Morguard Corporation Acquires 8,400 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN) insider Morguard Corporation purchased 8,400 shares of the company’s stock in a transaction dated Thursday, February 20th. The stock was purchased at an average price of C$5.50 per share, for a total transaction of C$46,200.00.

Morguard Corporation also recently made the following trade(s):

• On Friday, January 31st, Morguard Corporation bought 19,100 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.55 per share, with a total value of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation bought 8,000 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.55 per share, for a total transaction of C$44,400.00.
• On Thursday, January 23rd, Morguard Corporation purchased 7,600 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.55 per share, with a total value of C$42,148.08.
• On Tuesday, January 21st, Morguard Corporation acquired 1,600 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.50 per share, for a total transaction of C$8,800.00.
• On Thursday, January 16th, Morguard Corporation bought 6,500 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, with a total value of C$35,750.00.
• On Tuesday, January 14th, Morguard Corporation bought 14,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$79,200.00.
• On Tuesday, January 7th, Morguard Corporation purchased 21,100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.55 per share, for a total transaction of C$117,029.04.
• On Wednesday, December 18th, Morguard Corporation acquired 24,200 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.50 per share, with a total value of C$133,100.00.
• On Monday, December 16th, Morguard Corporation bought 15,800 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$86,887.36.
• On Thursday, December 12th, Morguard Corporation purchased 9,900 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.50 per share, with a total value of C$54,450.00.

Morguard Real Estate Inv. Stock Performance

Shares of Morguard Real Estate Inv. stock opened at C$5.51 on Friday. Morguard Real Estate Inv. has a 52 week low of C$5.25 and a 52 week high of C$5.81. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 135.58. The business has a 50 day moving average price of C$5.53 and a 200-day moving average price of C$5.53. The company has a market cap of C$354.18 million, a PE ratio of -3.32 and a beta of 1.40.

Analysts Set New Price Targets

Separately, TD Securities dropped their price objective on shares of Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating on the stock in a report on Tuesday, February 18th.

About Morguard Real Estate Inv.

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.