H&R Real Estate Investment Trust (TSE:HR.UN) Senior Officer Acquires C$34,966.07 in Stock

H&R Real Estate Investment Trust (TSE:HR.UN - Get Free Report) Senior Officer Robyn Kestenberg acquired 3,716 shares of the stock in a transaction on Friday, December 20th. The stock was bought at an average price of C$9.41 per share, with a total value of C$34,966.07.

H&R Real Estate Investment Trust Stock Performance

TSE:HR.UN traded down C$0.06 on Monday, hitting C$9.30. The stock had a trading volume of 948,616 shares, compared to its average volume of 471,068. The business's 50-day simple moving average is C$10.24 and its two-hundred day simple moving average is C$10.01. The stock has a market cap of C$2.44 billion, a price-to-earnings ratio of -11.34 and a beta of 1.98. H&R Real Estate Investment Trust has a 52-week low of C$8.63 and a 52-week high of C$11.67. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68.

Wall Street Analyst Weigh In

A number of analysts recently commented on HR.UN shares. Royal Bank of Canada raised H&R Real Estate Investment Trust from a "sector perform" rating to an "outperform" rating and set a C$11.50 price target for the company in a research note on Wednesday, December 11th. TD Securities boosted their price target on shares of H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the company a "buy" rating in a research report on Wednesday, September 4th. Finally, Scotiabank raised their price objective on shares of H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a report on Friday, November 15th.

About H&R Real Estate Investment Trust

H&R REIT is one of Canada's largest real estate investment trusts with total assets of approximately $14.5 billion at March 31, 2019. H&R REIT has ownership interests in a North American portfolio of high quality office, retail, industrial and residential properties comprising over 43 million square feet.