Insider Buying: Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Purchases 1,900 Shares of Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 1,900 shares of the business’s stock in a transaction dated Thursday, April 18th. The shares were purchased at an average price of C$17.55 per share, for a total transaction 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 purchased 10,500 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average price of C$21.11 per share, for a total transaction 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 shares were bought at an average cost of C$16.99 per share, for a total transaction 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 shares were bought at an average cost of C$16.21 per share, for a total transaction 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 shares were bought at an average cost of C$15.38 per share, for a total transaction 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. 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 company has a market cap of C$309.40 million, a PE ratio of -5.47 and a beta of 1.19. The business has a 50-day simple moving average of C$15.04 and a two-hundred day simple moving average of C$11.43. 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.

Analysts Set New Price Targets

D.UN has been the topic of a number of recent research reports. National Bankshares raised their price objective on Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the company a “sector perform” rating in a research report on Monday, January 29th. TD Securities downgraded Dream Office Real Estate Investment Trst from a “buy” rating to a “hold” rating and raised their price objective for the company from C$18.00 to C$21.00 in a research report on Wednesday, April 10th. Desjardins dropped their price objective on 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. Canaccord Genuity Group dropped their price objective on Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a “hold” rating on the stock in a research report on Friday, February 16th. Finally, Royal Bank of Canada lowered their price target on Dream Office Real Estate Investment Trst from C$10.00 to C$9.00 and set a “sector perform” rating for the company in a report on Friday, February 23rd. Six investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target 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.