Equities researchers at StockNews.com started coverage on shares of Wheeler Real Estate Investment Trust (NASDAQ:WHLR – Get Free Report) in a research note issued to investors on Wednesday. The firm set a “sell” rating on the real estate investment trust’s stock.
Wheeler Real Estate Investment Trust Stock Up 5.7 %
Shares of WHLR traded up $1.06 during trading hours on Wednesday, reaching $19.51. The stock had a trading volume of 37,270 shares, compared to its average volume of 60,787. The company has a market cap of $11.12 million, a P/E ratio of 0.00 and a beta of 1.58. Wheeler Real Estate Investment Trust has a 52 week low of $7.35 and a 52 week high of $1,130.40. The firm has a 50-day moving average of $14.01 and a 200 day moving average of $23.67.
Institutional Trading of Wheeler Real Estate Investment Trust
An institutional investor recently bought a new position in Wheeler Real Estate Investment Trust stock. Bandera Partners LLC acquired a new position in shares of Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR – Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 2,435,309 shares of the real estate investment trust’s stock, valued at approximately $743,000. Wheeler Real Estate Investment Trust accounts for 0.2% of Bandera Partners LLC’s portfolio, making the stock its 18th largest position. Bandera Partners LLC owned about 75.40% of Wheeler Real Estate Investment Trust as of its most recent SEC filing. Institutional investors and hedge funds own 35.28% of the company’s stock.
Wheeler Real Estate Investment Trust Company Profile
Headquartered in Virginia Beach, Virginia, Wheeler Real Estate Investment Trust, Inc is a fully integrated, self-managed commercial real estate investment trust (REIT) focused on owning and operating income-producing retail properties with a primary focus on grocery-anchored centers.
Further Reading
- Five stocks we like better than Wheeler Real Estate Investment Trust
- Why Special Dividends Can be a Delightful Surprise for Income Investors
- AbbVie Stock: A Perfect Dip for Investors to Buy
- Investing in the High PE Growth Stocks
- Forget NVIDIA: Super Micro Computer Stock Leads in Momentum
- Financial Services Stocks Investing
- GitLab Stock Rebounds: The Inside Story of Its Comeback
Receive News & Ratings for Wheeler Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Wheeler Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.