Dream Office Real Estate Investment Trst (TSE:D.UN) Director Michael Cooper Acquires 26,400 Shares


Dream Office Real Estate Investment Trst (TSE:D.UN – Get Rating) director Michael Cooper bought 26,400 shares of the company in a trade on Wednesday, May 11. The stock was purchased at an average price of CA$22.73 per share, for a total transaction of CA$600,127.44. Following the completion of the purchase, the administrator now directly owns 12,924,702 shares of the company, valued at C$293,805,618.33.

Michael Cooper also recently made the following trade(s):

  • On Monday, March 14, Michael Cooper purchased 30,000 shares of Dream Office Real Estate Investment Trst. The stock was purchased at an average price of CA$28.67 per share, for a total transaction of CA$860,073.00.
  • On Friday March 4, Michael Cooper purchased 320,000 shares of Dream Office Real Estate Investment Trst. The stock was purchased at an average price of CA$27.12 per share, for a total transaction of CA$8,678,400.00.

TSE:D.UN opened at C$23.28 on Friday. Dream Office Real Estate Investment Trst has a 52 week low of CA$21.38 and a 52 week high of CA$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 quick ratio of 0.13, a current ratio of 0.17 and a debt ratio of 83.15. The stock has a market capitalization of C$1.09 billion and a price-earnings ratio of 7.25.

A number of stock analysts have commented on the stock. CIBC lowered its target price on shares of Dream Office Real Estate Investment Trst from CA$31.50 to CA$28.50 and set an ‘outperform’ rating for the stock in a Monday research note May 9. BMO Capital Markets raised its price target on shares of Dream Office Real Estate Investment Trst from C$25.50 to C$27.50 in a Tuesday, February 22 research report. Royal Bank of Canada lowered its price target on shares of Dream Office Real Estate Investment Trst from CA$27.00 to CA$26.00 and set an ‘industry performance’ rating for the company in a report research Monday, May 9. TD Securities lowered its price target 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 report from the Monday, May 9. Finally, Scotiabank lowered its price target on shares of Dream Office Real Estate Investment Trst from C$26.50 to C$26.25 in a Monday, May 9 research report. Three analysts have rated the stock with a hold rating and three have assigned the stock a buy rating. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of C$27.22.

Company Profile Dream Office Real Estate Investment Trst (Get an evaluation)

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 an emphasis 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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