5 Most Undervalued REIT Stocks To Buy According To Hedge Funds

4. Annaly Capital Management, Inc. (NYSE:NLY)

Number of Hedge Fund Holders: 21

Annaly Capital Management, Inc. (NYSE:NLY) is a mortgage REIT. Annaly Capital Management, Inc. (NYSE:NLY) ranks 4th in our list of the most undervalued REIT stocks to buy according to hedge funds. Annaly Capital Management, Inc. (NYSE:NLY) has a PE ratio of 2.99 as of February 2. A total of 21 hedge funds had stakes in Annaly Capital Management, Inc. (NYSE:NLY) at the end of the September quarter of 2022, compared to 24 funds in the previous quarter.