Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLR) Major Shareholder Steamboat Capital Partners, Ll Acquires 8,220 Shares of Stock

Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRGet Rating) major shareholder Steamboat Capital Partners, Ll acquired 8,220 shares of the business’s stock in a transaction on Monday, November 21st. The stock was acquired at an average price of $1.82 per share, with a total value of $14,960.40. Following the acquisition, the insider now owns 32,717 shares in the company, valued at approximately $59,544.94. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

Steamboat Capital Partners, Ll also recently made the following trade(s):

  • On Monday, November 14th, Steamboat Capital Partners, Ll purchased 6,834 shares of Wheeler Real Estate Investment Trust stock. The stock was bought at an average price of $1.77 per share, with a total value of $12,096.18.
  • On Friday, November 11th, Steamboat Capital Partners, Ll purchased 8,417 shares of Wheeler Real Estate Investment Trust stock. The stock was bought at an average cost of $1.66 per share, with a total value of $13,972.22.
  • On Wednesday, November 9th, Steamboat Capital Partners, Ll acquired 15,193 shares of Wheeler Real Estate Investment Trust stock. The shares were bought at an average cost of $1.72 per share, for a total transaction of $26,131.96.

Wheeler Real Estate Investment Trust Price Performance

Shares of WHLR remained flat at $1.85 during midday trading on Thursday. The company’s stock had a trading volume of 1,897 shares, compared to its average volume of 13,060. Wheeler Real Estate Investment Trust, Inc. has a twelve month low of $1.13 and a twelve month high of $3.37. The company has a quick ratio of 3.09, a current ratio of 3.09 and a debt-to-equity ratio of 40.83. The business has a fifty day simple moving average of $1.60 and a 200 day simple moving average of $2.04.

Institutional Investors Weigh In On Wheeler Real Estate Investment Trust

Hedge funds have recently modified their holdings of the company. Renaissance Technologies LLC raised its stake in Wheeler Real Estate Investment Trust by 11.6% during the second quarter. Renaissance Technologies LLC now owns 120,646 shares of the real estate investment trust’s stock worth $306,000 after purchasing an additional 12,513 shares during the period. Eidelman Virant Capital increased its holdings in shares of Wheeler Real Estate Investment Trust by 2.9% during the 3rd quarter. Eidelman Virant Capital now owns 699,000 shares of the real estate investment trust’s stock worth $880,000 after buying an additional 20,000 shares during the last quarter. Almitas Capital LLC purchased a new stake in shares of Wheeler Real Estate Investment Trust during the 3rd quarter valued at approximately $65,000. Chilton Capital Management LLC lifted its holdings in Wheeler Real Estate Investment Trust by 400.0% in the third quarter. Chilton Capital Management LLC now owns 25,000 shares of the real estate investment trust’s stock valued at $32,000 after acquiring an additional 20,000 shares during the last quarter. Finally, Jane Street Group LLC acquired a new position in Wheeler Real Estate Investment Trust in the third quarter valued at approximately $31,000. Hedge funds and other institutional investors own 53.77% of the company’s stock.

About Wheeler Real Estate Investment Trust

(Get Rating)

Headquartered in Virginia Beach, VA, Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLR ) 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.

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