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

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Michelle deBoer-Jones
Published on
Vistry Group VTY
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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...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.