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Stocks with high institutional ownership are a good way for “do-it-yourself” investors to get the inside scoop on what people “in the know” are investing in. Granted, institutional investors typically have elaborate strategies at work, and may own a stock for decades or minutes. While the percentage of institutional ownership is just a snapshot, it is a good starting place.

The sorts of investors included under the term “institutional” are people with a massive wealth of resources – like hedge funds, mutual funds and pension funds. They have teams of analysts constantly reviewing the market and researching companies. They also tend to pick stocks that have strong upside potential and consistent growth – characteristics most “do-it-yourself” investors are looking for.

With that in mind, we used the stock screener at finviz.com to come up with a list of companies that have a high amount of institutional ownership – over 85%, in fact. We also limited our list to companies that pay dividends over 5%. High dividend stocks are excellent alternatives to long-term Treasury bonds that yield 2%. If these eight stocks don’t lose more than 30% of their value over the next 10 years, they will outperform the 10-year treasuries.

Avon Products, Inc. (AVP) is a personal products company with a $7.53 billion market cap. It pays a 5.27% dividend yield and has 85.23% institutional ownership. AVP carries an analyst recommendation of 2.30 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $17.47 a share. Jim Simons’ Renaissance Technologies initiated a new $13.85 million in AVP during the third quarter. Ray Dalio’s Bridgewater Associates is also a fan. The fund had $13.23 million in AVP at the end of September.

Mack-Cali-Realty Corp. (CLI) is an office real-estate investment trust (REIT) with a $2.26 billion market cap. It pays a 6.93% dividend yield and has 98.49% institutional ownership. CLI carries an analyst recommendation of 3.00 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $25.99 a share. D. E. Shaw’s D E Shaw, Chuck Royce’s Royce & Associates and Israel Englander’s Millennium Management are fans of CLI.

Duke Realty Corp. (DRE) is an office real-estate investment trust (REIT) with a $3.10 billion market cap. It pays a 5.55% dividend yield and has 91.85% institutional ownership. DRE carries an analyst recommendation of 2.10 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $12.25 a share. David Dreman’s Dreman Value Management had $30.87 million invested in DRE at the end of September. Ken Griffin’s Citadel Investment Group also upped its holding in the company during the third quarter.

Liberty Property Trust (LRY) is an office real-estate investment trust (REIT) with a $3.67 billion market cap. It pays a 6.00% dividend yield and has 99.58% institutional ownership. LRY carries an analyst recommendation of 2.80 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $31.66 a share. Jim Simons’ Renaissance Technologies had $7.01 million in LRY after increasing its position in the company by +88% in the third quarter. Israel Englander’s Millennium Management and Cliff Asness’ AQR Capital Management also held significant positions in LRY during the third quarter.

National Retail Properties, Inc. (NNN) is a diversified real-estate investment trust (REIT) with a $2.81 billion market cap. It pays a 5.73% dividend yield and has 89.31% institutional ownership. NNN carries an analyst recommendation of 2.50 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $26.86 a share. Ken Fisher’s Fisher Asset Management had $30.58 million in NNN at the end of the third quarter, while Chuck Royce’s Royce & Associates had $17.47 million in the company at the end of September.

Omega Healthcare Investors, Inc. (OHI) is a healthcare facilities real-estate investment trust (REIT) with a $2.03 billion market cap. It pays a 8.13% dividend yield and has 93.72% institutional ownership. OHI carries an analyst recommendation of 2.10 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $19.68 a share. David Dreman’s Dreman Value Management had $29.77 million invested in OHI at the end of September after increasing its stake in the company by +4% during the third quarter, while David Abrams’ Abrams Capital Management and Israel Englander’s Millennium Management initiated new positions.

Pitney Bowes, Inc. (PBI) is a business equipment company with a $3.79 billion market cap. It pays a 7.80% dividend yield and has 88.96% institutional ownership. PBI carries an analyst recommendation of 2.80 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $18.98 a share. Cliff Asness’ AQR Capital Management upped its stake in PBI during the third quarter by +95% to end September with $6.31 million invested in the company. David Dreman’s Dreman Value Management also upped its position.

R.R. Donnelley & Sons Company (RRD) is a business services company with a $2.82 billion market cap. It pays a 6.93% dividend yield and has 89.40% institutional ownership. RRD carries an analyst recommendation of 2.20 on a scale in which 1.0 means “Strong Buy” and 5.0 indicates “Sell”. It recently traded at $15.00 a share. Ron Gutfleish’s Elm Ridge Capital boosted its stake in RRD by +20% during the third quarter, bringing its total position in the company to $89.93 million. Larry Robbins’ Glenview Capital is also a fan.

Source: 8 High Dividend Stocks With High Institutional Ownership