5 Best Housing Stocks To Buy According to Hedge Funds

3. Zillow Group, Inc. (NASDAQ:Z)

Number of Hedge Fund Holders: 65

Zillow Group, Inc. (NASDAQ:Z) operates in the real estate industry through its real estate brands in mobile applications and websites, including Zillow Premier Agent, Zillow Home Loans, and Zillow Rentals, among others.

Based on 3 Wall Street analysts’ ratings in the last three months, Zillow Group, Inc. (NASDAQ:Z) has a consensus rating of Moderate Buy. The average price target of $62.50 represents an upside of 56.88% from the last price of $39.84, as of May 2.

Zillow Group, Inc. (NASDAQ:Z) is among the best housing stocks to buy according to hedge funds. In the fourth quarter of 2023, 65 hedge funds had stakes in Zillow Group, Inc. (NASDAQ:Z), with total positions worth $1.076 billion. Dorsal Capital Management is the most significant shareholder in the company with a position worth $176.473 million, as of Q4 of 2023.

Follow Zillow Inc (NASDAQ:Z)