Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Buys C$12,129.37 in Stock

Flagship Communities Real Estate Investment Trust (TSE:MHC.UN) Director Kurtis Paul Keeney bought 492 shares of the business’s stock in a transaction dated Friday, March 28th. The stock was purchased at an average price of C$24.65 per share, for a total transaction of C$12,129.37.

Kurtis Paul Keeney also recently made the following trade(s):

• On Wednesday, March 26th, Kurtis Paul Keeney bought 701 shares of Flagship Communities Real Estate Investment Trust stock. The shares were acquired at an average price of C$24.78 per share, for a total transaction of C$17,372.31.
• On Thursday, March 20th, Kurtis Paul Keeney acquired 57 shares of Flagship Communities Real Estate Investment Trust stock. The stock was purchased at an average price of C$24.17 per share, with a total value of C$1,377.52.
• On Friday, March 14th, Kurtis Paul Keeney acquired 300 shares of Flagship Communities Real Estate Investment Trust stock. The shares were purchased at an average price of C$23.40 per share, with a total value of C$7,020.00.

Flagship Communities Real Estate Investment Trust Price Performance

TSE:MHC.UN traded down C$0.72 during trading hours on Monday, reaching C$24.01. The company had a trading volume of 2,425 shares, compared to its average volume of 2,387. Flagship Communities Real Estate Investment Trust has a 1-year low of C$18.00 and a 1-year high of C$24.80. The business’s 50 day moving average price is C$21.81 and its 200-day moving average price is C$21.07. The firm has a market cap of C$339.50 million, a PE ratio of 5.10 and a beta of 0.28.

Wall Street Analyst Weigh In

MHC.UN has been the subject of a number of recent research reports. Raymond James boosted their price objective on Flagship Communities Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company a “strong-buy” rating in a research note on Friday, March 14th. National Bankshares increased their price target on shares of Flagship Communities Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company an “outperform” rating in a report on Friday, March 14th. Finally, Desjardins increased their price objective on shares of Flagship Communities Real Estate Investment Trust from C$19.50 to C$20.50 and gave the stock a “buy” rating in a research report on Friday, March 14th. Four equities research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat, Flagship Communities Real Estate Investment Trust has a consensus rating of “Buy” and an average target price of C$20.10.

Flagship Communities Real Estate Investment Trust Company Profile

Flagship Communities 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 has been formed to own and operate a portfolio of income-producing manufactured housing communities located in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, and Illinois, including a fleet of manufactured homes for lease to residents of such housing communities.