5 Stocks Billionaire Leon Cooperman Just Bought and Sold

4. DT Midstream, Inc. (NYSE:DTM)

Omega Advisors’ Stake Value: $28.05 million

DT Midstream, Inc. (NYSE:DTM) provides a range of natural gas services in the United States. Operating through two divisions, Pipeline and Gathering, the company develops, owns, and manages an integrated collection of interstate and intrastate pipelines, storage systems, lateral pipelines, gathering systems, treatment plants, compression facilities, and surface facilities. In the third quarter of 2023, Cooperman upped his stake in DT Midstream, Inc. (NYSE:DTM) by 77%. The position comprised 530,000 shares valued at $28.05 million.

On November 1, DT Midstream, Inc. (NYSE:DTM) declared a $0.69 per share quarterly dividend, in-line with previous. The dividend is to be paid on January 15, 2024 to shareholders of record as of December 18.

As per Insider Monkey’s second quarter database, 19 hedge funds were bullish on DT Midstream, Inc. (NYSE:DTM), same as the last quarter. Amy Minella’s Cardinal Capital is the largest position holder in the company, with 1.84 million shares worth approximately $91.3 million.

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