Lee Cooperman, the billionaire CEO of Omega Advisors, is gradually reducing his stock market positions. Investing in value stocks over the long term has made this investor, who has a personal wealth of $2.5 billion, a household name. Lee Cooperman, a billionaire investor, said in September that the market was not in a position to experience a large-scale decline. At the end of the third quarter of 2021, the billionaire’s Omega Advisors hedge fund had a portfolio value of more than $1.8 billion.
Here is Insider Monkey’s list of the 10 high dividend stocks to buy according to billionaire Lee Cooperman. Healthcare properties are the primary focus of Ventas, Inc., which is a real estate investment trust. Shares of Citigroup have been upgraded from Neutral to Buy by Citi analyst Nicholas Joseph with a price target of $63. There are 3.6 million shares in Zimmer Partners worth more than $203 million, making them the largest shareholder. Company: Energy Transfer LP is a company that provides oil and gas storage and transportation services. As of the end of September, Omega Advisors owned more than 7 million shares of the company, which were worth $67 million in total. Appaloosa Management LP holds more than $96 million worth of Energy Transfer LP stock. More specifically, the fund stated that it held 733,439 Barings BDC shares worth $8 million, or 0.42 percent of its portfolio. There are 650,000 shares of Callodine Capital Management worth more than $7.1 million in total. A quarterly dividend of $0.36 per share was recently announced by the company, which has increased its dividend for the past nine years in a row. Arbor Realty Trust, Inc. is a stock Omega Advisors owns more than 2.2 million shares of for $42 million. For producers and consumers of natural gas and oil Enterprise Products Partners L.P. is the energy services provider. At the end of the third quarter of 2021, 25 hedge funds in Insider Monkey’s database had $233 million invested in EPD. For more details, click the 10 High Dividend Stocks To Buy According To Billionaire Lee Cooperman.