Insider Buying: Primaris Real Estate Investment Trust (TSE:PMZ) Senior Officer Purchases 1,000 Shares of Stock

Primaris Real Estate Investment Trust (TSE:PMZ) Senior Officer Leslie Buist purchased 1,000 shares of Primaris Real Estate Investment Trust stock in a transaction dated Friday, December 20th. The stock was bought at an average price of C$15.10 per share, for a total transaction of C$15,100.00.

Primaris Real Estate Investment Trust Price Performance

Primaris Real Estate Investment Trust Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, December 16th. Shareholders of record on Friday, November 29th were paid a $0.07 dividend. This represents a $0.84 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend was Friday, November 29th.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. Canaccord Genuity Group raised Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Friday, September 27th. National Bank Financial raised Primaris Real Estate Investment Trust to a “hold” rating in a research note on Wednesday, October 9th. Royal Bank of Canada raised Primaris Real Estate Investment Trust to a “moderate buy” rating in a research note on Monday, December 2nd. Finally, TD Securities raised Primaris Real Estate Investment Trust to a “strong-buy” rating in a research note on Thursday, September 5th. Two research analysts have rated the stock with a hold rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy”.