H&R Real Estate Investment Trust (TSE:HR.UN – Get a rating) Director Ronald C. Rutman sold 15,000 shares of the company in a trade dated Thursday, January 12. The shares were sold at an average price of CA$12.70, for a total value of CA$190,554.00. As a result of the sale, the administrator now directly owns 1,295,559 shares of the company, valued at approximately C$16,458,263.31.
Ronald C. Rutman also recently made the following trade(s):
- On Tuesday, January 10, Ronald C. Rutman sold 20,000 shares of H&R Real Estate Investment Trust. The shares were sold at an average price of CA$12.26, for a total value of CA$245,204.00.
- On Tuesday, January 3, Ronald C. Rutman sold 20,000 shares of H&R Real Estate Investment Trust. The shares were sold at an average price of CA$12.21, for a total value of CA$244,218.00.
- On Wednesday, December 28, Ronald C. Rutman sold 17,700 shares of H&R Real Estate Investment Trust. The shares were sold at an average price of C$12.21, for a total value of C$216,090.45.
Price performance of the H&R Real Estate Investment Trust
Shares of TSE:HR.UN traded at C$0.02 on Friday, reaching C$12.84. 334,124 shares of the company were traded, against an average volume of 545,450. The company’s 50-day moving average is C$12.20 and its 200-day moving average is C$12.21. The stock has a market capitalization of C$3.41 billion and a PE ratio of 3.04. H&R Real Estate Investment Trust has a fifty-two week low of C$10.22 and a fifty-two week high of C$14.37. The company has a debt ratio of 73.59, a current ratio of 0.59 and a quick ratio of 0.19.
Changes to analyst ratings
Several research companies have recently commented on HR.UN. Scotiabank lowered its target price on H&R Real Estate Investment Trust from C$17.00 to C$16.25 in a Thursday, November 17 report. BMO Capital Markets lowered its target price on H&R Real Estate Investment Trust from C$17.00 to C$15.50 in a Thursday, November 17 report. National Bankshares raised its price target on H&R Real Estate Investment Trust from CA$13.50 to CA$14.25 and gave the company an “outperform” rating in a report released Wednesday, November 16. TD Securities lowered its target price on H&R Real Estate Investment Trust from C$16.00 to C$14.50 and set a “buy” rating for the company in a Thursday, October 20 report. Finally, Royal Bank of Canada lowered its price target on H&R Real Estate Investment Trust from CA$15.75 to CA$15.00 and set an “industry performance” rating for the company in a Wednesday report. November 16.
Company Profile 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 as of March 31, 2019. H&R REIT holds interests in a North American portfolio of office properties, of high-quality retail, industrial and residential comprising more than 43 million feet.
Further reading
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