Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) Releases Quarterly Earnings Results

Wheeler Real Estate Investment Trust (NASDAQ:WHLRP) announced its quarterly earnings data on Friday. The company reported ($14.55) EPS for the quarter, FiscalAI reports. The firm had revenue of $24.01 million for the quarter.

Wheeler Real Estate Investment Trust Trading Up 0.3%

Shares of WHLRP opened at $7.28 on Friday. Wheeler Real Estate Investment Trust has a 12-month low of $3.14 and a 12-month high of $7.75. The business’s fifty day moving average is $7.00 and its 200 day moving average is $5.68.

Hedge Funds Weigh In On Wheeler Real Estate Investment Trust

A hedge fund recently raised its stake in Wheeler Real Estate Investment Trust stock. Ursa Fund Management LLC increased its position in Wheeler Real Estate Investment Trust, Inc. (NASDAQ:WHLRP) by 57.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 197,292 shares of the company’s stock after purchasing an additional 71,992 shares during the period. Wheeler Real Estate Investment Trust makes up 0.9% of Ursa Fund Management LLC’s investment portfolio, making the stock its 5th largest holding. Ursa Fund Management LLC’s holdings in Wheeler Real Estate Investment Trust were worth $835,000 at the end of the most recent quarter.

About Wheeler Real Estate Investment Trust

Wheeler Real Estate Investment Trust, Inc (NASDAQ: WHLRP) is a real estate investment trust that specializes in the acquisition and management of single-tenant retail and industrial properties under long-term, triple-net leases. The company’s investment strategy focuses on securing creditworthy tenants—often in sectors such as automotive services, fast food, medical services and banking—to generate stable, predictable rental income over the life of each lease.

Wheeler REIT’s portfolio spans a broad range of lower-middle market properties across the United States, offering geographic diversification and reducing exposure to any single market or tenant.