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

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

H&R Real Estate Investment Trust Trading Up 0.8 %

Shares of TSE:HR.UN opened at C$9.37 on Thursday. The company has a quick ratio of 0.19, a current ratio of 0.31 and a debt-to-equity ratio of 73.68. H&R Real Estate Investment Trust has a 52-week low of C$8.63 and a 52-week high of C$11.67. The stock has a market cap of C$2.46 billion, a price-to-earnings ratio of -11.43 and a beta of 1.98. The business has a 50-day moving average price of C$10.21 and a 200-day moving average price of C$10.01.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on HR.UN shares. Scotiabank increased their price target on H&R Real Estate Investment Trust from C$11.50 to C$11.75 in a research note on Friday, November 15th. TD Securities lifted their target price 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 note on Wednesday, September 4th. 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 price target on the stock in a research note 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.