H&R Real Estate Investment Trust (TSE:HR.UN) Senior Officer Robyn Kestenberg Purchases 3,716 Shares

H&R Real Estate Investment Trust (TSE:HR.UN) Senior Officer Robyn Kestenberg bought 3,716 shares of the firm’s stock in a transaction on Friday, December 20th. The stock was acquired 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 Up 0.8 %

Shares of TSE HR.UN opened at C$9.37 on Wednesday. The stock has a market capitalization of C$2.46 billion, a P/E ratio of -11.43 and a beta of 1.98. H&R Real Estate Investment Trust has a one year low of C$8.63 and a one year high of C$11.67. The firm’s 50 day simple moving average is C$10.21 and its two-hundred day simple moving average is C$10.01. The company has a debt-to-equity ratio of 73.68, a current ratio of 0.31 and a quick ratio of 0.19.

Analysts Set New Price Targets

HR.UN has been the topic of several research analyst reports. TD Securities upped their price objective on shares of H&R Real Estate Investment Trust from C$11.00 to C$12.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. Scotiabank increased their price target on shares of H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a report on Friday, November 15th. Finally, 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 target price for the company in a research report on Wednesday, December 11th.

About 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 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.