Dream Office Real Estate Investment Trst (TSE:D.UN) Senior Officer Dream Asset Management Corporation Buys 5,000 Shares

Beth McCandry

Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) Senior Officer Dream Asset Management Corporation bought 5,000 shares of the stock in a transaction dated Tuesday, October 11th. The shares were acquired at an average price of C$14.96 per share, with a total value of C$74,800.00. Following the completion of the purchase, the insider now directly owns 8,767,915 shares of the company’s stock, valued at C$131,168,008.40.

Dream Asset Management Corporation also recently made the following trade(s):

  • On Monday, September 26th, Dream Asset Management Corporation bought 75,000 shares of Dream Office Real Estate Investment Trst stock. The shares were acquired at an average price of C$16.17 per share, with a total value of C$1,212,697.50.
  • On Tuesday, September 20th, Dream Asset Management Corporation bought 150,000 shares of Dream Office Real Estate Investment Trst stock. The shares were acquired at an average price of C$17.38 per share, with a total value of C$2,606,850.00.

Dream Office Real Estate Investment Trst Stock Performance

TSE D.UN traded down C$0.12 during trading hours on Friday, reaching C$15.40. The company’s stock had a trading volume of 70,222 shares, compared to its average volume of 173,964. The company has a current ratio of 0.14, a quick ratio of 0.10 and a debt-to-equity ratio of 82.70. The business has a 50-day simple moving average of C$17.82 and a 200-day simple moving average of C$21.00. Dream Office Real Estate Investment Trst has a 52 week low of C$14.90 and a 52 week high of C$30.53. The stock has a market cap of C$726.65 million and a PE ratio of 3.58.

Analyst’s Set New Price Targets

Several brokerages have recently commented on D.UN. CIBC reduced their price target on shares of Dream Office Real Estate Investment Trst from C$27.00 to C$24.00 in a research report on Monday, August 8th. National Bankshares increased their price target on shares of Dream Office Real Estate Investment Trst from C$19.00 to C$20.00 and gave the stock a “sector perform” rating in a research report on Monday, August 8th. BMO Capital Markets reduced their price target on shares of Dream Office Real Estate Investment Trst from C$24.50 to C$23.00 in a research report on Wednesday, August 17th. Cormark reduced their price target on shares of Dream Office Real Estate Investment Trst from C$27.00 to C$20.50 in a research report on Tuesday, August 9th. Finally, TD Securities reduced their price target on shares of Dream Office Real Estate Investment Trst from C$26.00 to C$25.00 and set a “buy” rating on the stock in a research report on Monday, August 8th. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of C$23.00.

Dream Office Real Estate Investment Trst Company Profile

(Get Rating)

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 centers across Canada, with a focus on downtown Toronto.

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Insider Buying and Selling by Quarter for Dream Office Real Estate Investment Trst (TSE:D.UN)

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