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HealthLease Properties Real Estate Inve (TSE:HLP.UN) was downgraded by research analysts at CIBC to a “sector perform” rating in a report released on Thursday. They currently have a C$14.20 price target on the stock, up from their previous price target of C$12.00.

The company also recently declared a Monthly dividend, which is scheduled for Friday, August 15th. Stockholders of record on Friday, August 15th will be given a dividend of $0.0708 per share. This represents a yield of 7.76%. The ex-dividend date of this dividend is Tuesday, July 29th.

A number of other analysts have also recently weighed in on HLP.UN. Analysts at Canaccord Genuity downgraded shares of HealthLease Properties Real Estate Inve to a “hold” rating in a research note on Thursday. Analysts at Dundee Securities raised their price target on shares of HealthLease Properties Real Estate Inve from C$11.75 to C$14.20 in a research note on Thursday. Two research analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus target price of C$13.10.

HealthLease Properties Real Estate Investment Trust is an open-ended real estate investment. It owns the land and buildings, and leases them to operators on a long-term, triple-net lease basis.

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