5 Best Real Estate Stocks to Buy in 2022 According to Eduardo Abush’s Waterfront Capital Partners

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1. STAG Industrial, Inc. (NYSE:STAG)

Waterfront Capital Partners’ Stake Value: $92,553,000
Percentage of Waterfront Capital Partners’ 13F Portfolio: 5.76%
Number of Hedge Fund Holders: 21

STAG Industrial, Inc. (NYSE:STAG) is a real estate investment trust that specializes in acquiring, owning, and operating single-tenant industrial buildings across the United States. In Q1 2022, STAG Industrial, Inc. (NYSE:STAG) accounted for 5.76% of Waterfront Capital Partners’ portfolio, and the hedge fund increased its position in the company by 28% during the quarter.

On May 3, STAG Industrial, Inc. (NYSE:STAG) posted earnings for the first quarter of 2022, reporting Funds From Operations (FFO) of $0.53 per share, beating market estimates by $0.01. In addition, revenue for the quarter was $159.21 million, up 18.8% from the previous year’s first-quarter revenue.

Zimmer Partners held a stake worth $169.54 million in STAG Industrial, Inc. (NYSE:STAG), becoming its largest shareholder in Q1. Along with this, 21 hedge funds tracked by Insider Monkey reported owning stakes in the company in Q1, down from 22 in the previous quarter. The aggregate value of these stakes is over $528.63 million.

You can also take a peek at 9 Stocks to Buy in 2022 According to Mark Massey’s AltaRock Partners and Top 10 Stock Picks of Eli Cohen’s Crescent Park Management.

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