5 Real Estate Stocks Investors Are Buying

Prologis tops the list

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Oct 09, 2018
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According to the GuruFocus All-In-One Screener, the following real estate stocks are popular among gurus.

Prologis Inc. (PLD) is held by 15 gurus

The company, which operates industrial and logistics facilities, has a market cap of $41.67 billion. Its revenue of $2.53 billion has declined 3.60% over the last 10 years.

The stock is trading with a price-earnings ratio of 19.06. The current price of $66.2 is 2.93% below its 52-week high and 13.59% above its 52-week low. Over the last 10 years, it has returned a gain of 93%.

With 0.31% of outstanding shares,Ă‚ Jim Simons (Trades, Portfolio) is the company's largest guru shareholder, followed by Pioneer Investments (Trades, Portfolio) with 0.23%, Steven Cohen (Trades, Portfolio) with 0.06% and Chris Davis (Trades, Portfolio) with 0.05%.

Nine gurus are invested in Duke Realty Corp.Ă‚ (DRE, Financial)

With a market cap of $10.09 billion, the company develops industrial and medical office real estate. Its revenue of $855.56 million fell 13.10% over the past decade.Ă‚

The stock is trading with a price-earnings ratio of 16.42. The current price of $28.25 is 4.50% below its 52-week high and 16.26% above its 52-week low. Over the past decade, it has returned a gain of 74%.

The company’s largest shareholder among the gurus is Pioneer Investments with 0.40% of outstanding shares, followed by Simons with 0.02% and Ray Dalio (Trades, Portfolio) with 0.01%.

Extra Space Storage Inc.Ă‚ (EXR) is held by 13 gurus

The company, which develops professionally managed facilities, has a market cap of $10.88 billion. Its revenue of $1.14 billion has grown 10.90% over the last 10 years.

The stock is trading with a price-earnings ratio of 22.20. The current price of $86.04 is 15.61% below its 52-week high and 12.40% above its 52-week low. Over the last 10 years, it has returned a gain of 578%.

With 0.19% of outstanding shares, Simons is the company's largest guru shareholder, followed by Pioneer Investments with 0.16%, Ken Fisher (Trades, Portfolio) with 0.14%, George Soros (Trades, Portfolio) with 0.13% and Davis with 0.12.

15 gurus have positions in Vornado Realty Trust (VNO, Financial)

With a market cap of $13.61 billion, the company receives revenue in the form of rent. Its revenue of $1.84 billion has declined 2.80% over the past decade.

The stock is trading with a price-earnings ratio of 60.62. The current price of $71.52 is 10.93% below its 52-week high and 11.52% above its 52-week low. Over the last 10 years, it has returned a gain of 27%.

The company’s largest shareholder among the gurus is Third Avenue Management (Trades, Portfolio) with 0.44% of outstanding shares, followed by Davis with 0.06% and Michael Price (Trades, Portfolio) with 0.05%.

SL Green Realty Corp. (SLG, Financial) is held by 14 gurus

The company, which generates revenue through tenant rents, escalations and reimbursement, has a market cap of $8.2 billion. Its revenue of $1.33 billion has not significantly changed over the last 10 years.

The stock is trading with a price-earnings ratio of 31.68. The current price of $94.75 is 11.06% below its 52-week high and 5.91% above its 52-week low. Over the past decade, it has returned a gain of 72%.

With 1.42% of outstanding shares , the T Rowe Price Equity Income Fund (Trades, Portfolio) is the company's largest guru shareholder, followed by Ron Baron (Trades, Portfolio) with 0.24%, Davis with 0.11% and Paul Tudor Jones (Trades, Portfolio) with 0.05%.

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