Insider Buying: H&R Real Estate Investment Trust (TSE:HR.UN) Senior Officer Purchases 3,716 Shares of Stock

H&R Real Estate Investment Trust (TSE:HR.UN) Senior Officer Robyn Kestenberg bought 3,716 shares of the company’s stock in a transaction on Friday, December 20th. The shares were bought at an average price of C$9.41 per share, for a total transaction of C$34,966.07.

H&R Real Estate Investment Trust Stock Down 1.0 %

Shares of TSE:HR.UN traded down C$0.09 during midday trading on Monday, reaching C$9.27. The company had a trading volume of 214,076 shares, compared to its average volume of 468,051. The business’s 50 day moving average price is C$10.27 and its 200 day moving average price is C$10.01. H&R Real Estate Investment Trust has a 1-year low of C$8.63 and a 1-year 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. The stock has a market cap of C$2.43 billion, a PE ratio of -11.30 and a beta of 1.98.

Analyst Upgrades and Downgrades

HR.UN has been the topic of a number of research analyst reports. Royal Bank of Canada upgraded shares of H&R Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and set a C$11.50 price objective on the stock in a report on Wednesday, December 11th. TD Securities lifted their target price on 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 upped their price target on H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a research report on Friday, November 15th.

H&R Real Estate Investment Trust Company Profile

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.