Bsr Real Estate Investment Trust (TSE:HOM.U – Get Free Report) shares were down 0.8% during mid-day trading on Thursday . The company traded as low as C$10.70 and last traded at C$10.70. Approximately 4,500 shares traded hands during trading, a decline of 85% from the average daily volume of 29,689 shares. The stock had previously closed at C$10.79.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on HOM.U shares. Raymond James reduced their price objective 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 reduced their price target 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.
Check Out Our Latest Analysis on HOM.U
Bsr Real Estate Investment Trust Stock Up 1.0 %
Bsr Real Estate Investment Trust Dividend Announcement
The firm also recently disclosed a monthly dividend, which will be paid on Wednesday, May 15th. Investors of record on Wednesday, May 15th will be given a dividend of $0.0433 per share. The ex-dividend date of this dividend is Monday, April 29th. This represents a $0.52 annualized dividend and a dividend yield of 4.81%. Bsr Real Estate Investment Trust’s dividend payout ratio is presently -8.18%.
Insider Activity at Bsr Real Estate Investment Trust
In related news, Director Neil Joseph Labatte sold 64,300 shares of the business’s 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. Insiders have bought 2,850 shares of company stock worth $31,119 over the last three months. Company 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.
Further Reading
- Five stocks we like better than Bsr Real Estate Investment Trust
- What Are Growth Stocks and Investing in Them
- MarketBeat Week in Review – 4/15 – 4/19
- What is Insider Trading? What You Can Learn from Insider Trading
- Comprehensive Analysis of PayPal Stock
- What to Know About Investing in Penny Stocks
- Intuitive Surgical Stock Can Trend Much Higher This Year
Receive News & Ratings for Bsr Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bsr Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.