Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Artis Real Estate Investment Trust Buys 1,900 Shares

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 1,900 shares of the stock in a transaction dated Thursday, April 18th. The shares were bought at an average price of C$17.55 per share, with a total value of C$33,337.97.

Artis Real Estate Investment Trust also recently made the following trade(s):

• On Friday, April 12th, Artis Real Estate Investment Trust acquired 10,500 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average price of C$21.11 per share, with a total value of C$221,613.00.
• On Thursday, April 4th, Artis Real Estate Investment Trust acquired 1,000 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average price of C$16.99 per share, with a total value of C$16,990.00.
• On Wednesday, March 27th, Artis Real Estate Investment Trust acquired 13,300 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average price of C$16.21 per share, with a total value of C$215,631.57.
• On Friday, March 8th, Artis Real Estate Investment Trust acquired 9,400 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average price of C$15.38 per share, with a total value of C$144,540.04.

Dream Office Real Estate Investment Trst Price Performance

Shares of TSE D.UN opened at C$18.97 on Friday. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$30.42. The stock has a market cap of C$309.40 million, a price-to-earnings ratio of -5.47 and a beta of 1.19. The company has a debt-to-equity ratio of 111.93, a quick ratio of 0.16 and a current ratio of 0.18. The firm’s 50-day simple moving average is C$15.04 and its 200 day simple moving average is C$11.44.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on D.UN. National Bankshares increased their price target on Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the stock a “sector perform” rating in a report on Monday, January 29th. Desjardins cut their price objective on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$8.50 and set a “buy” rating on the stock in a research report on Friday, February 16th. Royal Bank of Canada cut their price objective on shares of Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a “sector perform” rating on the stock in a research report on Friday, February 23rd. Scotiabank cut their price objective on shares of Dream Office Real Estate Investment Trst from C$11.00 to C$10.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 22nd. Finally, Cormark increased their price objective on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research report on Friday, March 8th. Six analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of C$13.00.

Dream Office Real Estate Investment Trst Company Profile

Dream Office REIT is an unincorporated, open-ended real estate investment trust. Dream Office REIT owns well-located, high-quality central business district office properties in major urban centres across Canada, with a focus on downtown Toronto.