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 price objective boosted by TD Securities from C$14.00 to C$15.00 in a report released on Thursday, BayStreet.CA reports. The firm currently has a buy rating on the stock.

Bsr Real Estate Investment Trust Trading Up 0.8 %

TSE HOM.U opened at C$12.75 on Thursday. Bsr Real Estate Investment Trust has a one year low of C$9.99 and a one year high of C$13.04. The company has a debt-to-equity ratio of 149.54, a current ratio of 0.12 and a quick ratio of 0.45. The firm has a market cap of C$424.45 million, a P/E ratio of -2.14 and a beta of 1.09. The stock’s 50-day moving average is C$11.85 and its 200-day moving average is C$11.46.

Bsr Real Estate Investment Trust Dividend Announcement

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

Insider Buying and Selling

In related news, Director Graham David Senst acquired 2,000 shares of the firm’s stock in a transaction dated Thursday, May 16th. The stock was bought at an average price of C$15.62 per share, for a total transaction of C$31,240.00. 13.69% of the stock is currently owned by corporate insiders.

About Bsr Real Estate Investment Trust

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.