5 High Dividend Stocks to Buy According to Billionaire Lee Cooperman

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1. Falcon Minerals Corporation (NASDAQ:FLMN)

Number of Hedge Fund Holders: 19

Forward Dividend Yield: 13.84%    

Falcon Minerals Corporation (NASDAQ:FLMN) owns mineral, royalty, and overriding royalty interests in oil and natural gas properties. According to latest 13F data, the fund holds a stake in the firm worth more than $8.2 million, consisting of over 1.7 million shares. 

In October, Piper Sandler analyst Pearce Hammond raised the price target on Falcon Minerals Corporation (NASDAQ:FLMN) stock to $6.5 from $5 and kept an Overweight rating, noting the mineral sector was an “attractive yield vehicle” amid high energy prices. 

At the end of the third quarter of 2021, 19 hedge funds in the database of Insider Monkey held stakes worth $43 million in Falcon Minerals Corporation (NASDAQ:FLMN), compared to 25 in the preceding quarter worth $42 million. 

You can also take a peek at 10 Penny Stocks Redditors are Buying in August and 10 Best Nickel Stocks to Buy Now.

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