PEAK News and Headlines - Healthpeak Properties Inc
Baupost Group's latest 13F filing, which detailed the hedge fund's equity positions at the end of 2020, shows Seth Klarman (Trades, Portfolio)'s firm owned 44 different U.S. equities. The top five holdings accounted for around 50% of assets documented on the report. The largest holding was eBay Inc. (EBAY) with a 14.5% portfolio weight at the end of the year.
I should note at this point that 13F filings only show fund equity positions. They do not profile credit or cash holdings. What's more, these reports only highlight U.S. stock holdings.
So these reports should not be
The stock of Healthpeak Properties (NYSE:PEAK, 30-year Financials) appears to be fairly valued, according to GuruFocus Value calculation. GuruFocus Value is GuruFocus' estimate of the fair value at which the stock should be traded. It is calculated based on the historical multiples that the stock has traded at, the past business growth and analyst estimates of future business performance. If the price of a stock is significantly above the GF Value Line, it is overvalued and its future return is likely to be poor. On the other hand, if it is significantly below the GF Value Line, its
Glenview Capital Management recently disclosed its portfolio updates for the third quarter of 2020, which ended on Sept. 30.
Founded by Larry Robbins (Trades, Portfolio) in 2000, Glenview is a New York-based hedge fund that focuses on deep fundamental research and individual security selection. It operates via Two Funds: the Glenview Fund, which runs a long-short strategy, and the Glenview Opportunity Fund, a more concentrated and opportunistic vehicle. The firm primarily focuses on U.S. securities, though it also has some exposure to Western Europe. The majority of its investments are in the health care industry.
Seth Klarman (Trades, Portfolio), manager of The Baupost Group, has revealed his portfolio for the third quarter. The portfolio saw the addition of many new holdings, including Pershing Square Tontine Holdings Ltd. (PSTH), Micron Technology Inc. (MU), Applied Materials Inc. (AMAT), Healthpeak Properties Inc. (PEAK) and Liberty SiriusXM Group (LSXMA).
Klarman's Boston-based hedge fund searches for value opportunities through a wide array of options, including stocks, distressed debt, liquidations and foreign equities. Despite investing around the world in many different options, Klarman does not mind holding cash when opportunities are scarce. He adamantly warns people against investing
According to the GuruFocus All-in-One Screener as of Oct. 13, while most of the following Guru-held companies are trading at a discount, all have positive three- to five-year future earnings estimates.
Grupo Aeroportuario del Centro Norte
Shares of Grupo Aeroportuario del Centro Norte SAB de CV (OMAB) were trading around $56.8 per share on Dec. 12.
The company, which owns airports in the central region of Mexico, has a GuruFocus profitability and growth rating of 9 out of 10. Its earnings per share have risen 22.30% over the last five years. Analysts
U.S. stocks were green on Tuesday on proposed tariffs on goods produced in the European Union. The Dow Jones Industrial Average gained 0.26% to 26,787, the S&P 500 Index advanced 0.29% to 2,973 and the Nasdaq Composite Index rose 0.22% to 8,109.
Shares of The Greenbrier Companies Inc. (GBX) fell nearly 7% on Tuesday after the company announced third-quarter results. The company posted earnings of 89 cents per share on $856.15 million in revenue, reflecting 33.5% growth from the prior-year quarter. The company fell 6 cents short of earnings estimates and $7.09 million shy of revenue expectations.
"Greenbrier gained the
According to the GuruFocus All-in-One Screener, the following companies are trading at a discount and have positive three- to five-year future earnings estimates.
Shares of Royal Caribbean Cruises Ltd. (RCL) are trading around $119 per share. The discounted cash flow calculator gives the stock a fair value of $248 per share, suggesting it is undervalued with a 52% margin of safety.
The cruise line has a GuruFocus profitability and growth rating of 8 out of 10. Its earnings per share have climbed 32.90% over the last five years. Analysts project a three-year to five-year
U.S. stocks were in the red on Monday on the back of China's announcement that it will impose tariffs as high as 25% on U.S. goods. The Dow Jones Industrial Average fell 2.38% to 25,324, the S&P 500 index retreated 2.41% at 2,811, and the Nasdaq Composite Index slid 3.41% to 7,647.
Shares of Navios Maritime Acquisition Corp. (NNA) gained more than 5.6% on Monday after the company reported first-quarter results. Revenue grew 67.1% from the prior-year quarter to $77.1 million, beating expectations by $15.1 million. Earnings of 6 cents per share topped estimates by 91 cents.
“I am pleased
According to GuruFocus list of 52-week highs, these guru stocks have reached their highest prices in a year.
HCP Inc. (HCP) reached the 52-week high of $30.37
HCP Inc. is a real estate investment trust. It invests in real estate serving the health care industry in the U.S. It acquires, develops, leases, manages and disposes of health care real estate and provides financing to healthcare providers. HCP has interests in roughly 300 senior housing facilities, 100 life science properties, 200 medical office buildings, hospitals, and other health care properties. It also owns roughly $875 million
U.S. stocks were in negative territory on Thursday after the Federal Reserve decided to increase the interest rate by 25 basis points to between 2.25% and 2.5%. The Dow Jones Industrial Average fell more than 350 points to 22,962, the S&P 500 index slid 1.33% to 2,473 and the Nasdaq Composite Index declined 1.65% to 6,527.
Shares of Herman Miller Inc. (MLHR) jumped almost 3% on Thursday after the company posted second-quarter earnings of 75 cents per share on $652.6 million in revenue, reflecting 7.9% year-over-year growth.The company beat earnings estimates by 4 cents and revenue expectations by $6.93 million.
The Federal Reserve is expected to increase interest rates this week, but that may change as stocks continue to slide. Monday’s selloff saw all three major indexes fall, reducing the likelihood of an interest rate hike.
Short-term interest rate hikes have occurred for three straight quarters this year, and there’s still a good chance of a rate hike after Wednesday’s meeting. Projections of three rate hikes in 2019 have been lowered to two in 2019.
REITS can be impacted heavily by rate hikes, but a few REITS that are expected to be able to withstand real
According to the GuruFocus All-In-One Screener, the following real estate stocks are popular among gurus.
Acadia Realty Trust (AKR) is held by five gurus
The real estate investment trust has a market cap of $2.33 billion. Its revenue of $258.85 million has decreased 1.80% over the last 10 years.
The stock is trading with a price-earnings ratio of 52.81 The price of $28.52 is 2.60% below its 52-week high and 33.65% above its 52-week low. Over the past decade, it has returned a gain of 107%.
Barrow, Hanley, Mewhinney & Strauss, which serves as a subadvisor to more than 45 equity and fixed-income mutual funds, bought shares of the following stocks in both the second and third quarters.
Bank of New York Mellon Corp. (BK)
In the second quarter, the firm added 94.84% to its position and boosted it by 227.38% in the third quarter.
With a market cap of $47.66 billion, the company provides investment management services. Its revenue of $15.69 billion has grown 3.50% over the last five years.
Investment firm Barrow, Hanley, Mewhinney & Strauss disclosed it expanded its stake in MGM Growth Properties LLC (MGP) by 36.63% on Aug. 31.
The Dallas-based firm, which was founded in 1979, says on its website it adheres to “a strict definition of value” that is exhibited in its equity portfolios through “below-market price-to-earnings ratios, below-market price-to-book ratios, and above-market dividend yields, regardless of market conditions.”
According to GuruFocus real-time picks, after establishing the position in the second quarter, the firm invested in an additional 2.4 million shares of MGM Growth Properties for an average price of $30.73 per
Chris Davis (Trades, Portfolio), portfolio manager of the Davis Financial Fund, disclosed on Monday three new positions for the second quarter: Greenlight Capital Re Ltd. (GLRE), HCP Inc. (HCP) and Switch Inc. (SWCH).
Managing a portfolio of 138 stocks, Davis seeks durable, well-managed businesses that can be purchased at value prices and held for the long term. The manager primarily focuses on financial services companies, which currently occupy 38.6% of the portfolio. Other top sectors include technology and consumer discretionary: both have a portfolio weight around 17%.
Greenlight Capital Re
Davis invested in 125,000
U.S. markets are set to open low on Thursday, ahead of President Donald Trump idea of trade duties on China imports, which triggers fears about a potential trade war. Yesterday, the Fed raised interest rates to keep inflation under control. The rates are now in the range of 1.5% and 1.75%. It is expected that the economy will grow between 2.5% and 2.7%.
Shares of Guess? Inc. (GES) skyrocketed on the heels of the company reporting its financial results for the fourth quarter. The company posted adjusted earnings per share of 62 cents on revenue of $792.16 million, an increase
BT Group PLC (BT), AvalonBay Communities Inc. (AVB), HCP Inc. (HCP), and Compass Minerals International Inc. (CMP) have declined to their three-year lows.
BT Group PLC (BT) declined to $16.19
The prices of BT Group PLC (BT) shares have declined to $16.19 on Feb. 16, which is only 2.5% above the 3-year low of $15.79.
BT Group PLC is a British holding company which owns British Telecommunications, a British international telecommunications services company. BT Group has operations in more than 180 countries and its BT Global Services division provides telecoms services to corporate and government customers worldwide.
According to the GuruFocus All-In-One Screener, the following real estate stocks are popular among gurus.
Eight gurus have positions in Vornado Realty Trust (VNO).
The real estate investment trust (REIT), which owns office and retail space in New York and Washington D.C., has a market cap of $13.33 billion.
The stock is trading with a price-earnings (P/E) Ratio of 17.11. The current stock price of $70.2 is 21.46% below its 52-week high and 0.27% above its 52-week low. Over the past 10 years, it has returned a loss of 18%.
General Electric Co. (GE), Equity Residential (EQR), HCP Inc. (HCP), and Range Resources Corp. (RRC) have declined to their three-year lows.
General Electric Co. (GE) declined to $16.26
The prices of General Electric Co. (GE) shares have declined to $16.26 on Jan. 19, which is only 1.2% above the three-year low of $16.07.
General Electric Co. is an American international conglomerate corporation and operates through multiple segments, including Power & Water, Oil and Gas, Aviation, Healthcare, and Transportation. The company has over 305,000 employees as of 2015 and ranked among the Fortune 500 as the 4th largest firm in the