5 Best REIT Stocks to Buy Right Now

2. Welltower Inc. (NYSE: WELL)

Number of Hedge Fund Holders: 26   

Welltower Inc. (NYSE: WELL) is an Ohio-based real estate trust that invests in healthcare infrastructure. It was founded in 1970 and is placed second on our list of 10 best REIT stocks to buy right now. It has a market cap of more than $30 billion and posted an annual revenue of close to $4.6 billion in 2020. The trust is placed on the S&P 500 and the Fortune 1000 list of big companies in the United States.

On May 3, Welltower Inc. (NYSE: WELL) stock was upgraded to Outperform by investment first RBC as the senior housing portfolio recovery got underway after a difficult 2020. The price target of Welltower was raised to $82 from $70  amid the likelihood of growth in the senior housing sector. 

At the end of the fourth quarter of 2020, 26 hedge funds in the database of Insider Monkey held stakes worth $538 million in the firm, up from 25 in the preceding quarter worth $603 million.