$0.35 EPS Expected for Wheeler Real Estate Investment Trust Inc (WHLR)

in news •  7 years ago 

Investors sentiment decreased to 0.71 in Q4 2016. Its down 0.64, from 1.35 in 2016Q3. It turned negative, as 5 investors sold Wheeler Real Estate Investment Trust Inc shares while 16 reduced holdings. 6 funds opened positions while 9 raised stakes. 25.69 million shares or 9.73% less from 28.46 million shares in 2016Q3 were reported.
Guggenheim Capital, Illinois-based fund reported 15,631 shares. State Street reported 22,300 shares. Deutsche Fincl Bank Ag reported 161,888 shares. Geode Capital Mgmt Ltd Liability Com has invested 0% in Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR). Eidelman Virant invested 0.18% in Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR). Macquarie Group Inc Inc Ltd has invested 0% in Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR). Orinda Asset Mngmt Limited Com reported 3.13 million shares. Royal Bancorp Of Canada reported 0% of its portfolio in Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR). Parametric Assoc Lc accumulated 49,930 shares. Asset Management One Limited stated it has 0% of its portfolio in Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR). Credit Agricole S A reported 3,200 shares stake. Price Michael F accumulated 2.37M shares. Metropolitan Life owns 3,726 shares. Sumitomo Mitsui Tru Holdg holds 59,242 shares. Bulldog Ltd Liability Company holds 1.12% or 2.58M shares in its portfolio.

Since March 27, 2017, it had 5 insider purchases, and 1 insider sale for $102,582 activity. Shares for $29,187 were sold by Graham Wilkes Jackson. Sweet John bought $8,630 worth of stock. Wheeler Jon S bought $50,998 worth of stock. 5,000 shares were bought by Zwerdling Jeffrey M., worth $49,760. Kelly David bought 2,121 shares worth $21,265.

Analysts await Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) to report earnings on August, 8 after the close. They expect $0.35 EPS, up 9.37 % or $0.03 from last year’s $0.32 per share. WHLR’s profit will be $3.02 million for 7.63 P/E if the $0.35 EPS becomes a reality. After $0.31 actual EPS reported by Wheeler Real Estate Investment Trust Inc for the previous quarter, Wall Street now forecasts 12.90 % EPS growth. The stock decreased 0.09% or $0.01 on July 31, reaching $10.68. About 44,680 shares traded. Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) has declined 24.26% since August 1, 2016 and is downtrending. It has underperformed by 40.96% the S&P500.

Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) Ratings Coverage
Among 3 analysts covering Wheeler Real Estate Investment Trust (NASDAQ:WHLR), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Wheeler Real Estate Investment Trust had 7 analyst reports since August 12, 2015 according to SRatingsIntel. Maxim Group maintained the stock with “Buy” rating in Wednesday, August 12 report. As per Wednesday, May 24, the company rating was downgraded by JMP Securities. JMP Securities downgraded Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) on Monday, August 22 to “Mkt Perform” rating. The stock has “Mkt Outperform” rating by JMP Securities on Monday, January 9. The firm earned “Buy” rating on Wednesday, March 1 by Maxim Group. The rating was initiated by Wunderlich with “Buy” on Friday, January 27. Maxim Group maintained Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) on Thursday, March 10 with “Buy” rating.

Wheeler Real Estate Investment Trust, Inc. is a self-managed commercial real estate investment company. The company has market cap of $92.02 million. The Firm focuses on acquiring and managing retail properties with a primary focus on grocery-anchored centers. It currently has negative earnings. 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.

More notable recent Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) news were published by: Globenewswire.com which released: “Wheeler Real Estate Investment Trust, Inc. Announces 2017 Second Quarter …” on July 12, 2017, also Nasdaq.com with their article: “Stilwell Value LLC Buys Wheeler Real Estate Investment Trust Inc, First South …” published on July 24, 2017, Globenewswire.com published: “Wheeler Real Estate Investment Trust, Inc. Pre-Announces Fourth Quarter 2016 …” on January 30, 2017. More interesting news about Wheeler Real Estate Investment Trust Inc (NASDAQ:WHLR) were released by: Globenewswire.com and their article: “Wheeler Real Estate Investment Trust, Inc. Announces Tax Treatment of 2016 …” published on March 08, 2017 as well as Seekingalpha.com‘s news article titled: “Wheeler REIT Is Still Going To Zero” with publication date: June 02, 2017.

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