5 Best REIT Stocks to Buy Right Now

4. Realty Income Corporation (NYSE: O)

Number of Hedge Fund Holders: 24      

Realty Income Corporation (NYSE: O) is a San Diego-based real estate trust that primarily invests in single tenant commercial properties. It was founded in 1969 and is placed fourth on our list of 10 best REIT stocks to buy right now. It has operations in the United Kingdom and Puerto Rico in addition to the United States. The 52-week price range of Realty stock lies between $47-$71. The trust manages more than 6,000 real estate properties under long-term leasing contracts.

On May 3, Realty Income Corporation (NYSE: O) said it was on track to reach 2021 investment guidance of $3.35 billion. Earlier that day, the firm posted earnings for the first quarter of 2021, reporting a revenue of $442 million, beating market estimates by more than $26 million. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm Two Sigma Advisors is a leading shareholder in the firm with 987,364 shares worth more than $61 million.