Morguard Real Estate Inv. (TSE:MRT.UN) Insider Morguard Corporation Purchases 2,400 Shares

Morguard Real Estate Inv. (TSE:MRT.UN) insider Morguard Corporation purchased 2,400 shares of Morguard Real Estate Inv. stock in a transaction dated Wednesday, March 12th. The shares were purchased at an average cost of C$5.50 per share, for a total transaction of C$13,200.00.

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

• On Wednesday, March 5th, Morguard Corporation bought 5,200 shares of Morguard Real Estate Inv. stock. The shares were acquired at an average cost of C$5.50 per share, with a total value of C$28,600.00.
• On Monday, March 3rd, Morguard Corporation bought 8,100 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$44,550.00.
• On Friday, February 28th, Morguard Corporation purchased 5,500 shares of Morguard Real Estate Inv. stock. The shares were acquired 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 acquired 14,600 shares of Morguard Real Estate Inv. stock. The stock was bought 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 bought 8,400 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$46,200.00.
• On Friday, January 31st, Morguard Corporation purchased 19,100 shares of Morguard Real Estate Inv. stock. The shares were bought at an average price of C$5.55 per share, with a total value of C$106,005.00.
• On Tuesday, January 28th, Morguard Corporation acquired 8,000 shares of Morguard Real Estate Inv. stock. The stock was bought at an average price of C$5.55 per share, for a total transaction of C$44,400.00.
• On Thursday, January 23rd, Morguard Corporation bought 7,600 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$42,148.08.
• On Tuesday, January 21st, Morguard Corporation purchased 1,600 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$8,800.00.
• On Thursday, January 16th, Morguard Corporation bought 6,500 shares of Morguard Real Estate Inv. stock. The shares were purchased at an average cost of C$5.50 per share, for a total transaction of C$35,750.00.

Morguard Real Estate Inv. Price Performance

Shares of MRT.UN opened at C$5.63 on Friday. The company has a market cap of C$361.90 million, a P/E ratio of -3.39 and a beta of 1.40. Morguard Real Estate Inv. has a fifty-two week low of C$5.25 and a fifty-two week high of C$5.81. The company has a quick ratio of 0.04, a current ratio of 0.08 and a debt-to-equity ratio of 135.58. The firm’s 50 day moving average price is C$5.54 and its 200 day moving average price is C$5.54.

Wall Street Analyst Weigh In

Separately, TD Securities cut their price target on shares of Morguard Real Estate Inv. from C$6.00 to C$5.50 and set a “hold” rating on the stock in a research note 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.