Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Artis Real Estate Investment Trust Buys 10,500 Shares

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 10,500 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Friday, April 12th. The stock was bought at an average cost of C$21.11 per share, with a total value of C$221,613.00.

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

• 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 price 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 stock was acquired at an average price 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 stock was acquired at an average price of C$15.38 per share, for a total transaction of C$144,540.04.

Dream Office Real Estate Investment Trst Trading Down 6.4 %

Shares of Dream Office Real Estate Investment Trst stock opened at C$20.07 on Friday. The company has a quick ratio of 0.16, a current ratio of 0.18 and a debt-to-equity ratio of 111.93. The company’s 50-day simple moving average is C$14.25 and its 200-day simple moving average is C$11.14. Dream Office Real Estate Investment Trst has a 52-week low of C$14.50 and a 52-week high of C$30.42. The firm has a market cap of C$327.34 million, a price-to-earnings ratio of -5.78 and a beta of 1.19.

Wall Street Analysts Forecast Growth

A number of research firms have commented on D.UN. Desjardins dropped 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 note on Friday, February 16th. Scotiabank dropped 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 note on Thursday, February 22nd. Canaccord Genuity Group dropped their price objective on shares of 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 note on Friday, February 16th. Cormark boosted their price target on shares of Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a research note on Friday, March 8th. Finally, Royal Bank of Canada dropped their price target 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 note on Friday, February 23rd. Six research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Based on data from MarketBeat, Dream Office Real Estate Investment Trst has a consensus rating of “Hold” and a consensus 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.