5 Hot Reat-Estate Positions in Gurus' Portfolios

Investors are buying Alexandria, Liberty Trust

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Jun 24, 2018
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According to the GuruFocus All-In-One Screener, the following real estate stocks are popular among gurus.

Three gurus have positions in Corporate Office Properties Trust (OFC)

The company acquires, manages and leases office and data center properties throughout the U.S. It has a market cap of $2.87 billion.

The stock is trading with a price-earnings ratio of 50.23 and the current stock price of $28.12 is 21.74% below its 52-week high and 14.54% above its 52-week low. Over the past 10 years, it has returned a loss of 20%.

Jim Simons (Trades, Portfolio) with 0.27% of outstanding shares is the largest investor among the gurus followed by Scott Black (Trades, Portfolio) with 0.06% and Paul Tudor Jones (Trades, Portfolio) with 0.04%.

Three gurus are invested in Mack-Cali Realty Corp. (CLI)

With a market cap of $1.87 billion the company owns and operates office, industrial and multifamily properties in the Northeastern United States

The stock is trading with a price-earnings ratio of 51.76 and the current stock price of $20.70 is 26.73% below its 52-week high and 30.52% above its 52-week low. Over the past 10 years, it has returned a loss of 41%.

The company’s largest shareholder among the gurus is Simons with 3.66% of outstanding shares followed by Ken Fisher (Trades, Portfolio) with 0.36%, Pioneer Investments (Trades, Portfolio) with 0.11% and Ray Dalio (Trades, Portfolio) with 0.05%.

Alexandria Real Estate Equities Inc. (ARE) is held by four gurus

The company operates in the acquisition and leasing of urban offices on science and technology campuses throughout the United States. It has a market cap of $13.04 billion. Its revenue of $1.12 billion is stable compared to 10 years ago.

The stock is trading with a price-earnings ratio of 48.69. The current stock price of $126.6 is 5.78% below its 52-week high and 11.05% above its 52-week low. Over the past 10 years, it has returned a gain of 28%.

Vanguard Health Care Fund (Trades, Portfolio) with 1.13% of outstanding shares is the largest investor among the gurus followed by Ron Baron (Trades, Portfolio) with 0.97%, Simons with 0.51% and Pioneer Investments (Trades, Portfolio) with 0.38%.

Four gurus have positions in Liberty Property Trust (LPT)

With a market cap of $6.51 billion the company manages and leases industrial and office properties throughout the United States.

The stock is trading with a price-earnings ratio of 17.14. The current stock price of $44.06 is 2.95% below its 52-week high and 16.65% above its 52-week low. Over the past 10 years, it has returned a gain of 32%.

The company’s largest shareholder among the gurus is Simons with 0.76% of outstanding shares followed by Steven Cohen (Trades, Portfolio) with 0.18%.

Piedmont Office Realty Trust Inc. (PDM) is held by three gurus

The company operates in the acquisition and ownership of commercial real estate properties throughout the United States. It has a market cap of $2.51 billion. Its revenue of $555.61 million has increased 6.20% over the past 10 years.

The stock is trading with a price-earnings ratio of 15.74 and the current stock price of $19.55 is 9.36% below its 52-week high and 17.14% above its 52-week low. Over the past 10 years, it has returned a gain of 25%.

Simons with 1.93% of outstanding shares is the largest investor among the gurus followed by Pioneer Investments (Trades, Portfolio) with 0.13%, Cohen with 0.08% and Jeremy Grantham (Trades, Portfolio) with 0.04%.

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