Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Buys C$274,961.08 in Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust bought 15,800 shares of the company’s stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average cost of C$17.40 per share, for a total transaction of C$274,961.08.

Dream Office Real Estate Investment Trst Stock Down 0.5 %

Shares of TSE:D.UN opened at C$17.07 on Monday. Dream Office Real Estate Investment Trst has a 52 week low of C$15.31 and a 52 week high of C$23.04. The company has a debt-to-equity ratio of 115.31, a quick ratio of 0.16 and a current ratio of 0.08. The company’s fifty day moving average is C$17.97 and its 200-day moving average is C$19.40. The company has a market capitalization of C$278.92 million, a PE ratio of -5.87 and a beta of 1.21.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on D.UN shares. Desjardins decreased their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$19.50 and set a “hold” rating on the stock in a research note on Tuesday, February 25th. Scotiabank decreased their price target on shares of Dream Office Real Estate Investment Trst from C$21.00 to C$20.50 and set a “sector perform” rating on the stock in a research note on Tuesday, February 25th. Five analysts have rated the stock with a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of C$20.50.

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.