Franklin Street Properties Corp. (FSP): Are Hedge Funds Right About This Stock?

Let’s also examine hedge fund activity in other stocks similar to Franklin Street Properties Corp. (NYSEAMEX:FSP). We will take a look at Physicians Realty Trust (NYSE:DOC), Advanced Energy Industries, Inc. (NASDAQ:AEIS), ServisFirst Bancshares, Inc. (NASDAQ:SFBS), and Hersha Hospitality Trust (NYSE:HT). This group of stocks’ market valuations match FSP’s market valuation.

As you can see these stocks had an average of 12.25 hedge funds with bullish positions and the average amount invested in these stocks was $61 million. That figure was $79 million in FSP’s case. Physicians Realty Trust (NYSE:DOC) is the most popular stock in this table. On the other hand Hersha Hospitality Trust (NYSE:HT) is the least popular one with only 9 bullish hedge fund positions. Franklin Street Properties Corp. (NYSEAMEX:FSP) is not the most popular stock in this group but hedge fund interest is still above average. That, when taken in combination with the rise in the total number of funds long the stock, makes FSP worth a closer look.