Insider Buying: Morguard Real Estate Inv. (TSE:MRT.UN) Insider Acquires 5,200 Shares of Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Morguard Corporation purchased 5,200 shares of the stock in a transaction on Wednesday, March 5th. The stock was acquired at an average cost of C$5.50 per share, with a total value of C$28,600.00.

Morguard Corporation also recently made the following trade(s):

• On Monday, March 3rd, Morguard Corporation acquired 8,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, with a total value of C$44,550.00.
• On Friday, February 28th, Morguard Corporation acquired 5,500 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, with a total value of C$30,250.00.
• On Monday, February 24th, Morguard Corporation acquired 14,600 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, with a total value of C$80,300.00.
• On Thursday, February 20th, Morguard Corporation acquired 8,400 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, with a total value of C$46,200.00.
• On Friday, January 31st, Morguard Corporation acquired 19,100 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.55 per share, with a total value of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation acquired 8,000 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.55 per share, with a total value of C$44,400.00.
• On Thursday, January 23rd, Morguard Corporation acquired 7,600 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.55 per share, with a total value of C$42,148.08.
• On Tuesday, January 21st, Morguard Corporation acquired 1,600 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average price of C$5.50 per share, with a total value of C$8,800.00.
• On Thursday, January 16th, Morguard Corporation purchased 6,500 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, with a total value of C$35,750.00.
• On Tuesday, January 14th, Morguard Corporation purchased 14,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, with a total value of C$79,200.00.

Morguard Real Estate Inv. Stock Performance

TSE MRT.UN remained flat at C$5.53 on Monday. The company's stock had a trading volume of 8,400 shares, compared to its average volume of 13,847. Morguard Real Estate Inv. has a one year low of C$5.25 and a one year high of C$5.81. The company has a debt-to-equity ratio of 135.58, a current ratio of 0.08 and a quick ratio of 0.04. The company has a market cap of C$355.47 million, a PE ratio of -3.33 and a beta of 1.40. The firm has a fifty day simple moving average of C$5.54 and a two-hundred day simple moving average of C$5.54.

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Analyst Ratings Changes

Separately, TD Securities reduced their price target on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a "hold" rating for the company in a research report on Tuesday, February 18th.

Morguard Real Estate Inv. Company Profile

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.