Robert Michael Lockwood Hughes Sells 1,544 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) Senior Officer Robert Michael Lockwood Hughes sold 1,544 shares of Dream Office Real Estate Investment Trst stock in a transaction that occurred on Monday, March 3rd. The stock was sold at an average price of C$17.94, for a total transaction of C$27,702.29.

Dream Office Real Estate Investment Trst Stock Performance

TSE D.UN traded up C$0.18 on Friday, hitting C$17.88. 11,836 shares of the company’s stock traded hands, compared to its average volume of 15,847. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31. Dream Office Real Estate Investment Trst has a 1-year low of C$15.15 and a 1-year high of C$23.04. The firm’s 50-day moving average price is C$18.04 and its two-hundred day moving average price is C$19.43. The firm has a market capitalization of C$292.16 million, a PE ratio of -6.14 and a beta of 1.21.

Analyst Upgrades and Downgrades

D.UN has been the subject of a number of recent analyst reports. Scotiabank lowered their target price on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating for the company in a research note on Tuesday, February 25th. Desjardins decreased their price objective on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating for the company in a research note on Tuesday, February 25th. Five investment analysts have rated the stock with a hold rating and one has given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of C$20.50.

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.