Kurtis Paul Keeney Purchases 701 Shares of Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney bought 701 shares of the firm’s stock in a transaction dated Wednesday, March 26th. The stock was acquired at an average cost of C$24.78 per share, with a total value of C$17,372.31.

Kurtis Paul Keeney also recently made the following trade(s):

• On Thursday, March 20th, Kurtis Paul Keeney acquired 57 shares of Flagship Communities Real Estate Investment Trust stock. The stock was acquired at an average cost of C$24.17 per share, with a total value of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney bought 300 shares of Flagship Communities Real Estate Investment Trust stock. The stock was acquired at an average price of C$23.40 per share, for a total transaction of C$7,020.00.

Flagship Communities Real Estate Investment Trust Stock Performance

Shares of Flagship Communities Real Estate Investment Trust stock traded down C$0.59 during midday trading on Wednesday, reaching C$24.21. 1,150 shares of the company’s stock traded hands, compared to its average volume of 2,384. Flagship Communities Real Estate Investment Trust has a 52 week low of C$18.00 and a 52 week high of C$24.80. The company’s 50 day simple moving average is C$21.57 and its 200 day simple moving average is C$20.98. The company has a market cap of C$342.33 million, a price-to-earnings ratio of 5.14 and a beta of 0.28.

Analyst Upgrades and Downgrades

MHC.UN has been the subject of several research reports. National Bankshares raised their price target on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the stock an “outperform” rating in a report on Friday, March 14th. Desjardins lifted their target price on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the company a “buy” rating in a research note on Friday, March 14th. Finally, Raymond James upped their price target on shares of Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock a “strong-buy” rating in a research note on Friday, March 14th. Four analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, Flagship Communities Real Estate Investment Trust currently has an average rating of “Buy” and an average price target of C$20.10.

About Flagship Communities Real Estate Investment Trust

Flagship Communities 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.