Top 5 Real Estate Stocks to Own According to LDR Capital

3. MGM Growth Properties LLC (NYSE:MGP)

MGM Growth Properties LLC (NYSE:MGP) was one of three new stock positions added to LDR Capital’s 13F portfolio during Q3 and instantly became one of the fund’s most bullish bets as it bought 277,528 MGP shares which were worth $10.63 million on September 30. Other hedge funds have been selling out of MGP after shares rose by more than 50% between the middle of 2020 and the end of September 2021.

In December, MGM Growth Properties LLC (NYSE:MGP) announced another $0.02 per share increase to its quarterly dividend, to $2.10, the 15th such increase in less than six years following the company’s IPO in April 2016. The company’s Q3 revenue of $188.3 million did miss estimates by over $7 million, while its FFO of $0.65 was in line with the consensus.