Bsr Real Estate Investment Trust (TSE:HOM.U) Trading Down 1.2% – Time to Sell?

Shares of Bsr Real Estate Investment Trust (TSE:HOM.U) were down 1.2% during trading on Friday . The company traded as low as C$12.24 and last traded at C$12.30. Approximately 18,784 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 32,575 shares. The stock had previously closed at C$12.45.

Analyst Upgrades and Downgrades

Separately, Scotiabank upgraded shares of Bsr Real Estate Investment Trust from a “sector perform” rating to an “outperform” rating and lifted their target price for the company from C$15.50 to C$16.50 in a report on Tuesday, September 3rd.

Bsr Real Estate Investment Trust Stock Performance

The company has a debt-to-equity ratio of 161.52, a quick ratio of 0.45 and a current ratio of 0.12. The stock has a fifty day simple moving average of C$13.04 and a two-hundred day simple moving average of C$12.79. The stock has a market cap of C$410.57 million, a PE ratio of -2.10 and a beta of 1.08.

Bsr Real Estate Investment Trust Announces Dividend

The company also recently announced a monthly dividend, which was paid on Monday, December 16th. Stockholders of record on Monday, December 16th were paid a $0.0467 dividend. The ex-dividend date was Saturday, November 30th. This represents a $0.56 annualized dividend and a dividend yield of 4.56%. Bsr Real Estate Investment Trust’s dividend payout ratio (DPR) is presently -9.56%.

About Bsr Real Estate Investment Trust

BSR Real Estate Investment Trust is an internally managed, unincorporated, open-ended real estate investment trust established pursuant to a declaration of trust under the laws of the Province of Ontario. The REIT owns a portfolio of multifamily garden-style residential properties located in attractive primary and secondary markets in the Sunbelt region of the United States.