Artis Real Estate Investment Trust Acquires 56,600 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 56,600 shares of the firm’s stock in a transaction that occurred on Tuesday, April 16th. The shares were bought at an average price of C$17.78 per share, with a total value of C$1,006,393.28.

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

• On Wednesday, June 19th, Artis Real Estate Investment Trust bought 39,500 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average price of C$18.82 per share, with a total value of C$743,247.80.
• On Monday, June 17th, Artis Real Estate Investment Trust purchased 12,500 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average cost of C$18.85 per share, for a total transaction of C$235,625.00.

Dream Office Real Estate Investment Trst Stock Up 2.0 %

Dream Office Real Estate Investment Trst stock opened at C$20.46 on Friday. The firm has a fifty day moving average price of C$18.56 and a two-hundred day moving average price of C$17.91. Dream Office Real Estate Investment Trst has a fifty-two week low of C$14.50 and a fifty-two week high of C$24.06. The firm has a market cap of C$334.32 million, a price-to-earnings ratio of -7.03 and a beta of 1.18. The company has a debt-to-equity ratio of 115.31, a current ratio of 0.08 and a quick ratio of 0.16.

Wall Street Analyst Weigh In

D.UN has been the topic of several research reports. TD Securities upped their target price on Dream Office Real Estate Investment Trst from C$18.00 to C$20.00 and gave the stock a “hold” rating in a research report on Wednesday, September 4th. Cormark reduced their target price on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$22.50 in a research note on Monday, August 19th. Canaccord Genuity Group increased their price target on shares of Dream Office Real Estate Investment Trst from C$16.75 to C$17.25 and gave the stock a “hold” rating in a research note on Tuesday, August 13th. Finally, Scotiabank raised their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$19.50 and gave the company a “sector perform” rating in a report on Wednesday, August 14th. Six equities research analysts have rated the stock with a hold rating and one has given a buy rating to the stock. According to MarketBeat.com, Dream Office Real Estate Investment Trst currently has an average rating of “Hold” and an average target price of C$18.00.

About Dream Office Real Estate Investment Trst

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.