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5 Real Estate Stocks Gurus Are Buying

- By Tiziano Frateschi

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


Equity Residential (EQR) is held by 11 gurus

The company, which develops and manages apartment properties, has a market cap of $23.47 billion. Its revenue of $2.52 billion has grown 0.70% over the last 10 years.

The stock is trading with a price-earnings ratio of 41.24. The price of $65 is 9.53% below its 52-week high and 15.95% above its 52-week low. Over the last 10 years, it has returned a gain of 122%.

With 0.74% of outstanding shares, the T Rowe Price Equity Income Fund (Trades, Portfolio) is the company's largest guru shareholder, followed by Pioneer Investments (Trades, Portfolio) with 0.15% and Chris Davis (Trades, Portfolio) with 0.06%.

Ten gurus are invested in Essex Property Trust Inc. (ESS)

With a market cap of $16.6 billion, the company develops multifamily apartments. Its revenue of $1.38 billion has increased 3.50% over the past decade.

The stock is trading with a price-earnings ratio of 44.25. The current price of $251 is 7.47% below its 52-week high and 14.16% above its 52-week low. Over the past decade, it has returned a gain of 189%.

The company's largest shareholder among the gurus is Jim Simons (Trades, Portfolio) with 0.95% of outstanding shares, followed by Pioneer Investments with 0.17%, Davis with 0.1% and Ken Fisher (Trades, Portfolio) with 0.03%.

Forest City Realty Trust Inc. (FCE-A) is held by 13 gurus

The company, which develops commercial and residential real estate as well as land, has a market cap of $6.83 billion. Its revenue of $876.74 million has fallen 13.10% over the last 10 years.

The stock is trading with a price-earnings ratio of 18.10. The current price of $25.18 is 2.21% below its 52-week high and 30.87% above its 52-week low. Over the past decade, it has returned a gain of 131%.

With 3.08% of outstanding shares, Mason Hawkins (Trades, Portfolio)' Southeastern Asset Management is the company's largest guru shareholder, followed by Third Avenue Management (Trades, Portfolio) with 2.65%, Simons with 1.43% and the Third Avenue Value Fund (Trades, Portfolio) with 0.54%.

Six gurus have positions in Realty Income Corp. (NYSE:O)

With a market cap of $17.24 billion, the company operates a diversified portfolio of properties. Its revenue of $1.26 billion has grown 4.70% over the past decade.

The stock is trading with a price-earnings ratio of 51.25. The current price of $59 is 1.30% below its 52-week high and 23.75% above its 52-week low. Over the last 10 years, it has returned a gain of 205%.

The company's largest shareholder among the gurus is Pioneer Investments with 0.16% of outstanding shares, followed by Paul Tudor Jones (Trades, Portfolio) with 0.02% and Simons with 0.01%.

Federal Realty Investment Trust (FRT) is held by six gurus

The company, which manages and develops retail and mixed-use properties, has a market cap of $8.83 billion. Its revenue of $892.22 million has grown 3.30% over the last 10 years.

The stock is trading with a price-earnings ratio of 31.80. The current price of $121 is 10.65% below its 52-week high and 12.95% above its 52-week low. Over the past decade, it has returned a gain of 162%.

With 0.16% of outstanding shares, Pioneer Investments is the company's largest guru shareholder, followed by Davis with 0.13% and Julian Robertson (Trades, Portfolio) with 0.08%.

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

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This article first appeared on GuruFocus.