Insider Buying: Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Buys 12,000 Shares of Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust purchased 12,000 shares of the business’s stock in a transaction dated Thursday, June 13th. The shares were purchased at an average cost of C$19.43 per share, with a total value of C$233,184.00.

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

• On Monday, June 10th, Artis Real Estate Investment Trust acquired 24,800 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average cost 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 bought at an average cost of C$18.95 per share, for a total transaction of C$94,750.00.
• On Friday, April 26th, Artis Real Estate Investment Trust acquired 200 shares of Dream Office Real Estate Investment Trst stock. The stock was bought 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 acquired 1,900 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average cost of C$17.55 per share, for a total transaction of C$33,337.97.
• On Friday, April 12th, Artis Real Estate Investment Trust acquired 10,500 shares of Dream Office Real Estate Investment Trst stock. The stock was bought at an average cost of C$21.11 per share, for a total transaction of C$221,613.00.
• On Thursday, April 4th, Artis Real Estate Investment Trust bought 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, for a total transaction of C$16,990.00.
• On Wednesday, March 27th, Artis Real Estate Investment Trust bought 13,300 shares of Dream Office Real Estate Investment Trst stock. The stock was acquired at an average cost of C$16.21 per share, for a total transaction of C$215,631.57.

Dream Office Real Estate Investment Trst Stock Down 1.7 %

D.UN traded down C$0.33 on Monday, hitting C$18.73. 20,606 shares of the company were exchanged, compared to its average volume of 56,680. Dream Office Real Estate Investment Trst has a 12 month low of C$14.50 and a 12 month high of C$30.10. The company has a market cap of C$305.86 million, a PE ratio of -6.55 and a beta of 1.22. The company has a debt-to-equity ratio of 111.85, a quick ratio of 0.16 and a current ratio of 0.06. The stock’s fifty day moving average is C$18.84 and its 200-day moving average is C$14.32.

Analysts Set New Price Targets

D.UN has been the topic of several recent research reports. Canaccord Genuity Group lifted their price objective on Dream Office Real Estate Investment Trst from C$15.00 to C$16.75 and gave the stock a “hold” rating in a report on Monday, May 13th. CIBC lifted their price objective on Dream Office Real Estate Investment Trst from C$17.00 to C$19.00 and gave the company a “neutral” rating in a research report on Monday, May 13th. Desjardins boosted their target price 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 note on Monday, May 13th. Cormark boosted their target price on 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 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 for the company in a research report on Friday, February 23rd. Six analysts have rated the stock with a hold rating and two have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of C$16.94.

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.