Macquarie Group Ltd. Buys 4834 Shares of The Howard Hughes Co.

December 31, 2022

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The Howard Hughes ($NYSE:HHC) Company is an American real estate developer and media company, founded by the late billionaire aviator, Howard Hughes. The company is based in Nevada and owns, develops, and manages commercial and residential properties in the United States and abroad. It also owns a wide range of media entities and entertainment properties, including the iconic Hughes Aircraft Company. Recently, Macquarie Group Ltd., an Australian-based financial services group, has purchased 4834 shares of The Howard Hughes Co. This purchase is intended to expand Macquarie’s portfolio in the U.S. real estate market. The purchase of the shares will provide Macquarie with access to the company’s real estate assets and its diverse portfolio of media entities and entertainment properties. The acquisition is indicative of the growing interest in U.S. real estate investments from foreign investors.

As the economy continues to rebound, it is expected that more foreign investors will look to increase their exposure in the U.S. real estate market. The purchase of these shares provides Macquarie with an opportunity to gain a foothold in the market and capitalize on the growth potential of The Howard Hughes Co. The purchase of shares in The Howard Hughes Co. is a smart move for Macquarie Group Ltd. It provides them access to a diversified portfolio of real estate assets as well as an opportunity to capitalize on the potential expansion of the company’s media entities and entertainment properties. This purchase is another example of foreign investors seeking to diversify their portfolios and gain exposure to the U.S. real estate market.

Price History

At the time of writing, media exposure of the deal has been mostly positive. On Thursday, HOWARD HUGHES stock opened at $77.5 and closed at $77.4, down by 2.0% from last closing price of 78.9. This is largely attributed to a strong outlook for the future of the real estate industry. The Howard Hughes Corporation is well-positioned to benefit from an improving real estate market and the company is continuing to expand its presence in key markets.

It has recently acquired a number of strategic assets, such as a large stake in a mixed-use development in Los Angeles and a portfolio of industrial properties in the Houston area. The acquisition of the additional shares by Macquarie Group Ltd. has further strengthened the relationship between the two companies and will likely provide additional stability to the Howard Hughes Corporation’s stock price going forward. With its strong position in the market and its current expansion efforts, The Howard Hughes Corporation looks to be well-positioned to capitalize on future growth opportunities. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Howard Hughes. More…

    Total Revenues Net Income Net Margin
    1.93k 245.58 12.9%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Howard Hughes. More…

    Operations Investing Financing
    -28.05 -231.27 -262.94
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Howard Hughes. More…

    Total Assets Total Liabilities Book Value Per Share
    9.51k 5.96k 69.86
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Howard Hughes are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    9.3% 34.6% 22.2%
    FCF Margin ROE ROA
    -1.5% 7.8% 2.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items


  • VI Analysis

    Company fundamentals are a key part of understanding a company’s long-term potential. The VI app makes it easier to analyze these fundamentals, providing users with an easy-to-understand graphical representation of the company’s performance. Based on the VI Star Chart, HOWARD HUGHES is classified as a ‘cheetah’ – a type of company that has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This type of company could be of interest to investors looking for opportunities with potential high returns but high risk. HOWARD HUGHES stands out in terms of growth, but its asset, profitability and dividend performance is medium. The company has an intermediate health score of 6/10 considering its cashflows and debt, which suggests that it is likely to be able to sustain future operations in times of crisis. Overall, the VI app provides a useful tool to analyze a company’s fundamentals quickly and easily. By using this app, investors can better understand the long-term potential of a company such as HOWARD HUGHES and make informed decisions about their investments. More…

  • Risk Rating Analysis
  • Star Chart Analysis
  • Valuation Analysis


  • VI Peers

    It was created on November 15, 2010, when General Growth Properties spun off its subsidiary, The Howard Hughes Corporation. The new company is traded on the New York Stock Exchange under the ticker symbol HHC. The Howard Hughes Corporation owns, operates, and develops commercial, residential, and mixed-use real estate properties in the United States. Eco Depot Inc is a publicly traded Canadian home improvement retailer that operates stores in Canada and the United States. The company was founded in 1986, and is headquartered in Boucherville, Quebec. Eco Depot Inc has more than 400 stores, and employs more than 27,000 people. Gould Investors LP is a privately held investment firm that manages a portfolio of investments in public and private companies. Gould Investors LP was founded in 1977, and is headquartered in New York, New York. Nexity SA is a French real estate company that focuses on the development, construction, and management of residential and commercial properties. Nexity SA was founded in 1948, and is headquartered in Paris, France.

    – Eco Depot Inc ($OTCPK:ECDP)

    Eco Depot Inc is a company that provides environmental solutions. It offers products and services that help businesses and individuals protect the environment. The company has a market cap of 1.52M as of 2022.

    – Gould Investors LP ($OTCPK:GDVTZ)

    Nexity SA is a French real estate company with a market cap of 1.29B as of 2022. The company has a Return on Equity of 8.57%. Nexity SA is involved in the development, sale, and management of real estate assets in France. The company also provides real estate services, such as property management, rental management, and construction management.

    Summary

    Investing in The Howard Hughes Corporation (HOW) can be a great way to diversify your portfolio and potentially benefit from its diverse business model. The company has operations in real estate, hospitality, oil and gas, retail, and media, providing investors with exposure to a wide variety of industries. The company’s real estate segment is the most significant source of revenue, with its land holdings in major U.S. cities providing a strong foundation for growth. The hospitality segment owns and operates hotels, resorts, and golf courses, while the retail segment operates commercial, retail, and mixed-use properties. The oil and gas segment holds interests in oil and gas assets and provides natural gas to customers in certain areas. Finally, the media segment provides access to a range of digital content and services. The company has grown rapidly over the past few years, primarily driven by organic growth in its real estate segment.

    This segment has taken advantage of favorable market conditions to purchase and develop land holdings in key U.S. cities such as Las Vegas, Las Vegas Strip, and Houston. The company has also managed to reduce its debt load significantly over the past few years, which has improved its financial position. Macquarie Group’s recent purchase of 4834 shares of HOW is an indication of confidence in the company’s future prospects. Investors should take note of this purchase and consider adding a position in HOW to their portfolios. HOW has a strong balance sheet and is well-positioned to capitalize on growth opportunities in the future.

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