Dream Office Real Estate Investment Trst (TSE:D.UN) Senior Officer Purchases C$3,001,926.69 in Stock


Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) Senior Officer Dream Asset Management Corporation bought 132,300 shares of the firm’s stock in a transaction on Tuesday, May 10th. The shares were bought at an average price of C$22.69 per share, for a total transaction of C$3,001,926.69. Following the completion of the transaction, the insider now directly owns 8,426,115 shares in the company, valued at approximately C$191,191,077.18.

TSE D.UN opened at C$23.28 on Friday. Dream Office Real Estate Investment Trst has a 12 month low of C$21.38 and a 12 month high of C$30.53. The company has a 50-day moving average of C$26.97 and a 200-day moving average of C$25.21. The company has a debt-to-equity ratio of 83.15, a current ratio of 0.17 and a quick ratio of 0.13. The company has a market cap of C$1.09 billion and a P/E ratio of 7.25.

Several brokerages have commented on D.UN. Royal Bank of Canada decreased their target price on shares of Dream Office Real Estate Investment Trst from C$27.00 to C$26.00 and set a “sector perform” rating on the stock in a research report on Monday, May 9th. CIBC cut their price target on Dream Office Real Estate Investment Trst from C$31.50 to C$28.50 and set an “outperform” rating for the company in a research note on Monday, May 9th. Scotiabank cut 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. TD Securities cut their target price on shares of 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. Finally, Canaccord Genuity Group downgraded shares of Dream Office Real Estate Investment Trst to a “hold” rating and set a C$26.50 target price for the company. in a research note on Wednesday, April 6th. Three research analysts have rated the stock with a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Dream Office Real Estate Investment Trst has a consensus rating of “Buy” and an average price target of C$27.22.

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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