Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Acquires C$235,625.00 in Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust acquired 12,500 shares of the firm’s stock in a transaction dated Monday, June 17th. The stock was bought at an average price of C$18.85 per share, for a total transaction of C$235,625.00.

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

• On Thursday, June 13th, Artis Real Estate Investment Trust bought 12,000 shares of Dream Office Real Estate Investment Trst stock. The stock was purchased at an average cost of C$19.43 per share, for a total transaction of C$233,184.00.
• On Monday, June 10th, Artis Real Estate Investment Trust purchased 24,800 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average price of C$19.25 per share, for a total transaction of C$477,357.84.
• On Monday, April 29th, Artis Real Estate Investment Trust acquired 5,000 shares of Dream Office Real Estate Investment Trst stock. The stock was purchased at an average cost of C$18.95 per share, with a total value of C$94,750.00.
• On Friday, April 26th, Artis Real Estate Investment Trust bought 200 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$19.00 per share, for a total transaction of C$3,800.00.
• On Thursday, April 18th, Artis Real Estate Investment Trust bought 1,900 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average price of C$17.55 per share, with a total value of C$33,337.97.
• On Friday, April 12th, Artis Real Estate Investment Trust purchased 10,500 shares of Dream Office Real Estate Investment Trst stock. The shares were acquired 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 stock was acquired at an average cost 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 acquired at an average price of C$16.21 per share, with a total value of C$215,631.57.

Dream Office Real Estate Investment Trst Trading Up 2.2 %

D.UN opened at C$19.12 on Thursday. The company has a debt-to-equity ratio of 111.85, a quick ratio of 0.16 and a current ratio of 0.06. Dream Office Real Estate Investment Trst has a one year low of C$14.50 and a one year high of C$29.34. The company has a market cap of C$312.23 million, a P/E ratio of -6.57 and a beta of 1.22. The business’s 50-day simple moving average is C$18.72 and its 200-day simple moving average is C$14.49.

Analysts Set New Price Targets

A number of analysts have recently weighed in on D.UN shares. Royal Bank of Canada reduced their price objective on 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 note on Friday, February 23rd. Desjardins increased their price target on Dream Office Real Estate Investment Trst from C$17.00 to C$18.00 and gave the company a “hold” rating in a research report on Monday, May 13th. TD Securities lowered their price objective on Dream Office Real Estate Investment Trst from C$20.00 to C$19.00 and set a “hold” rating for the company in a research report on Tuesday, May 14th. Canaccord Genuity Group raised their target price on shares of Dream Office Real Estate Investment Trst from C$15.00 to C$16.75 and gave the company a “hold” rating in a report on Monday, May 13th. Finally, CIBC lifted their price target on shares of Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the stock a “neutral” rating in a research note on Monday, May 13th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of C$16.94.

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.