John Stanley Bailey Purchases 4,600 Shares of Bsr Real Estate Investment Trust (TSE:HOM.U) Stock
BSR Real Estate Investment Trust (TSE:HOM.U – Get Rating) Director John Stanley Bailey acquired 4,600 shares of the stock in a transaction dated Tuesday, May 24th. The stock was acquired at an average price of C$21.95 per share, for a total transaction of C$100,971.55. Following the completion of the acquisition, the director now directly owns 1,023,676 shares of the company’s stock, valued at C$22,470,032.16.
HOM.U stock traded down C$0.53 during midday trading on Tuesday, reaching C$17.08. 29,797 shares of the company were exchanged, compared to its average volume of 58,955. The company has a debt-to-equity ratio of 181.81, a current ratio of 0.73 and a quick ratio of 0.48. The business has a 50-day moving average price of C$19.54 and a two-hundred day moving average price of C$18.47. Bsr Real Estate Investment Trust has a one year low of C$12.13 and a one year high of C$22.17. The firm has a market capitalization of C$536.02 million and a price-to-earnings ratio of 1.94.
The business also recently disclosed a monthly dividend, which was paid on Monday, May 16th. Shareholders of record on Monday, May 16th were given a dividend of $0.0433 per share. The ex-dividend date was Thursday, April 28th. This represents a $0.52 dividend on an annualized basis and a yield of 3.04%. BSR Real Estate Investment Trust’s dividend payout ratio (DPR) is 5.55%.
HOM.U has been the topic of a number of recent analyst reports. Raymond James set a C$24.00 target price on shares of Bsr Real Estate Investment Trust and gave the stock a “strong-buy” rating in a report on Thursday, May 12th. Royal Bank of Canada lowered their target price on shares in Bsr Real Estate Investment Trust from C$24.00 to C$23.50 and set an “outperform” rating on the stock in a report on Thursday, May 12th. Finally, National Bankshares boosted their target price on shares of Bsr Real Estate Investment Trust from C$21.50 to C$24.50 and gave the stock an “outperform” rating in a report on Thursday, March 10th. One research analyst has rated the stock with a hold rating, five have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average target price of C$19.69.
About Bsr Real Estate Investment Trust (Get Rating)
BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.
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