Warren Buffett is Decreasing Stakes in These 3 Stocks

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1. STORE Capital Corporation (NYSE:STOR)

Number of Hedge Fund Holders: 22

Percentage Decrease in Stake in Q2 2022: 54%  

STORE Capital Corporation (NYSE:STOR) is a real estate investment trust that owns and manages single tenant properties. At the end of June 2022, Berkshire Hathaway owned 6.9 million shares in STORE Capital Corporation (NYSE:STOR) worth $180 million, representing 0.06% of the portfolio. 

In late June, Jefferies analyst Linda Tsai maintained a Hold rating on STORE Capital Corporation (NYSE:STOR) stock and lowered the price target to $27 from $29, noting that real estate demonstrated robust returns during past stagflation periods. 

At the end of the second quarter of 2022, 22 hedge funds in the database of Insider Monkey held stakes worth $422 million in STORE Capital Corporation (NYSE:STOR), compared to 24 in the previous quarter worth $748 million. Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Millennium Management is a leading shareholder in STORE Capital Corporation (NYSE:STOR), with 3 million shares worth more than $79 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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