Walleye Capital LLC Invests $494,000 in Radius Global Infrastructure, Inc. (NASDAQ:RADI)

Walleye Capital LLC acquired a new position in shares of Radius Global Infrastructure, Inc. (NASDAQ:RADIGet Rating) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 32,402 shares of the company’s stock, valued at approximately $494,000.

Several other hedge funds have also modified their holdings of RADI. Assenagon Asset Management S.A. raised its holdings in shares of Radius Global Infrastructure by 438.6% during the 2nd quarter. Assenagon Asset Management S.A. now owns 1,567,224 shares of the company’s stock worth $23,916,000 after acquiring an additional 1,276,227 shares in the last quarter. BlackRock Inc. raised its holdings in shares of Radius Global Infrastructure by 21.4% during the 1st quarter. BlackRock Inc. now owns 5,580,603 shares of the company’s stock worth $79,693,000 after acquiring an additional 982,825 shares in the last quarter. Vanguard Group Inc. raised its holdings in Radius Global Infrastructure by 23.5% during the 1st quarter. Vanguard Group Inc. now owns 3,919,633 shares of the company’s stock valued at $55,973,000 after buying an additional 746,043 shares during the period. Westwood Holdings Group Inc. raised its holdings in Radius Global Infrastructure by 13.4% during the 1st quarter. Westwood Holdings Group Inc. now owns 5,737,046 shares of the company’s stock valued at $81,925,000 after buying an additional 679,272 shares during the period. Finally, Endeavour Capital Advisors Inc. raised its holdings in Radius Global Infrastructure by 55.8% during the 1st quarter. Endeavour Capital Advisors Inc. now owns 1,566,297 shares of the company’s stock valued at $22,367,000 after buying an additional 560,741 shares during the period. 94.00% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

RADI has been the topic of several recent research reports. Raymond James decreased their price target on Radius Global Infrastructure from $17.00 to $15.00 and set a “strong-buy” rating on the stock in a report on Thursday, November 10th. Credit Suisse Group decreased their price target on Radius Global Infrastructure from $21.00 to $18.00 and set an “outperform” rating on the stock in a report on Thursday, November 10th.

Radius Global Infrastructure Stock Performance

RADI stock opened at $10.84 on Wednesday. Radius Global Infrastructure, Inc. has a twelve month low of $7.97 and a twelve month high of $18.79. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of -67.75 and a beta of 1.50. The business’s fifty day simple moving average is $10.30 and its two-hundred day simple moving average is $13.19. The company has a quick ratio of 4.91, a current ratio of 4.91 and a debt-to-equity ratio of 2.06.

Radius Global Infrastructure Company Profile

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Radius Global Infrastructure, Inc, together with its subsidiaries, engages in the acquisition and rental of telecom real property interests and contractual rights. The company leases wireless towers or antennae, and other communications infrastructure. As of December 31, 2021, it had interests in 8,506 leases situated on 8,186 communications sites located in the United States and 19 other countries.

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Institutional Ownership by Quarter for Radius Global Infrastructure (NASDAQ:RADI)

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