This Mid-Cap Stock Has Plunged Over the Last Year, But Things May Finally Be Turning Around

U.K. homebuilder Vistry Group PLC (LON:VTY) is topping our list of interesting hedge fund ideas this week.

Shares of Vistry Group are off by about 28% year to date, potentially presenting a buying opportunity, at least according to some hedge fund managers. One estimate suggests institutional investors own 70% of the company, with hedge funds holding 18% of it.

Vistry Group is an interesting stock for those interested in turnaround or transition stories and aggressive share repurchases.

Background on Vistry Group

According to the company, it builds more homes in the U.K. than any other company, and it builds them responsibly and "develops places people love to live." Vistry also describes itself as "the U.K.'s leading provider of affordable mixed tenure...