Morguard Corporation Acquires 20,400 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN) insider Morguard Corporation acquired 20,400 shares of the business’s stock in a transaction dated Wednesday, March 26th. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$112,200.00.

Morguard Corporation also recently made the following trade(s):

• On Tuesday, March 18th, Morguard Corporation purchased 800 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.50 per share, for a total transaction of C$4,400.00.
• On Wednesday, March 12th, Morguard Corporation acquired 2,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average cost of C$5.50 per share, with a total value of C$13,200.00.
• On Wednesday, March 5th, Morguard Corporation bought 5,200 shares of Morguard Real Estate Inv. stock. The stock was purchased at an average cost of C$5.50 per share, for a total transaction of C$28,600.00.
• On Monday, March 3rd, Morguard Corporation purchased 8,100 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.50 per share, with a total value of C$44,550.00.
• On Friday, February 28th, Morguard Corporation bought 5,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.50 per share, with a total value of C$30,250.00.
• On Monday, February 24th, Morguard Corporation purchased 14,600 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, for a total transaction of C$80,300.00.
• On Thursday, February 20th, Morguard Corporation acquired 8,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.50 per share, with a total value of C$46,200.00.
• On Friday, January 31st, Morguard Corporation bought 19,100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average price of C$5.55 per share, for a total transaction of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation purchased 8,000 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.55 per share, with a total value of C$44,400.00.
• On Thursday, January 23rd, Morguard Corporation acquired 7,600 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.55 per share, for a total transaction of C$42,148.08.

Morguard Real Estate Inv. Price Performance

MRT.UN opened at C$5.53 on Friday. Morguard Real Estate Inv. has a twelve month low of C$5.25 and a twelve month high of C$5.81. The firm has a market cap of C$355.47 million, a price-to-earnings ratio of -3.33 and a beta of 1.40. The company has a current ratio of 0.08, a quick ratio of 0.04 and a debt-to-equity ratio of 135.58. The company has a fifty day simple moving average of C$5.56 and a 200 day simple moving average of C$5.56.

Analyst Upgrades and Downgrades

Separately, TD Securities reduced their price target on Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating on the stock in a research report on Tuesday, February 18th.

About Morguard Real Estate Inv.

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 49 retail, office and industrial income producing properties in Canada with a book value of $3.0 billion and approximately 8.6 million square feet of leasable space.