Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) dropped 0.8% during trading on Thursday . The company traded as low as C$10.70 and last traded at C$10.70. Approximately 4,500 shares traded hands during trading, a decline of 85% from the average daily volume of 29,689 shares. The stock had previously closed at C$10.79.
Wall Street Analyst Weigh In
A number of research analysts recently weighed in on the stock. Raymond James lowered their target price on shares of Bsr Real Estate Investment Trust from C$14.75 to C$14.00 and set an "outperform" rating on the stock in a research note on Tuesday, January 30th. TD Securities lowered their target price on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.00 and set a "buy" rating on the stock in a research note on Thursday, March 14th.
Read Our Latest Analysis on HOM.U
Bsr Real Estate Investment Trust Stock Performance
The business's fifty day moving average price is C$11.15 and its two-hundred day moving average price is C$11.19. The company has a debt-to-equity ratio of 148.76, a quick ratio of 0.45 and a current ratio of 0.64. The stock has a market capitalization of C$358.24 million, a P/E ratio of -1.70 and a beta of 1.09.
Bsr Real Estate Investment Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th will be issued a $0.0433 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 4.81%. Bsr Real Estate Investment Trust's dividend payout ratio (DPR) is presently -8.18%.
Insider Transactions at Bsr Real Estate Investment Trust
In related news, Director Neil Joseph Labatte sold 64,300 shares of the company's stock in a transaction dated Monday, March 18th. The shares were sold at an average price of C$11.00, for a total transaction of C$707,300.00. Insiders have acquired a total of 2,850 shares of company stock worth $31,119 in the last three months. Insiders own 13.67% of the company's stock.
Bsr Real Estate Investment Trust Company Profile
(
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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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