Bsr Real Estate Investment Trust (TSE:HOM.U – Get Free Report) shares fell 0.8% on Thursday . The company traded as low as C$10.70 and last traded at C$10.70. 4,500 shares traded hands during trading, a decline of 85% from the average session volume of 29,689 shares. The stock had previously closed at C$10.79.
Analyst Ratings Changes
A number of brokerages recently weighed in on HOM.U. Raymond James decreased their price objective on shares of Bsr Real Estate Investment Trust from C$14.75 to C$14.00 and set an “outperform” rating for the company in a report on Tuesday, January 30th. TD Securities decreased their price objective on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.00 and set a “buy” rating for the company in a report on Thursday, March 14th.
View Our Latest Stock Analysis on HOM.U
Bsr Real Estate Investment Trust Price Performance
The firm’s 50-day moving average price is C$11.16 and its two-hundred day moving average price is C$11.20. The stock has a market cap of C$354.60 million, a PE ratio of -1.68 and a beta of 1.09. The company has a current ratio of 0.64, a quick ratio of 0.45 and a debt-to-equity ratio of 148.76.
Bsr Real Estate Investment Trust Announces Dividend
The firm also recently declared a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th will be given a $0.0433 dividend. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.52 annualized dividend and a dividend yield of 4.86%. Bsr Real Estate Investment Trust’s payout ratio is presently -8.18%.
Insider Transactions at Bsr Real Estate Investment Trust
In other news, Director Neil Joseph Labatte sold 64,300 shares of the company’s stock in a transaction that occurred on Monday, March 18th. The shares were sold at an average price of C$11.00, for a total value of C$707,300.00. In the last quarter, insiders acquired 2,850 shares of company stock valued at $31,119. Company insiders own 13.67% of the company’s stock.
About Bsr Real Estate Investment Trust
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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