In this article, we discuss 5 real estate stocks to buy now according to Charles Fitzgerald’s V3 Capital. If you want to read our detailed analysis of Fitzgerald’s history and hedge fund performance, go directly to 10 Real Estate Stocks to Buy Now According to Charles Fitzgerald’s V3 Capital.
5. Camden Property Trust (NYSE:CPT)
V3 Capital Stake Value: $66,031,000
Percentage of V3 Capital’s 13F Portfolio: 9.52%
Number of Hedge Fund Holders: 26
Camden Property Trust (NYSE:CPT) invests in real estate. The company specializes in multifamily apartment community ownership, management, development, repositioning, redevelopment, acquisition, and construction. Fitzgerald cut his stake in Camden Property Trust (NYSE:CPT) by 83,550 shares in the fourth quarter, reducing his total position by 19%. He first invested in Camden Property Trust (NYSE:CPT) in the fourth quarter of 2016. However, V3 Capital still holds 369,550 shares of the company, worth more than $66.03 million.
Israel Englander’s Millennium Management is the largest shareholder of Camden Property Trust (NYSE:CPT) in Q4, holding shares worth roughly $72.52 million. Overall, 26 hedge funds tracked by Insider Monkey held stakes in Camden Property Trust (NYSE:CPT) in Q4, up from 23 in the previous quarter. These stakes hold a consolidated value of $349.19 million.
Mizuho analyst Haendel St. Juste cut his price objective on Camden Property Trust (NYSE:CPT) to $170 from $179 on February 16 and maintained a Neutral rating on the stock. Following the Q4 earnings and 2022 outlook for the apartment real estate investment trusts, the analyst changed his 2022 projections marginally.
4. Physicians Realty Trust (NYSE:DOC)
V3 Capital Stake Value: $72,214,000
Percentage of V3 Capital’s 13F Portfolio: 10.41%
Number of Hedge Fund Holders: 18
Physicians Realty Trust (NYSE:DOC) is a healthcare real estate investment trust that invests in, develops, owns, and manages healthcare assets. Tayo Okusanya, II of Credit Suisse commenced coverage of Physicians Realty Trust (NYSE:DOC) on February 1 with a Neutral rating and a $19 price objective.
By the end of Q4 2021, V3 Capital held 3.84 million shares in Physicians Realty Trust (NYSE:DOC), valued at over $72.21 million. The company represented 10.41% of Charles Fitzgerald’s V3 Capital portfolio. The hedge fund elevated its stake in the firm by 55% in the fourth quarter of 2021.
As per Insider Monkey’s Q4 data, 18 hedge funds held stakes worth over $154.09 million in Physicians Realty Trust (NYSE:DOC) in Q4. In the previous quarter, 17 hedge funds held positions in the company, with stakes valued at roughly $67.75 million.
3. Apartment Income REIT Corp. (NYSE:AIRC)
V3 Capital Stake Value: $74,811,000
Percentage of V3 Capital’s 13F Portfolio: 10.79%
Number of Hedge Fund Holders: 18
Apartment Income REIT Corp. (NYSE:AIRC) is a real estate investment trust that owns and manages apartment properties. At the end of Q4 2021, V3 Capital held a stake worth over $74.81 million in Apartment Income REIT Corp. (NYSE:AIRC), representing 10.79% of its 13F portfolio.
Mizuho analyst Haendel St. Juste decreased his price objective on Apartment Income REIT Corp. (NYSE:AIRC) to $59 from $62 on February 16, and maintained a Buy rating on the stock. After the Q4 earnings and 2022 outlook for apartment REITs, the analyst somewhat revised his 2022 predictions.
According to Insider Monkey’s database, 18 hedge funds had a stake in Apartment Income REIT Corp. (NYSE:AIRC) as of Q4 2021. The total value of their holdings was $415.12 million. Waterfront Capital Partners is the leading shareholder of Apartment Income REIT Corp. (NYSE:AIRC), with a stake worth over $78.33 million.
2. JBG SMITH Properties (NYSE:JBGS)
V3 Capital Stake Value: $96,840,000
Percentage of V3 Capital’s 13F Portfolio: 13.96%
Number of Hedge Fund Holders: 20
JBG SMITH Properties (NYSE:JBGS) is a real estate investment trust that owns, operates, invests in, and develops a mixed-use real estate portfolio. On February 14, JBG Smith and affiliates of Fortress Investment Group LLC signed a joint venture deal worth $580 million to recapitalize a 1.6 million square foot portfolio of seven office buildings managed by JBG SMITH Properties (NYSE:JBGS).
Long Pond Capital is JBG SMITH Properties (NYSE: JBGS)’s largest shareholder, with shares worth $171.19 million. The number of hedge funds tracked by Insider Monkey having stakes in JBG SMITH Properties (NYSE: JBGS) stood at 20 in Q4 2021. These stakes hold a value of roughly $337.25 million. In comparison, 15 hedge funds held stakes in JBG SMITH Properties (NYSE: JBGS) in the preceding quarter, worth $288.24 million.
1. Healthcare Trust of America, Inc. (NYSE:HTA)
V3 Capital Stake Value: $116,197,000
Percentage of V3 Capital’s 13F Portfolio: 16.76%
Number of Hedge Fund Holders: 37
Healthcare Trust of America, Inc. (NYSE:HTA) is a publicly traded real estate investment trust specialising in the acquisition, ownership, and management of medical office buildings. Even after selling 720,000 shares of Healthcare Trust of America, Inc. (NYSE:HTA) in the fourth quarter, Charles Fitzgerald’s V3 Capital holds more than 3.48 million shares of the company, worth about $116.20 million.
Stifel analyst Stephen Manaker reduced Healthcare Trust of America, Inc. (NYSE:HTA) to Hold from Buy with a price objective of $30, down from $38 on February 28 after the company concluded its strategic options process by consenting to a sale to Healthcare Realty Trust.
At the end of Q4 2021, 37 hedge funds tracked by Insider Monkey reported owning stakes in Healthcare Trust of America, Inc. (NYSE:HTA), up from 14 in the third quarter. These holdings are worth $588.19 million, up from $381.78 million in Q3.
You can also take a peek at 10 Stocks to Buy Now According to Leonard A. Potter’s Wildcat Capital Management and 10 Stocks to Buy According to Peter Simmie’s Bristol Gate Capital.
