Nexus Industrial REIT (TSE:NXR.UN - Get Free Report) Director Kelly Clark Hanczyk bought 1,392 shares of the company's stock in a transaction on Friday, April 12th. The stock was purchased at an average cost of C$7.20 per share, for a total transaction of C$10,022.40.
Kelly Clark Hanczyk also recently made the following trade(s):
- On Tuesday, March 26th, Kelly Clark Hanczyk bought 1,336 shares of Nexus Industrial REIT stock. The stock was purchased at an average cost of C$7.48 per share, for a total transaction of C$9,993.28.
Nexus Industrial REIT Stock Performance
NXR.UN opened at C$7.14 on Friday. The firm has a market capitalization of C$490.95 million, a P/E ratio of 3.06 and a beta of 1.45. The stock's 50 day moving average price is C$7.72 and its two-hundred day moving average price is C$7.58. The company has a quick ratio of 0.12, a current ratio of 0.36 and a debt-to-equity ratio of 139.77. Nexus Industrial REIT has a 12-month low of C$6.08 and a 12-month high of C$9.97.
Nexus Industrial REIT Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, May 15th. Shareholders of record on Wednesday, May 15th will be issued a $0.0533 dividend. This represents a $0.64 dividend on an annualized basis and a yield of 8.96%. The ex-dividend date of this dividend is Monday, April 29th. Nexus Industrial REIT's dividend payout ratio (DPR) is currently 27.47%.
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A number of research analysts have recently commented on NXR.UN shares. Raymond James increased their price objective on Nexus Industrial REIT from C$9.25 to C$9.75 and gave the company an "outperform" rating in a report on Monday, January 8th. BMO Capital Markets lowered their price objective on Nexus Industrial REIT from C$8.50 to C$8.00 in a report on Monday, March 25th. National Bankshares lowered their price objective on Nexus Industrial REIT from C$8.75 to C$8.50 in a report on Friday, March 15th. TD Securities lowered their price objective on Nexus Industrial REIT from C$8.50 to C$8.00 and set a "hold" rating on the stock in a report on Friday, March 15th. Finally, CIBC lowered their price objective on Nexus Industrial REIT from C$10.50 to C$9.75 in a report on Friday, March 15th. Four research analysts have rated the stock with a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, Nexus Industrial REIT presently has an average rating of "Hold" and a consensus target price of C$8.93.
Read Our Latest Research Report on Nexus Industrial REIT
Nexus Industrial REIT Company Profile
(
Get Free Report)
Nexus is a growth oriented real estate investment trust focused on increasing unitholder value through the acquisition, ownership and management of industrial, office and retail properties located in primary and secondary markets in North America. The REIT currently owns a portfolio of 73 properties comprising approximately 4.1 million square feet of rentable area.
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