Published on 9 Feb 2021 on Insider Monkey via Yahoo Finance

Is MNR A Good Stock To Buy Now?

The Insider Monkey team has completed processing the quarterly 13F filings for the September quarter submitted by the hedge funds and other money managers included in our extensive database. Most hedge fund investors experienced strong gains on the back of a strong market performance, which certainly propelled them to adjust their equity holdings so as to maintain the desired risk profile. As a result, the relevancy of these public filings and their content is indisputable, as they may reveal numerous high-potential stocks. The following article will discuss the smart money sentiment towards Monmouth Real Estate Investment Corp. (NYSE:MNR).

Is MNR a good stock to buy now? Money managers were getting more optimistic. The number of long hedge fund positions increased by 6 lately. Monmouth Real Estate Investment Corp. (NYSE:MNR) was in 16 hedge funds' portfolios at the end of the third quarter of 2020. The all time high for this statistic is 14. This means the bullish number of hedge fund positions in this stock currently sits at its all time high. Our calculations also showed that MNR isn't among the 30 most popular stocks among hedge funds (click for Q3 rankings and see the video for a quick look at the top 5 stocks). There were 10 hedge funds in our database with MNR positions at the end of the second quarter.