Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 0.8%

Bsr Real Estate Investment Trust (TSE:HOM.U) shares traded down 0.8% during trading on Thursday . The company traded as low as C$10.70 and last traded at C$10.70. 4,500 shares were traded during mid-day trading, a decline of 85% from the average session volume of 29,689 shares. The stock had previously closed at C$10.79.

Analysts Set New Price Targets

HOM.U has been the subject of several analyst reports. Raymond James lowered their target price on Bsr Real Estate Investment Trust from C$14.75 to C$14.00 and set an “outperform” rating for the company in a research report on Tuesday, January 30th. TD Securities lowered their target price on Bsr Real Estate Investment Trust from C$16.00 to C$15.00 and set a “buy” rating for the company in a research report on Thursday, March 14th.

Bsr Real Estate Investment Trust Stock Performance

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 company has a 50 day moving average price of C$11.16 and a 200 day moving average price of C$11.20. The company has a market capitalization of C$354.60 million, a price-to-earnings ratio of -1.68 and a beta of 1.09.

Bsr Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Stockholders of record on Wednesday, May 15th will be paid a $0.0433 dividend. The ex-dividend date is Monday, April 29th. This represents a $0.52 annualized dividend and a dividend yield of 4.86%. Bsr Real Estate Investment Trust’s dividend payout ratio is presently -8.18%.

Insider Buying and Selling at Bsr Real Estate Investment Trust

In other Bsr Real Estate Investment Trust news, Director Neil Joseph Labatte sold 64,300 shares of Bsr Real Estate Investment Trust stock in a transaction dated Monday, March 18th. The stock was sold at an average price of C$11.00, for a total transaction of C$707,300.00. In the last quarter, insiders purchased 2,850 shares of company stock worth $31,119. Insiders own 13.67% of the company’s stock.

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.