Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 0.2% - Time to Sell?

Bsr Real Estate Investment Trust (TSE:HOM.U - Get Free Report) traded down 0.2% during trading on Tuesday . The stock traded as low as C$12.08 and last traded at C$12.23. 2,993 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 13,974 shares. The stock had previously closed at C$12.26.

Wall Street Analysts Forecast Growth

HOM.U has been the topic of several research reports. National Bankshares raised their target price on Bsr Real Estate Investment Trust from C$13.50 to C$14.00 and gave the stock a "sector perform" rating in a research report on Friday, March 7th. Royal Bank of Canada lowered their price objective 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 note on Friday, March 7th. One investment analyst has rated the stock with a hold rating and four have issued a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of C$15.10.

Bsr Real Estate Investment Trust Trading Up 1.8 %

The stock has a market capitalization of C$416.25 million, a PE ratio of -2.13 and a beta of 1.08. The stock's 50 day moving average price is C$12.42 and its 200-day moving average price is C$12.52. The company has a quick ratio of 0.45, a current ratio of 0.12 and a debt-to-equity ratio of 161.52.

Bsr Real Estate Investment Trust Dividend Announcement

The firm also recently declared a monthly dividend, which will be paid on Thursday, May 15th. Shareholders of record on Thursday, May 15th will be issued a dividend of $0.0467 per share. The ex-dividend date of this dividend is Wednesday, April 30th. This represents a $0.56 dividend on an annualized basis and a yield of 4.49%. Bsr Real Estate Investment Trust's dividend payout ratio is presently -9.56%.

Insider Transactions at Bsr Real Estate Investment Trust

In other news, Director Graham David Senst acquired 1,600 shares of the firm's stock in a transaction dated Tuesday, March 11th. The shares were acquired at an average cost of C$18.03 per share, with a total value of C$28,846.08. Corporate insiders own 13.69% of the company's stock.

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.