Bsr Real Estate Investment Trust (TSE:HOM.U) Stock Price Up 1% – Here’s What Happened

Bsr Real Estate Investment Trust (TSE:HOM.U)’s stock price rose 1% on Monday . The stock traded as high as C$13.34 and last traded at C$13.34. Approximately 2,516 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 14,410 shares. The stock had previously closed at C$13.21.

Wall Street Analyst Weigh In

HOM.U has been the topic of a number of research analyst reports. Royal Bank of Canada decreased their price objective on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an “outperform” rating on the stock in a report on Friday, March 7th. National Bankshares boosted their price objective 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 report on Friday, March 7th. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of C$15.10.

Bsr Real Estate Investment Trust Trading Up 1.0%

The business’s 50-day moving average price is C$12.63 and its two-hundred day moving average price is C$12.47. The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The firm has a market cap of C$445.29 million, a price-to-earnings ratio of -2.28 and a beta of 1.08.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Thursday, May 15th. Investors of record on Thursday, May 15th were given a dividend of $0.0467 per share. This represents a $0.56 annualized dividend and a yield of 4.20%. The ex-dividend date was Wednesday, April 30th. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is -9.56%.

Insider Buying and Selling

In other Bsr Real Estate Investment Trust news, Director Graham David Senst acquired 1,600 shares of the company’s stock in a transaction dated Tuesday, March 11th. The stock was bought at an average price of C$18.03 per share, with a total value of C$28,846.08. 13.69% of the stock is currently owned by company insiders.

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.