Chartwell Retirement Residences (TSE:CSH.UN) Director Sells C$502,627.81 in Stock

Chartwell Retirement Residences (TSE:CSH.UN) Director Vlad Volodarski sold 31,872 shares of the company’s stock in a transaction dated Monday, September 16th. The stock was sold at an average price of C$15.77, for a total transaction of C$502,627.81.

Chartwell Retirement Residences Stock Down 0.9 %

Chartwell Retirement Residences stock traded down C$0.15 during mid-day trading on Monday, reaching C$15.80. The stock had a trading volume of 145,097 shares, compared to its average volume of 407,814. The company has a market capitalization of C$4.29 billion, a price-to-earnings ratio of -93.82 and a beta of 1.12. The company has a 50-day moving average price of C$14.07 and a two-hundred day moving average price of C$13.06. Chartwell Retirement Residences has a one year low of C$9.59 and a one year high of C$16.07. The company has a debt-to-equity ratio of 192.20, a current ratio of 0.43 and a quick ratio of 0.07.

Chartwell Retirement Residences Dividend Announcement

The company also recently declared a monthly dividend, which was paid on Thursday, August 15th. Investors of record on Thursday, August 15th were paid a $0.051 dividend. This represents a $0.61 dividend on an annualized basis and a yield of 3.87%. The ex-dividend date was Wednesday, July 31st. Chartwell Retirement Residences’s payout ratio is -358.82%.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CSH.UN. TD Securities upped their target price on shares of Chartwell Retirement Residences from C$17.00 to C$18.00 and gave the stock a “buy” rating in a research report on Wednesday, September 4th. CIBC upped their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Royal Bank of Canada upped their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research report on Monday, August 12th. Scotiabank upped their target price on shares of Chartwell Retirement Residences from C$15.50 to C$16.50 and gave the stock an “outperform” rating in a research report on Wednesday, September 11th. Finally, National Bankshares upped their price target on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the stock an “outperform” rating in a research note on Tuesday, August 13th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, Chartwell Retirement Residences presently has an average rating of “Buy” and an average target price of C$16.50.

About Chartwell Retirement Residences

Chartwell is an unincorporated, open-ended trust which indirectly owns and operates a complete range of seniors housing communities, from independent supportive living through assisted living to long term care. It is the largest operator in the Canadian seniors living sector with over 200 quality retirement communities in four provinces.