Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Buys C$33,337.97 in Stock

Dream Office Real Estate Investment Trst (TSE:D.UN - Get Free Report) insider Artis Real Estate Investment Trust bought 1,900 shares of the stock in a transaction that occurred on Thursday, April 18th. The shares were acquired at an average cost of C$17.55 per share, with a total value of C$33,337.97.

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

• On Friday, April 12th, Artis Real Estate Investment Trust purchased 10,500 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$21.11 per share, with a total value of C$221,613.00.
• On Thursday, April 4th, Artis Real Estate Investment Trust purchased 1,000 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$16.99 per share, with a total value of C$16,990.00.
• On Wednesday, March 27th, Artis Real Estate Investment Trust purchased 13,300 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$16.21 per share, with a total value of C$215,631.57.
• On Friday, March 8th, Artis Real Estate Investment Trust purchased 9,400 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$15.38 per share, with a total value of C$144,540.04.

Dream Office Real Estate Investment Trst Price Performance

TSE:D.UN traded up C$1.03 during trading hours on Friday, hitting C$18.97. The company's stock had a trading volume of 136,829 shares, compared to its average volume of 68,619. The stock has a fifty day simple moving average of C$14.86 and a 200-day simple moving average of C$11.36. Dream Office Real Estate Investment Trst has a twelve month low of C$14.50 and a twelve month high of C$30.42. The company has a market capitalization of C$309.40 million, a P/E ratio of -5.30 and a beta of 1.19. The company has a debt-to-equity ratio of 111.93, a current ratio of 0.18 and a quick ratio of 0.16.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on D.UN shares. Canaccord Genuity Group cut their price objective on Dream Office Real Estate Investment Trst from C$10.00 to C$7.00 and set a "hold" rating for the company in a report on Friday, February 16th. Desjardins cut their price objective on Dream Office Real Estate Investment Trst from C$10.00 to C$8.50 and set a "buy" rating for the company in a report on Friday, February 16th. National Bankshares increased their price objective on Dream Office Real Estate Investment Trst from C$8.50 to C$11.00 and gave the company a "sector perform" rating in a report on Monday, January 29th. Cormark increased their price objective on Dream Office Real Estate Investment Trst from C$13.00 to C$25.00 in a report on Friday, March 8th. Finally, Royal Bank of Canada dropped their price target on 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 equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of C$13.00.

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.