5 Most Undervalued REIT Stocks To Buy According To Hedge Funds

In this piece, we will take a look at the five most undervalued REIT stocks to buy according to hedge funds. If you want to take a deeper look at what’s happening in the real estate sector this year, then read 11 Most Undervalued REIT Stocks To Buy According To Hedge Funds.

5. Hersha Hospitality Trust (NYSE:HT)

Number of Hedge Fund Investors In Q2 2023: 17

Latest P/E Ratio: 2.07

Hersha Hospitality Trust (NYSE:HT) is a hospitality REIT that manages more than two dozen hotels all over the U.S. However, the firm is currently considering to sell some of its hotels. It has beaten analyst EPS estimates for all of its four latest quarters, and the shares are rated Buy on average.

During Q2 2023, 17 out of the 910 hedge funds part of Insider Monkey’s database had invested in Hersha Hospitality Trust (NYSE:HT). Out of these, the firm’s largest shareholder is Israel Englander’s Millennium Management since it owns 1.4 million shares that are worth $8.9 million.