Morguard Real Estate Inv. (TSE:MRT.UN) Insider Acquires C$18,150.00 in Stock

Morguard Real Estate Inv. (TSE:MRT.UN - Get Free Report) insider Morguard Corporation acquired 3,300 shares of the stock in a transaction dated Monday, March 31st. The stock was bought at an average price of C$5.50 per share, for a total transaction of C$18,150.00.

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

• On Wednesday, March 26th, Morguard Corporation bought 20,400 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.50 per share, for a total transaction of C$112,200.00.
• On Tuesday, March 18th, Morguard Corporation purchased 800 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.50 per share, with a total value of C$4,400.00.
• On Wednesday, March 12th, Morguard Corporation acquired 2,400 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.50 per share, for a total transaction of C$13,200.00.
• On Wednesday, March 5th, Morguard Corporation bought 5,200 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$28,600.00.
• On Monday, March 3rd, Morguard Corporation purchased 8,100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.50 per share, for a total transaction of C$44,550.00.
• On Friday, February 28th, Morguard Corporation acquired 5,500 shares of Morguard Real Estate Inv. stock. The stock was acquired 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 bought 14,600 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.50 per share, for a total transaction of C$80,300.00.
• On Thursday, February 20th, Morguard Corporation purchased 8,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost 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 shares were bought at an average cost of C$5.55 per share, for a total transaction of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation acquired 8,000 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.55 per share, with a total value of C$44,400.00.

Morguard Real Estate Inv. Stock Down 1.3 %

Shares of TSE:MRT.UN traded down C$0.07 during midday trading on Friday, hitting C$5.48. The stock had a trading volume of 140,063 shares, compared to its average volume of 16,257. The company has a market cap of C$352.25 million, a P/E ratio of -3.30 and a beta of 1.40. The business's 50-day simple moving average is C$5.56 and its 200-day simple moving average is C$5.56. Morguard Real Estate Inv. has a 12 month low of C$5.25 and a 12 month high of C$5.85. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 135.58.

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Analysts Set New Price Targets

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

About Morguard Real Estate Inv.

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.