Vlad Volodarski Sells 31,872 Shares of Chartwell Retirement Residences (TSE:CSH.UN) Stock

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

Chartwell Retirement Residences Stock Performance

Shares of CSH.UN opened at C$15.58 on Wednesday. The company has a market capitalization of C$4.23 billion, a price-to-earnings ratio of -91.65 and a beta of 1.12. Chartwell Retirement Residences has a 52-week low of C$9.59 and a 52-week high of C$16.07. The company has a quick ratio of 0.07, a current ratio of 0.43 and a debt-to-equity ratio of 192.20. The stock has a 50 day moving average price of C$14.13 and a 200 day moving average price of C$13.09.

Chartwell Retirement Residences Dividend Announcement

The business also recently announced a monthly dividend, which was paid on Thursday, August 15th. Stockholders of record on Thursday, August 15th were issued a $0.051 dividend. This represents a $0.61 annualized dividend and a dividend yield of 3.93%. The ex-dividend date of this dividend was Wednesday, July 31st. Chartwell Retirement Residences’s payout ratio is -358.82%.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. National Bankshares increased their price target on Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Tuesday, August 13th. CIBC raised their target price on shares of Chartwell Retirement Residences from C$15.00 to C$16.50 and gave the company an “outperform” rating in a report on Monday, August 12th. TD Securities boosted their price target on shares of Chartwell Retirement Residences from C$17.00 to C$18.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Royal Bank of Canada increased their price objective on shares of Chartwell Retirement Residences from C$15.00 to C$16.00 and gave the company an “outperform” rating in a research report on Monday, August 12th. Finally, Scotiabank lifted their price objective 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. Six equities research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus 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.