Morguard Corporation Buys 40,100 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Morguard Corporation bought 40,100 shares of the company's stock in a transaction dated Monday, April 14th. The shares were purchased at an average price of C$5.55 per share, with a total value of C$222,534.95.

Morguard Corporation also recently made the following trade(s):

• On Friday, April 11th, Morguard Corporation purchased 7,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, with a total value of C$40,700.00.
• On Wednesday, April 9th, Morguard Corporation purchased 50,000 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.50 per share, with a total value of C$275,000.00.
• On Monday, April 7th, Morguard Corporation acquired 25,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.50 per share, with a total value of C$137,500.00.
• On Friday, April 4th, Morguard Corporation purchased 50,000 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.48 per share, for a total transaction of C$274,000.00.
• On Monday, March 31st, Morguard Corporation acquired 3,300 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, for a total transaction of C$18,150.00.
• On Wednesday, March 26th, Morguard Corporation purchased 20,400 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, for a total transaction of C$112,200.00.
• On Tuesday, March 18th, Morguard Corporation acquired 800 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$4,400.00.
• On Wednesday, March 12th, Morguard Corporation bought 2,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$13,200.00.
• On Wednesday, March 5th, Morguard Corporation bought 5,200 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.50 per share, with a total value of C$28,600.00.
• On Monday, March 3rd, Morguard Corporation purchased 8,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.50 per share, for a total transaction of C$44,550.00.

Morguard Real Estate Inv. Stock Performance

TSE:MRT.UN traded up C$0.05 during mid-day trading on Friday, hitting C$5.67. 600 shares of the stock were exchanged, compared to its average volume of 16,072. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08. The firm's 50-day simple moving average is C$5.55 and its 200 day simple moving average is C$5.56. Morguard Real Estate Inv. has a fifty-two week low of C$5.25 and a fifty-two week high of C$5.85. The stock has a market capitalization of C$364.47 million, a price-to-earnings ratio of -3.42 and a beta of 1.40.

Analyst Upgrades and Downgrades

Separately, TD Securities dropped their price objective on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a "hold" rating on the stock in a research note on Tuesday, February 18th.

About Morguard Real Estate Inv.

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.