Taubman Centers, Inc. (TCO), DuPont Fabros Technology, Inc. (DFT) Among Top Small-Cap REIT Picks Of AEW Capital Management

At the end of the first quarter, AEW Capital Management had a total of 2.39 million shares of DuPont Fabros Technology, Inc. (NYSE:DFT) valued at $77.98 million. This showed an increase in the fund’s stake in the company from the previous quarter when it held 2.22 million shares. In a strategy to repay its borrowing and fund its activities, the company announced the pricing of a $250 million release of senior notes by its subsidiary DuPont Fabros Technology, L.P. The notes are due on June 15, 2023. The stock currently sports a dividend yield of 5.30% and has a Price-to-Earnings ratio of 28.25. DuPont Fabros Technology, Inc. (NYSE:DFT) has a “Buy” rating from the Street, owing to its stable share price, revenue potential, healthy cash flow from its operations, and remarkable return-on-equity. In the first quarter of 2015, the company reported $0.65 in earnings per share and is expected to report $0.62 in earnings per share for the current quarter, according to Wall Street analysts. The real estate investment trust has attracted investors from diverse quarters. At the end of the first quarter it had a total of 11 hedge funds invested in it out of the 730 that we track. The funds had an aggregate investment of $156.96 million. Bernard Horn‘s Polaris Capital Management and Richard Driehaus’ Driehaus Capital are among the hedge funds that had stakes in the company.

AEW Capital Management held 1.42 million shares of Equity Lifestyle Properties, Inc. (NYSE:ELS) worth $77.90 million. In the first quarter ended March 31, Equity Lifestyle Properties, Inc. (NYSE:ELS) reported $0.83 in earnings per share, which represented a surprise factor of 1.22%. The REIT operates mainly in two segments, which are Home Sales and Property Operations and Home. The Rental Operations segment focuses on purchasing, selling, and leasing homes. Several other hedge funds were invested in Equity Lifestyle Properties, Inc. (NYSE:ELS) during the first quarter, with their combined investment totaling $352.56 million. Some of the investors of the stock who will be keen on its performance are Echo Street Capital Management, Horizon Asset Management, and the quant fund D E Shaw.

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