Bsr Real Estate Investment Trust (TSE:HOM.U) Shares Up 1.9% - Time to Buy?

Shares of Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) traded up 1.9% on Tuesday . The stock traded as high as C$13.37 and last traded at C$13.25. 63,426 shares were traded during trading, an increase of 335% from the average session volume of 14,564 shares. The stock had previously closed at C$13.00.

Analysts Set New Price Targets

Several research firms have weighed in on HOM.U. Royal Bank of Canada dropped their target price on shares of Bsr Real Estate Investment Trust from C$16.00 to C$15.50 and set an "outperform" rating on the stock in a research report on Friday, March 7th. National Bankshares upped their target price on Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the company a "sector perform" rating in a research report on Friday, March 7th. One investment analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of C$15.10.

Bsr Real Estate Investment Trust Trading Down 5.3 %

The company has a debt-to-equity ratio of 161.52, a current ratio of 0.12 and a quick ratio of 0.45. The firm has a market cap of C$418.92 million, a PE ratio of -2.14 and a beta of 1.08. The company's 50 day moving average price is C$12.25 and its 200 day moving average price is C$12.72.

Bsr Real Estate Investment Trust Dividend Announcement

The business also recently declared a monthly dividend, which was paid on Monday, February 17th. Shareholders of record on Monday, February 17th were given a $0.0467 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date was Friday, January 31st. Bsr Real Estate Investment Trust's dividend payout ratio is currently -9.56%.

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Insider Buying and Selling

In other Bsr Real Estate Investment Trust news, Director Graham David Senst bought 1,600 shares of the business's stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average price of C$18.03 per share, with a total value of C$28,846.08. 13.69% of the stock is owned by insiders.

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.