Dream Office Real Estate Investment Trst (D.UN) Director Michael Cooper Purchases 123,700 Shares

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Dream Office Real Estate Investment Trst (TSE:D.UN) Director Michael Cooper acquired 123,700 shares of the company’s stock in a transaction on Tuesday, May 14th. The stock was purchased at an average cost of C$23.49 per share, for a total transaction of C$2,906,133.58. Following the completion of the transaction, the director now owns 9,408,638 shares in the company, valued at approximately C$221,040,895.99.

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

  • On Thursday, May 16th, Michael Cooper acquired 18,100 shares of Dream Office Real Estate Investment Trst stock. The stock was purchased at an average cost of C$23.49 per share, for a total transaction of C$425,226.92.

Shares of TSE:D.UN opened at C$23.65 on Monday. Dream Office Real Estate Investment Trst has a 52 week low of C$18.12 and a 52 week high of C$23.04. The company has a current ratio of 0.61, a quick ratio of 0.13 and a debt-to-equity ratio of 96.11. The company has a market capitalization of $1.41 billion and a price-to-earnings ratio of 7.10.

A number of equities research analysts have commented on the stock. BMO Capital Markets increased their price objective on shares of Dream Office Real Estate Investment Trst from C$24.00 to C$25.00 and gave the company a “market perform” rating in a research report on Monday, February 25th. CIBC increased their price objective on shares of Dream Office Real Estate Investment Trst from C$25.00 to C$26.00 and gave the company a “sector perform” rating in a research report on Monday, February 25th. National Bank Financial increased their price objective on shares of Dream Office Real Estate Investment Trst from C$24.00 to C$25.00 and gave the company a “sector perform” rating in a research report on Monday, February 25th. Finally, TD Securities increased their price objective on shares of Dream Office Real Estate Investment Trst from C$24.50 to C$25.00 and gave the company a “hold” rating in a research report on Monday, February 25th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average target price of C$25.80.

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Dream Office Real Estate Investment Trst Company Profile

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.

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