5 Best High Dividend Stocks To Buy According To Billionaire Cooperman

Page 1 of 5

In this article, we discuss the 5 best high dividend stocks to buy according to billionaire Cooperman. If you want our detailed analysis of these stocks, go directly to 11 Best High Dividend Stocks To Buy According To Billionaire Cooperman

5. Enterprise Products Partners L.P. (NYSE:EPD)

Omega Advisors’ Stake Value: $12,065,000

Percentage of Omega Advisors’ 13F Portfolio: 0.67%

Dividend Yield: 7.36%

Number of Hedge Fund Holders: 28

Enterprise Products Partners L.P. (NYSE:EPD) is a midstream oil and natural gas company, headquartered in Texas. The company has grown prominently since its IPO in 1998, the assets increasing from $715 million to $64 billion as of Q4 2020.

At the end of June, 28 hedge funds in Insider Monkey’s database were bullish on Enterprise Products Partners L.P. (NYSE:EPD), up from 26 in Q1. 

On October 19, Wolfe Research analyst Keith Stanley downgraded Enterprise Products Partners L.P. (NYSE:EPD) to Peer Perform from Outperform with a $24 price target.

Here is what ClearBridge Investments has to say about Enterprise Products Partners L.P. in its Q1 2021 investor letter:

“While reducing in health care and consumer staples, we increased our exposure to high-quality names in economically sensitive areas of the market. We added to low-cost, high-quality energy names (including) Enterprise Products Partners LP. We are positive on this company’s strong balance sheets, competitive positions and exposure to an economic recovery.”

Page 1 of 5