice

    A look at hedge fund manager Whitney Tilson's recent investor letter proved interesting. The letter could well offer investors a starting point for analyzing some well-known companies in the financial industry that Tilson is heavily invested in (check out all of Tilson's picks). 

    Tilson split from partner Glenn Tongue in mid-2012 and now manages money on his own. As part of the split, Tilson vowed to raise his more »

  • Whitney Tilson's Under-the-Radar Investments Can Boost Your Portfolio

    By Meena Krishnamsetty - February 1, 2013 | Tickers: AHL, HHC, ICON, NFLX, TROX

    Hedge funds generate most of their alpha from small-cap stocks, primarily because the information surrounding this space is less efficient. At Insider Monkey, we've empirically tested this phenomenon, and according to our analysis, hedge funds’ top small-cap picks generated an alpha of about 120 basis points per month between 1999 and 2009 (see more details on how this happens here).

    With this in mind, it’s important to do more »

  • Low Risk Real Estate Recovery Play

    By Mike Thiessen - January 17, 2013 | Tickers: HHC, KBH, TOL

    The success of an obscure developer called the Howard Hughes Corporation (NYSE: HHC) may indicate that housing and commercial real estate are actually recovering. Even though it is named for the dashing and mentally ill aviation pioneer and movie producer, Howard Hughes, the Howard Hughes Corp has nothing to do with aviation. Instead, the Howard Hughes Corp develops business parks and other real estate projects in Las Vegas and elsewhere more »

  • 5 High-Potential Stock Picks From Billionaires Bill Ackman & Dan Loeb

    By Meena Krishnamsetty - January 14, 2013 | Tickers: ALEX, HHC, MATX, SLE, WCC

    Hedge funds generate a substantial portion of their alpha from the small-cap space. On the whole, public research about the little guys tends to be less efficient. According to our own analysis, investing in hedgies’ most popular small-cap picks has produced an alpha of close to 120 basis points per month. We started publishing a quarterly newsletter at the end of August and shared the stock picks of this strategy more »

  • How to Find Good and Cheap Companies?

    By Federico Zaldua - January 8, 2013 | Tickers: DISH, HHC, LUK, STRZA

    In this article I analyze Horizon Kinetics portfolio. Horizon is a value oriented institution that tries to capitalize on the overwhelming need for investors to achieve short-term results. According to the fund´s website, long-term price inefficiencies can be created by the collective, short-term focus of the markets. Events visible 3 to 5 years in the future have little utility to the average portfolio manager so the fund seeks to more »

  • Herbalife Isn’t the Only Stock With an Ackman-Tilson Connection

    By Meena Krishnamsetty - January 3, 2013 | Tickers: ALEX, C, HLF, HHC, JCP

    Billionaire Bill Ackman runs a niche equity portfolio, owning only around 10 stocks at a time. Ackman is a long-term activist and value investor, and is the founder of Pershing Square Capital. Ackman's long-time friend Whitney Tilson received an MBA from Harvard and founded T2 Partners in 1999, which has returned a cumulative 175% since inception. We have found five stocks that Ackman and Tilson either love or hate more »

  • Ark Restaurants: A Spicy (and Cheap) Micro Cap

    By Tom Winner - December 28, 2012 | Tickers: ARKR, BJRI, BWLD, BAGL, HHC

    Ark Restuarants reported impressive 2012 numbers in late December, but is still selling at a cheap valuation.  The company's plans for the future look promising, making this high-dividend microcap a compelling stock.

  • Whitney Tilson's Top 5 Stock Picks, Who Made The Cut?

    By Meena Krishnamsetty - December 12, 2012 | Tickers: AIG, AAPL, BRK-B, HHC

    Whitney Tilson launched T2 Partners in 1999 and has returned 177% on a cumulative basis since then, compared to the S&P 500's 36%. Tilson graduated from Harvard with an MBA in 1994 and takes the approach that the stocks he invests in are deep value plays, and broken to some degree. We have outlined his top five holdings according to his most recent 13F filing with the SEC more »

  • How Much is Howard Hughes Corp Worth?

    By Tom Winner - October 18, 2012 | Tickers: GGP, HHC

    The honest answer to the question “how much is Howard Hughes Corp (NYSE: HHC) worth” is that it’s hard to tell.  In his 2010 shareholder letter, Howard Hughes Chairman (and super investor) Bill Ackman states “the real estate assets owned by HHC are notoriously difficult to value.”  This hasn’t stopped Ackman from believing in HHC - in addition to being chairman, he owns about 10% of the company through more »

  • Why Does Whitney Tilson Love this Beaten-Down Stock?

    By Meena Krishnamsetty - October 5, 2012 | Tickers: AMZN, AAPL, BRK-A, HHC, NFLX

    During Whitney Tilson’s presentation Tuesday at the 8th Annual Value Investing Congress, he identified three key long ideas. Tilson founded T2 Partners in 1999 with Glenn Tongue, and since inception has returned 177%, versus an S&P 500 of 36%.

    Tilson’s first long idea is Netflix (NASDAQ: NFLX). Tilson opened his long pitch on Netflix with the fact that Netflix is universally hated—we cannot disagree here, as more »

  • Five Stock Picks from Long-Term Value Investor

    By Meena Krishnamsetty - September 21, 2012 | Tickers: AN, BAM, HHC, JAH, STRZA

    Murray Stahl founded Horizon Kinetics, the parent company of Horizon Asset Management, in 1985. Prior to that he spent 16 years at Bankers Trust Company as a senior portfolio manager and research analyst. Murray Stahl holds a B.A. and an M.A. from Brooklyn College and an M.B.A. from Pace University.

    Horizon Asset Management LLC, a subsidiary of Horizon Kinetics LLC, is an investment firm that was more »

  • Which REIT is Right? - A Look at the Regional Malls (Part I)

    By Matthew DiLallo - September 10, 2012 | Tickers: BAM, GGP, HHC, RSE, SPG

    Americans love to shop and as much as we are turning to the internet to get the latest deals we’re still partial to spending a day walking around the mall and spending freely.  Even as we are spending countless hours connecting through social networking, we’re still spending both time and money connecting with our friends and families at the mall.  As much as technology is changing the way more »