5 Real Estate Stocks Gurus are Buying

More than 6 gurus hold these stocks

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Dec 18, 2018
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According to the GuruFocus All-In-One Screener, the following real estate stocks are popular among gurus.

Jones Lang LaSalle Inc. (JLL, Financial) is held by 10 gurus

The company, which provides leasing, property and other services related to the real estate industry, has a market cap of $6 billion. Its revenue of $9.25 billion has climbed 9.50% over the last 10 years.

The stock is trading with a price-earnings ratio of 17.29. The price of $130 is 31% below its 52-week high and 1% above its 52-week low. Over the past decade, it has returned a gain of 364%.

With 1.57% of outstanding shares, John Rogers (Trades, Portfolio) is the company's largest guru shareholder, followed by Diamond Hill Capital (Trades, Portfolio) with 0.6% and Chuck Royce (Trades, Portfolio) with 0.29%.

Nine gurus are invested in Annaly Capital Management Inc. (NLY, Financial)

The American mortgage real estate investment trust has a market cap of $13.08 billion.

The stock is trading with a price-book ratio of 0.91. The current price of $10 is 19.48% below its 52-week high and 2.68% above its 52-week low. Over the last 10 years, it has returned a loss of 33%.

The company’s largest shareholder among the gurus is Jim Simons (Trades, Portfolio)‘ Renaissance Technologies with 0.26% of outstanding shares, followed by Pioneer Investments (Trades, Portfolio) with 0.08% and Ray Dalio (Trades, Portfolio) with 0.01%.

Seritage Growth Properties (SRG, Financial) is held by six gurus

The REIT has a market cap of $1.96 billion.

The stock is trading with a price-book ratio of 2.31. The current price of $35.09 is 32.38% below its 52-week high and 2.99% above its 52-week low. Over the past decade, it has returned a loss of 5%.

With 6.24% of outstanding shares, Hotchkis & Wiley is the company's largest guru shareholder, followed by Edward Lampert (Trades, Portfolio) with 0.61%, Third Avenue Management (Trades, Portfolio) with 0.52% and Mario Gabelli (Trades, Portfolio) with 0.14%.

Eight gurus have positions in Tejon Ranch Co. (TRC, Financial)

The diversified real estate development and agribusiness company has a market cap of $460.42 million. Its revenue of $46.06 million has grown 1.10% over the past decade.

The stock is trading with a price-earnings ratio of 98.49. The current price of about $17.73 is 32.46% below its 52-week high and 7.49% above its 52-week low. Over the last 10 years, it has returned a loss of 33%.

The company’s largest shareholder among the gurus is Royce with 6.3% of outstanding shares, followed by Third Avenue Management with 4.92%, Gabelli with 2.46% and Rogers with 2.19%.

Vornado Realty Trust (VNO, Financial) is held by nine gurus

The REIT has a market cap of $12.52 billion. Its revenue of $1.87 billion has fallen 3.70% over the past decade.

The stock is trading with a price-earnings ratio of 41.91. The current price of $66 is 17.30% below its 52-week high and 2.60% above its 52-week low. Over the last 10 years, it has returned a gain of 57%.

With 0.44% of outstanding shares, Third Avenue Management is the company's largest guru shareholder, followed by Pioneer Investments with 0.13%, Simons' firm with 0.1% and Chris Davis (Trades, Portfolio) with 0.07%.

Disclosure: I do not own any stocks mentioned in this article.

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