LDR Capital Management LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor purchased 462,316 shares of the real estate investment trust’s stock, valued at approximately $4,614,000. Wheeler Real Estate Investment Trust accounts for approximately 4.1% of LDR Capital Management LLC’s holdings, making the stock its 8th largest holding. LDR Capital Management LLC owned about 0.05% of Wheeler Real Estate Investment Trust at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Stilwell Value LLC purchased a new stake in Wheeler Real Estate Investment Trust during the 2nd quarter valued at $7,227,000. Boston Partners purchased a new stake in Wheeler Real Estate Investment Trust during the 3rd quarter valued at $2,475,000. Kovack Advisors Inc. purchased a new stake in Wheeler Real Estate Investment Trust during the 4th quarter valued at $245,000. Dimensional Fund Advisors LP purchased a new stake in Wheeler Real Estate Investment Trust during the 2nd quarter valued at $159,000. Finally, Virtu KCG Holdings LLC purchased a new stake in Wheeler Real Estate Investment Trust during the 2nd quarter valued at $103,000. 27.45% of the stock is owned by institutional investors and hedge funds.

Shares of Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) opened at $5.16 on Friday. Wheeler Real Estate Investment Trust Inc has a 12-month low of $4.75 and a 12-month high of $14.64. The company has a debt-to-equity ratio of 7.05, a current ratio of 3.37 and a quick ratio of 3.37. The company has a market cap of $45.12, a PE ratio of 3.88 and a beta of 0.84.

Wheeler Real Estate Investment Trust (NASDAQ:WHLR) last posted its earnings results on Thursday, November 9th. The real estate investment trust reported ($0.52) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.40 by ($0.92). Wheeler Real Estate Investment Trust had a negative return on equity of 16.99% and a negative net margin of 13.61%. The company had revenue of $15.20 million during the quarter, compared to analysts’ expectations of $14.62 million. research analysts predict that Wheeler Real Estate Investment Trust Inc will post 1.39 earnings per share for the current year.

Several equities research analysts have recently commented on WHLR shares. Compass Point cut shares of Wheeler Real Estate Investment Trust from a “buy” rating to a “neutral” rating in a research report on Friday, November 3rd. B. Riley reaffirmed a “buy” rating on shares of Wheeler Real Estate Investment Trust in a research report on Wednesday, November 1st. ValuEngine raised shares of Wheeler Real Estate Investment Trust from a “hold” rating to a “buy” rating in a research report on Friday, December 1st. Finally, Zacks Investment Research raised shares of Wheeler Real Estate Investment Trust from a “strong sell” rating to a “hold” rating in a research report on Saturday, January 13th. Four analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $13.80.

TRADEMARK VIOLATION NOTICE: “462,316 Shares in Wheeler Real Estate Investment Trust Inc (WHLR) Acquired by LDR Capital Management LLC” was originally published by TheOlympiaReport and is the property of of TheOlympiaReport. If you are viewing this report on another site, it was stolen and republished in violation of U.S. & international copyright & trademark law. The original version of this report can be read at https://theolympiareport.com/2018/02/11/462316-shares-in-wheeler-real-estate-investment-trust-inc-whlr-acquired-by-ldr-capital-management-llc.html.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc is a self-managed commercial real estate investment company. The Company focuses on acquiring and managing retail properties with a primary focus on grocery-anchored centers. As of December 31, 2016, the Company owned a portfolio consisting of 74 properties, including 59 retail shopping centers and five freestanding retail properties totaling 4,906,511 gross leasable square feet of which approximately 94% were leased, one office property, eight undeveloped land parcels totaling approximately 70 acres and one redevelopment project.

Want to see what other hedge funds are holding WHLR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR).

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

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.