Wheeler Real Estate Investment Trust (NASDAQ:WHLR) was upgraded by stock analysts at ValuEngine from a “sell” rating to a “hold” rating in a report released on Monday, October 29th.
NASDAQ:WHLR opened at $3.62 on Monday. The company has a debt-to-equity ratio of 17.23, a current ratio of 2.62 and a quick ratio of 2.62. Wheeler Real Estate Investment Trust has a one year low of $3.15 and a one year high of $11.87. The stock has a market capitalization of $33.97 million, a P/E ratio of 3.29 and a beta of 1.51.
An institutional investor recently raised its position in Wheeler Real Estate Investment Trust stock. Stilwell Value LLC grew its holdings in shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) by 3.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 882,099 shares of the real estate investment trust’s stock after buying an additional 32,116 shares during the period. Wheeler Real Estate Investment Trust accounts for about 3.2% of Stilwell Value LLC’s investment portfolio, making the stock its 11th biggest holding. Stilwell Value LLC owned 9.40% of Wheeler Real Estate Investment Trust worth $3,775,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 22.41% of the company’s stock.
Wheeler Real Estate Investment Trust Company Profile
Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc is a fully-integrated, self-managed commercial real estate investment company focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers. Wheeler's portfolio contains well-located, potentially dominant retail properties in secondary and tertiary markets that generate attractive, risk-adjusted returns, with a particular emphasis on grocery-anchored retail centers.
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