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’s stock in a transaction on Wednesday, May 11th. The stock was purchased at an average price of C $ 22.73 per share, for a total transaction of C $ 600,127.44. Following the completion of the purchase, the director now directly owns 12,924,702 shares in the company, valued at C $ 293,805,618.33.

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

  • On Monday, March 14th, Michael Cooper bought 30,000 shares of Dream Office Real Estate Investment Trst stock. The stock was purchased at an average price of C $ 28.67 per share, for a total transaction of C $ 860,073.00.
  • On Friday, March 4th, Michael Cooper bought 320,000 shares of Dream Office Real Estate Investment Trst stock. The stock was purchased at an average price of C $ 27.12 per share, for a total transaction of C $ 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 C $ 21.38 and a 52 week high of C $ 30.53. The firm 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-to-equity ratio of 83.15. The stock has a market capitalization of C $ 1.09 billion and a price-to-earnings ratio of 7.25.

A number of equities analyzes have commented on the stock. CIBC dropped their target price on shares of Dream Office Real Estate Investment Trst from C $ 31.50 to C $ 28.50 and set an “outperform” rating on the stock in a research note on Monday, May 9th. BMO Capital Markets upped their price target on shares of Dream Office Real Estate Investment Trst from C $ 25.50 to C $ 27.50 in a research report on Tuesday, February 22nd. Royal Bank of Canada lowered their price target on shares of 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 research report on Monday, May 9th. TD Securities lowered their 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 on Monday, May 9th. Finally, Scotiabank lowered their price target on shares of Dream Office Real Estate Investment Trst from C $ 26.50 to C $ 26.25 in a research report on Monday, May 9th. Three analysts have rated the stock with a hold rating and three have given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and an average target price 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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