5 Most Undervalued REIT Stocks To Buy According To Hedge Funds

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1. VICI Properties Inc. (NYSE:VICI)

Number of Hedge Fund Investors In Q2 2023: 40

Latest P/E Ratio: 14.11

VICI Properties Inc. (NYSE:VICI) is a gaming real estate investment trust that manages some of the biggest casinos in the U.S. such as Caesars Palace and MGM Grand. The firm announced a $150 million investment partnership with a Texas based health and wellness firm in August to enable the latter to expand its operations.

40 out of the 910 hedge funds part of Insider Monkey’s Q2 2023 database had bought VICI Properties Inc. (NYSE:VICI)’s shares.  Ken Griffin’s Citadel Investment Group is the largest investor among these since it owns 5.2 million shares that are worth $163 million.

Follow Vici Properties Inc. (NYSE:VICI)

Disclosure: None.  You can also take a look at 16 Growing Dividend Stocks with Low PE Ratios and Top 25 Countries with the Most Facebook Users.

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