Morguard Corporation Purchases 6,000 Shares of Morguard Real Estate Inv. (TSE:MRT.UN) Stock

Morguard Real Estate Inv. (TSE:MRT.UN) insider Morguard Corporation bought 6,000 shares of the firm’s stock in a transaction dated Wednesday, May 7th. The stock was purchased at an average price of C$5.55 per share, for a total transaction of C$33,300.00.

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

• On Monday, May 5th, Morguard Corporation purchased 8,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average price of C$5.51 per share, with a total value of C$46,862.20.
• On Monday, April 14th, Morguard Corporation bought 40,100 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.55 per share, for a total transaction of C$222,534.95.
• On Friday, April 11th, Morguard Corporation bought 7,400 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$40,700.00.
• On Wednesday, April 9th, Morguard Corporation purchased 50,000 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.50 per share, for a total transaction of C$275,000.00.
• On Monday, April 7th, Morguard Corporation acquired 25,000 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average price of C$5.50 per share, with a total value of C$137,500.00.
• On Friday, April 4th, Morguard Corporation bought 50,000 shares of Morguard Real Estate Inv. stock. The stock was acquired at an average cost of C$5.48 per share, for a total transaction of C$274,000.00.
• On Monday, March 31st, Morguard Corporation purchased 3,300 shares of Morguard Real Estate Inv. stock. The stock was bought at an average cost of C$5.50 per share, with a total value of C$18,150.00.
• On Wednesday, March 26th, Morguard Corporation acquired 20,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$112,200.00.
• On Tuesday, March 18th, Morguard Corporation bought 800 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.50 per share, with a total value of C$4,400.00.
• On Wednesday, March 12th, Morguard Corporation purchased 2,400 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.50 per share, for a total transaction of C$13,200.00.

Morguard Real Estate Inv. Stock Up 2.2 %

MRT.UN stock opened at C$5.67 on Friday. Morguard Real Estate Inv. has a one year low of C$5.29 and a one year high of C$5.85. The firm has a market cap of C$364.47 million, a PE ratio of -3.42 and a beta of 1.40. The firm’s 50 day moving average price is C$5.57 and its 200-day moving average price is C$5.55. The company has a debt-to-equity ratio of 135.58, a quick ratio of 0.04 and a current ratio of 0.08.

Analyst Ratings Changes

Separately, TD Securities cut their price objective on shares of Morguard Real Estate Inv. from C$5.50 to C$5.00 and set a “hold” rating for the company in a research report on Monday, May 5th.

Morguard Real Estate Inv. Company Profile

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.