Gary Neil Whitelaw Purchases 4,000 Shares of Chartwell Retirement Residences (TSE:CSH.UN) Stock

Chartwell Retirement Residences (TSE:CSH.UN) Director Gary Neil Whitelaw bought 4,000 shares of the stock in a transaction that occurred on Monday, March 25th. The shares were purchased at an average price of C$12.25 per share, for a total transaction of C$49,000.00.

Chartwell Retirement Residences Trading Up 1.2 %

CSH.UN stock opened at C$12.35 on Thursday. The company has a debt-to-equity ratio of 258.26, a current ratio of 0.45 and a quick ratio of 0.07. The company has a fifty day moving average price of C$12.10 and a two-hundred day moving average price of C$11.27. Chartwell Retirement Residences has a one year low of C$8.10 and a one year high of C$12.46. The stock has a market cap of C$2.95 billion, a price-to-earnings ratio of -47.50 and a beta of 1.12.

Chartwell Retirement Residences Announces Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, April 15th. Shareholders of record on Monday, April 15th will be given a dividend of $0.051 per share. The ex-dividend date of this dividend is Wednesday, March 27th. This represents a $0.61 dividend on an annualized basis and a yield of 4.96%. Chartwell Retirement Residences’s dividend payout ratio (DPR) is -234.62%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on CSH.UN shares. TD Securities boosted their target price on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 and gave the stock a “buy” rating in a report on Monday, March 11th. CIBC boosted their target price on shares of Chartwell Retirement Residences from C$14.00 to C$15.00 in a report on Monday, March 11th. Finally, Scotiabank lifted their price objective on shares of Chartwell Retirement Residences from C$12.50 to C$14.00 and gave the stock an “outperform” rating in a research report on Friday, January 26th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat, Chartwell Retirement Residences presently has a consensus rating of “Buy” and an average price target of C$14.00.

Chartwell Retirement Residences Company Profile

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.