5 Most Undervalued REIT Stocks To Buy According To Analysts

2. Urban Edge Properties (NYSE:UE)

Number of Hedge Fund Holders: 23

Average Upside Potential: 15.10%

PE Ratio as of March 5: 8.09

Average Analyst Price Target: $19.75

Urban Edge Properties (NYSE:UE) is a real estate investment trust with a primary focus on owning, managing, acquiring, developing, and redeveloping retail real estate in urban communities. Urban Edge Properties (NYSE:UE) is one of the most undervalued stocks to monitor. On February 14, the company reported a Q4 FFO as adjusted per diluted common share of $0.31 and a revenue of $116.5 million, up 14.7% on a year-over-year basis. 

According to Insider Monkey’s fourth quarter database, 23 hedge funds were bullish on Urban Edge Properties (NYSE:UE), compared to 19 funds in the prior quarter. Dmitry Balyasny’s Balyasny Asset Management is the largest stakeholder of the company, with 1.4 million shares valued at $26.3 million. 

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