What’s Ahead for Whitestone Reithares (NYSE:WSR) After Less Shorted Shares?

July 16, 2018 - By Jason Dias

Investors sentiment decreased to 1.19 in Q1 2018. Its down 0.27, from 1.46 in 2017Q4. It dived, as 14 investors sold Whitestone REIT shares while 29 reduced holdings. 13 funds opened positions while 38 raised stakes. 19.24 million shares or 4.85% less from 20.22 million shares in 2017Q4 were reported.
Morgan Stanley owns 0% invested in Whitestone REIT (NYSE:WSR) for 150,169 shares. Sector Pension Invest Board holds 24,100 shares. Dimensional Fund Advsrs L P reported 561,879 shares. Ubs Asset Mngmt Americas invested in 0% or 26,783 shares. Teachers Insur Annuity Association Of America reported 0.04% of its portfolio in Whitestone REIT (NYSE:WSR). Virginia Retirement Systems Et Al holds 35,100 shares or 0% of its portfolio. Cornerstone Advsr has invested 0% in Whitestone REIT (NYSE:WSR). Parametric Port Associate Ltd Limited Liability Company, Washington-based fund reported 43,729 shares. Raymond James Ser Advisors reported 53,666 shares stake. Vanguard Grp has 4.26 million shares. Moreover, Geode Capital Mngmt Limited Liability Corp has 0% invested in Whitestone REIT (NYSE:WSR) for 352,063 shares. Schnieders Cap Limited Liability Com holds 10,725 shares. 54,479 were reported by Royal Comml Bank Of Canada. Renaissance Technology Limited Co, a New York-based fund reported 98,400 shares. Teachers Retirement System Of The State Of Kentucky accumulated 12,354 shares.

Since March 5, 2018, it had 2 buys, and 0 selling transactions for $53,250 activity. Shares for $26,625 were bought by Mastandrea Christine J.

The stock of Whitestone Reithares (NYSE:WSR) registered a decrease of 1.1% in short interest. WSR’s total short interest was 3.54 million shares in July as published by FINRA. Its down 1.1% from 3.58M shares, reported previously. With 253,800 shares average volume, it will take short sellers 14 days to cover their WSR’s short positions. The short interest to Whitestone Reithares’s float is 9.58%.

The stock decreased 0.93% or $0.12 during the last trading session, reaching $12.75. About 99,722 shares traded. Whitestone REIT (NYSE:WSR) has risen 1.26% since July 16, 2017 and is uptrending. It has underperformed by 11.31% the S&P500.

Whitestone is a pure-play community-centered retail REIT that acquires, owns, manages, develops and redevelops high quality ??e-commerce resistant?? neighborhood, community and lifestyle retail centers principally located in the largest, fastest-growing and most affluent markets in the Sunbelt. The company has market cap of $521.19 million. Whitestone??s optimal mix of national, regional and local tenants provides daily necessities, needed services and entertainment to the community which are not readily available on the internet. It has a 51.62 P/E ratio. Whitestone??s properties are primarily located in business-friendly Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio, which are among the fastest-growing U.S. population centers with highly educated workforces, high household incomes and strong job growth.

Whitestone REIT (NYSE:WSR) Ratings Coverage

Among 5 analysts covering Whitestone REIT (NYSE:WSR), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Whitestone REIT had 8 analyst reports since January 22, 2018 according to SRatingsIntel. The firm earned “Buy” rating on Monday, March 5 by FBR Capital. The firm has “Buy” rating by Maxim Group given on Monday, April 30. Maxim Group maintained the shares of WSR in report on Tuesday, May 8 with “Buy” rating. The company was downgraded on Friday, March 2 by SunTrust. The firm earned “Market Outperform” rating on Thursday, March 29 by JMP Securities. On Monday, March 5 the stock rating was maintained by Maxim Group with “Buy”. SunTrust maintained the shares of WSR in report on Monday, January 22 with “Hold” rating.

Another recent and important Whitestone REIT (NYSE:WSR) news was published by Benzinga.com which published an article titled: “18 Stocks Moving In Friday’s Pre-Market Session” on July 06, 2018.

Whitestone REIT (NYSE:WSR) Institutional Positions Chart

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