Artis Real Estate Investment Trust Acquires 15,800 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 bought 15,800 shares of the firm’s stock in a transaction on Thursday, March 13th. The stock was acquired at an average cost of C$17.40 per share, with a total value of C$274,961.08.

Dream Office Real Estate Investment Trst Price Performance

TSE D.UN opened at C$17.07 on Friday. The company has a market cap of C$278.92 million, a P/E ratio of -5.87 and a beta of 1.21. Dream Office Real Estate Investment Trst has a 1 year low of C$15.31 and a 1 year high of C$23.04. The company has a fifty day simple moving average of C$17.97 and a 200 day simple moving average of C$19.39. The company has a current ratio of 0.08, a quick ratio of 0.16 and a debt-to-equity ratio of 115.31.

Analysts Set New Price Targets

D.UN has been the subject of several recent research reports. Scotiabank decreased 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 report 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 report on Tuesday, February 25th. Five research 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.com, Dream Office Real Estate Investment Trst has an average rating of “Hold” and a consensus target price 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.