Artis Real Estate Investment Trust Buys 10,500 Shares of Dream Office Real Estate Investment Trst (TSE:D.UN) Stock

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Dream Office Real Estate Investment Trst (TSE:D.UNGet Rating) insider Artis Real Estate Investment Trust acquired 10,500 shares of Dream Office Real Estate Investment Trst stock in a transaction on Monday, July 18th. The shares were bought at an average cost of C$19.07 per share, with a total value of C$200,245.50. Following the completion of the transaction, the insider now owns 5,455,473 shares of the company’s stock, valued at C$104,041,325.58.

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

  • On Friday, July 15th, Artis Real Estate Investment Trust bought 12,500 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$18.69 per share, with a total value of C$233,657.50.
  • On Wednesday, July 13th, Artis Real Estate Investment Trust bought 28,500 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$18.94 per share, with a total value of C$539,915.40.
  • On Monday, July 11th, Artis Real Estate Investment Trust bought 20,000 shares of Dream Office Real Estate Investment Trst stock. The shares were purchased at an average cost of C$19.19 per share, with a total value of C$383,862.00.

Dream Office Real Estate Investment Trst Stock Performance

Dream Office Real Estate Investment Trst stock opened at C$19.72 on Monday. Dream Office Real Estate Investment Trst has a 12-month low of C$18.52 and a 12-month high of C$30.53. The company has a quick ratio of 0.11, a current ratio of 0.15 and a debt-to-equity ratio of 84.36. The business’s 50-day moving average price is C$20.76 and its two-hundred day moving average price is C$24.24. The stock has a market cap of C$927.43 million and a PE ratio of 5.57.

Wall Street Analysts Forecast Growth

D.UN has been the subject of a number of research reports. Royal Bank of Canada dropped their target price on Dream Office Real Estate Investment Trst from C$27.00 to C$26.00 and set a “sector perform” rating for the company in a report on Monday, May 9th. TD Securities dropped their price target on Dream Office Real Estate Investment Trst from C$33.00 to C$32.00 and set a “buy” rating for the company in a research note on Monday, May 9th. National Bankshares dropped their price target on Dream Office Real Estate Investment Trst from C$27.00 to C$19.00 and set a “sector perform” rating for the company in a research note on Wednesday, July 20th. Scotiabank dropped their price target on Dream Office Real Estate Investment Trst from C$26.50 to C$26.25 in a research note on Monday, May 9th. Finally, Canaccord Genuity Group downgraded Dream Office Real Estate Investment Trst to a “hold” rating and set a C$26.50 price target for the company. in a research note on Wednesday, April 6th. Three equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of C$26.32.

Dream Office Real Estate Investment Trst Company Profile

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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.

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