H&R Real Estate Investment Trust (TSE:HR.UN) Stock Price Passes Above 200 Day Moving Average of $12.19

H&R Real Estate Investment Trust (TSE:HR.UN – Get Rating)’s share price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$12.19 and traded as high as C$12.84. H&R Real Estate Investment Trust shares last traded at C$12.82, with a volume of 762,774 shares trading hands.

Analyst Ratings Changes

A number of equities research analysts have weighed in on HR.UN shares. Royal Bank of Canada lifted their price target on shares of H&R Real Estate Investment Trust from C$15.00 to C$15.25 and gave the company a “sector perform” rating in a research report on Wednesday, February 15th. CIBC dropped their price target on shares of H&R Real Estate Investment Trust from C$16.50 to C$16.00 and set an “outperform” rating for the company in a research note on Wednesday, November 16th. Scotiabank boosted their price target on shares of H&R Real Estate Investment Trust from C$16.25 to C$16.75 in a report on Wednesday, February 15th. National Bankshares boosted their price target on shares of H&R Real Estate Investment Trust from C$15.00 to C$15.25 and gave the stock an “outperform” rating in a report on Wednesday, February 15th. Finally, TD Securities boosted their price target on shares of H&R Real Estate Investment Trust from C$15.00 to C$15.50 and gave the stock a “buy” rating in a report on Wednesday, February 15th.

H&R Real Estate Investment Trust Price Performance

The stock has a fifty day moving average of C$12.86 and a 200-day moving average of C$12.19. The company has a quick ratio of 0.19, a current ratio of 0.71 and a debt-to-equity ratio of 76.01. The stock has a market capitalization of C$3.41 billion, a price-to-earnings ratio of 4.14 and a beta of 1.80.

Insider Activity at H&R Real Estate Investment Trust

In related news, Director Ronald C. Rutman sold 17,700 shares of H&R Real Estate Investment Trust stock in a transaction on Wednesday, December 28th. The shares were sold at an average price of C$12.21, for a total transaction of C$216,090.45. Following the sale, the director now directly owns 1,560,559 shares in the company, valued at approximately C$19,052,084.55. Insiders sold 72,700 shares of company stock valued at $896,066 over the last three months. 2.22% of the stock is owned by corporate insiders.

About H&R Real Estate Investment Trust

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H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.