Insider Buying: Bsr Real Estate Investment Trust (TSE:HOM.U) Director Acquires 1,600 Shares of Stock

Bsr Real Estate Investment Trust (TSE:HOM.U) Director Graham David Senst acquired 1,600 shares of the firm’s stock in a transaction that occurred on Tuesday, March 11th. The shares were bought at an average price of C$18.03 per share, for a total transaction of C$28,846.08.

Bsr Real Estate Investment Trust Price Performance

Bsr Real Estate Investment Trust stock traded down C$0.07 during mid-day trading on Tuesday, hitting C$12.53. 815 shares of the company traded hands, compared to its average volume of 14,666. Bsr Real Estate Investment Trust has a one year low of C$10.53 and a one year high of C$14.48. The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The stock has a market cap of C$418.25 million, a price-to-earnings ratio of -2.14 and a beta of 1.08. The stock has a fifty day moving average price of C$11.98 and a 200-day moving average price of C$12.82.

Bsr Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, February 17th. Shareholders of record on Monday, February 17th were paid a dividend of $0.0467 per share. This represents a $0.56 annualized dividend and a yield of 4.47%. The ex-dividend date of this dividend was Friday, January 31st. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is currently -9.56%.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on HOM.U shares. Royal Bank of Canada decreased their price target on Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an “outperform” rating on the stock in a research report on Friday. National Bankshares increased their target price on shares of Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the stock a “sector perform” rating in a research note on Friday. One analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$15.10.

Bsr Real Estate Investment Trust Company Profile

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.