Bsr Real Estate Investment Trust (TSE:HOM.U) PT Raised to C$15.00 at TD Securities

Bsr Real Estate Investment Trust (TSE:HOM.U) had its target price hoisted by TD Securities from C$14.00 to C$15.00 in a research note released on Thursday, BayStreet.CA reports. The brokerage currently has a buy rating on the stock.

Bsr Real Estate Investment Trust Stock Performance

TSE HOM.U opened at C$12.75 on Thursday. The stock has a market capitalization of C$424.45 million, a price-to-earnings ratio of -2.14 and a beta of 1.09. The business’s 50 day moving average is C$11.85 and its two-hundred day moving average is C$11.46. Bsr Real Estate Investment Trust has a 12-month low of C$9.99 and a 12-month high of C$13.04. The company has a current ratio of 0.12, a quick ratio of 0.45 and a debt-to-equity ratio of 149.54.

Bsr Real Estate Investment Trust Announces Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Thursday, August 15th. Shareholders of record on Thursday, August 15th will be given a $0.0433 dividend. This represents a $0.52 annualized dividend and a yield of 4.08%. The ex-dividend date of this dividend is Wednesday, July 31st. Bsr Real Estate Investment Trust’s payout ratio is -8.71%.

Insiders Place Their Bets

In related news, Director Graham David Senst bought 2,000 shares of the stock in a transaction on Thursday, May 16th. The shares were bought at an average cost of C$15.62 per share, for a total transaction of C$31,240.00. Insiders own 13.69% 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.