HEITMAN REAL ESTATE SECURITIES LLC recently filed their 13F report for the fourth quarter of 2022, which ended on 2022-12-31.
The 13F report details which stocks were in a guru’s equity portfolio at the end of the quarter, though investors should note that these filings are limited in scope, containing only a snapshot of long positions in U.S.-listed stocks and American depository receipts as of the quarter’s end. They are not required to include international holdings, short positions or other types of investments. Still, even this limited filing can provide valuable information.
191 N. WACKER DR. CHICAGO, IL 60606
As of the latest 13F report, the guru’s equity portfolio contained 46 stocks valued at a total of $1.88Bil. The top holdings were PLD(11.69%), EQIX(7.13%), and WELL(5.57%).
According to GuruFocus data, these were HEITMAN REAL ESTATE SECURITIES LLC’s top five trades of the quarter.
Prologis Inc
During the quarter, HEITMAN REAL ESTATE SECURITIES LLC bought 1,060,460 shares of NYSE:PLD for a total holding of 1,953,019. The trade had a 6.35% impact on the equity portfolio. During the quarter, the stock traded for an average price of $110.78.
On 02/18/2023, Prologis Inc traded for a price of $125.32 per share and a market cap of $115.72Bil. The stock has returned -10.33% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Prologis Inc has a price-earnings ratio of 29.49, a price-book ratio of 2.18, a price-earnings-to-growth (PEG) ratio of 4.47, a EV-to-Ebitda ratio of 24.24 and a price-sales ratio of 17.03.
The price-to-GF Value ratio is 0.92, earning the stock a GF Value rank of 6.
AvalonBay Communities Inc
HEITMAN REAL ESTATE SECURITIES LLC reduced their investment in NYSE:AVB by 625,107 shares. The trade had a 6.23% impact on the equity portfolio. During the quarter, the stock traded for an average price of $170.22.
On 02/18/2023, AvalonBay Communities Inc traded for a price of $179.27 per share and a market cap of $25.08Bil. The stock has returned -21.39% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, AvalonBay Communities Inc has a price-earnings ratio of 22.10, a price-book ratio of 2.23, a price-earnings-to-growth (PEG) ratio of 13.81, a EV-to-Ebitda ratio of 14.98 and a price-sales ratio of 9.72.
The price-to-GF Value ratio is 0.83, earning the stock a GF Value rank of 9.
Duke Realty Corp
The guru sold out of their 2,377,296-share investment in NYSE:DRE. Previously, the stock had a 6.19% weight in the equity portfolio. Shares traded for an average price of $48.2 during the quarter.
On 02/18/2023, Duke Realty Corp traded for a price of $48.2 per share and a market cap of $18.56Bil. The stock has returned -16.60% over the past year.
GuruFocus gives the company a financial strength rating of 5 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Duke Realty Corp has a price-earnings ratio of 19.44, a price-book ratio of 2.94, a price-earnings-to-growth (PEG) ratio of 1.87, a EV-to-Ebitda ratio of 15.77 and a price-sales ratio of 16.85.
The price-to-GF Value ratio is 0.99, earning the stock a GF Value rank of 5.
Digital Realty Trust Inc
HEITMAN REAL ESTATE SECURITIES LLC reduced their investment in NYSE:DLR by 994,924 shares. The trade had a 5.33% impact on the equity portfolio. During the quarter, the stock traded for an average price of $102.05.
On 02/18/2023, Digital Realty Trust Inc traded for a price of $110.76 per share and a market cap of $32.25Bil. The stock has returned -16.06% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 8 out of 10.
In terms of valuation, Digital Realty Trust Inc has a price-earnings ratio of 22.74, a price-book ratio of 1.95, a price-earnings-to-growth (PEG) ratio of 4.21, a EV-to-Ebitda ratio of 15.04 and a price-sales ratio of 6.97.
The price-to-GF Value ratio is 0.74, earning the stock a GF Value rank of 10.
Equity Residential
During the quarter, HEITMAN REAL ESTATE SECURITIES LLC bought 1,446,762 shares of NYSE:EQR for a total holding of 1,474,455. The trade had a 4.53% impact on the equity portfolio. During the quarter, the stock traded for an average price of $62.58.
On 02/18/2023, Equity Residential traded for a price of $65.88 per share and a market cap of $24.93Bil. The stock has returned -19.49% over the past year.
GuruFocus gives the company a financial strength rating of 4 out of 10 and a profitability rating of 7 out of 10.
In terms of valuation, Equity Residential has a price-earnings ratio of 31.98, a price-book ratio of 2.24, a EV-to-Ebitda ratio of 16.43 and a price-sales ratio of 9.42.
The price-to-GF Value ratio is 0.86, earning the stock a GF Value rank of 9.
Please note, the numbers and facts quoted are as of the writing of this article and may not factor in the latest trading data or company announcements.
When GuruFocus covers insider information, we only track open market or the private purchase and sale of common stock with the transaction code of P or S. Therefore, all the transactions mentioned in this article are only the ones with transaction code of P or S.
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