Wheeler Real Estate Investment Trust Inc (WHLR) Shares Bought by Stilwell Value LLC

Stilwell Value LLC lifted its stake in shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) by 3.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 882,099 shares of the real estate investment trust’s stock after purchasing an additional 32,116 shares during the period. Wheeler Real Estate Investment Trust accounts for 3.2% of Stilwell Value LLC’s investment portfolio, making the stock its 11th biggest holding. Stilwell Value LLC owned approximately 9.40% of Wheeler Real Estate Investment Trust worth $3,775,000 as of its most recent filing with the Securities & Exchange Commission.

Separately, Bank of New York Mellon Corp increased its stake in shares of Wheeler Real Estate Investment Trust by 93.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 28,673 shares of the real estate investment trust’s stock worth $116,000 after purchasing an additional 13,853 shares during the last quarter. Hedge funds and other institutional investors own 22.07% of the company’s stock.

Shares of WHLR stock traded down $0.11 during trading hours on Friday, hitting $3.28. 2,513 shares of the company were exchanged, compared to its average volume of 111,544. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 17.23. Wheeler Real Estate Investment Trust Inc has a 52-week low of $3.25 and a 52-week high of $11.87. The firm has a market cap of $31.15 million, a P/E ratio of 3.02 and a beta of 1.31.



Separately, ValuEngine upgraded shares of Wheeler Real Estate Investment Trust from a “strong sell” rating to a “sell” rating in a research note on Friday, August 3rd.

About Wheeler Real Estate Investment Trust

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.

Further Reading: Calculate Your Return on Investment (ROI)

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Institutional Ownership by Quarter for Wheeler Real Estate Investment Trust (NASDAQ:WHLR)

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