H&R Real Estate Investment Trust (TSE:HR.UN) Director Buys C$97,500.00 in Stock

H&R Real Estate Investment Trust (TSE:HR.UN) Director Ronald C. Rutman purchased 10,000 shares of the firm’s stock in a transaction on Wednesday, July 8th. The shares were acquired at an average cost of C$9.75 per share, for a total transaction of C$97,500.00. Following the completion of the acquisition, the director now owns 1,278,609 shares of the company’s stock, valued at C$12,466,437.75.

Ronald C. Rutman also recently made the following trade(s):

  • On Friday, June 26th, Ronald C. Rutman acquired 10,000 shares of H&R Real Estate Investment Trust stock. The shares were bought at an average price of C$9.75 per share, for a total transaction of C$97,500.00.
  • On Wednesday, June 24th, Ronald C. Rutman purchased 20,000 shares of H&R Real Estate Investment Trust stock. The stock was bought at an average price of C$9.84 per share, for a total transaction of C$196,758.00.
  • On Tuesday, May 19th, Ronald C. Rutman bought 20,000 shares of H&R Real Estate Investment Trust stock. The stock was purchased at an average cost of C$8.81 per share, for a total transaction of C$176,258.00.

Shares of HR.UN opened at C$9.57 on Friday. The firm has a market capitalization of $2.74 billion and a price-to-earnings ratio of -4.04. The company has a debt-to-equity ratio of 107.90, a current ratio of 0.40 and a quick ratio of 0.13. H&R Real Estate Investment Trust has a 1-year low of C$7.39 and a 1-year high of C$23.63. The company has a 50-day moving average of C$10.15 and a 200 day moving average of C$14.93.

Several equities analysts have commented on HR.UN shares. National Bank Financial lowered their price objective on shares of H&R Real Estate Investment Trust from C$16.25 to C$15.00 and set an “outperform” rating for the company in a research report on Tuesday, May 19th. Raymond James lowered their price target on shares of H&R Real Estate Investment Trust from C$14.00 to C$10.00 and set an “outperform” rating for the company in a report on Tuesday, May 19th. CIBC reduced their price objective on H&R Real Estate Investment Trust from C$22.00 to C$16.00 in a research note on Tuesday, May 19th. Royal Bank of Canada lowered their price objective on H&R Real Estate Investment Trust from C$24.00 to C$15.00 and set a “sector perform” rating for the company in a research note on Tuesday, May 19th. Finally, Scotiabank dropped their target price on H&R Real Estate Investment Trust from C$23.00 to C$14.00 in a report on Monday, April 20th.

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.

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Insider Buying and Selling by Quarter for H&R Real Estate Investment Trust (TSE:HR.UN)

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