Insider Buying: Dream Office Real Estate Investment Trst (TSE:D.UN) Insider Acquires 15,800 Shares of Stock

Dream Office Real Estate Investment Trst (TSE:D.UN) insider Artis Real Estate Investment Trust acquired 15,800 shares of the company’s stock in a transaction dated Thursday, March 13th. The stock was acquired at an average price of C$17.40 per share, with a total value 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 Friday. Dream Office Real Estate Investment Trst has a 12 month low of C$15.31 and a 12 month high of C$23.04. The company’s 50-day moving average price is C$17.97 and its two-hundred day moving average price is C$19.39. The company has a quick ratio of 0.16, a current ratio of 0.08 and a debt-to-equity ratio of 115.31. The firm has a market cap of C$278.92 million, a P/E ratio of -5.87 and a beta of 1.21.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on D.UN shares. Desjardins dropped their target price 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 research report on Tuesday, February 25th. Scotiabank dropped 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. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus 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.