Whitestone REIT (NYSE:WSR) Receives New Coverage from Analysts at StockNews.com

Research analysts at StockNews.com began coverage on shares of Whitestone REIT (NYSE:WSR - Get Free Report) in a report issued on Sunday. The firm set a "hold" rating on the real estate investment trust's stock.

WSR has been the topic of several other research reports. Truist Financial increased their price target on shares of Whitestone REIT from $14.00 to $15.00 and gave the stock a "buy" rating in a research report on Tuesday, August 13th. JMP Securities reaffirmed a "market outperform" rating and set a $15.00 target price on shares of Whitestone REIT in a report on Thursday, September 19th. Two analysts have rated the stock with a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $15.00.

Whitestone REIT Stock Down 0.8 %

WSR traded down $0.11 on Friday, reaching $14.17. The company's stock had a trading volume of 105,830 shares, compared to its average volume of 324,452. Whitestone REIT has a 1 year low of $9.32 and a 1 year high of $14.54. The business's 50 day moving average is $13.54 and its 200 day moving average is $13.08. The company has a debt-to-equity ratio of 1.57, a current ratio of 1.93 and a quick ratio of 1.93. The stock has a market cap of $709.35 million, a price-to-earnings ratio of 45.71, a price-to-earnings-growth ratio of 2.32 and a beta of 1.26.

Insider Buying and Selling at Whitestone REIT

In related news, Director Julia Bruns Buthman bought 5,000 shares of the stock in a transaction dated Wednesday, September 4th. The stock was bought at an average cost of $12.99 per share, with a total value of $64,950.00. Following the completion of the acquisition, the director now owns 8,093 shares of the company's stock, valued at $105,128.07. This trade represents a 100.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 5.50% of the stock is currently owned by insiders.

Whitestone REIT Company Profile

Whitestone REIT NYSE: WSR is a community-centered real estate investment trust (REIT) that acquires, owns, operates, and develops open-air, retail centers located in some of the fastest growing markets in the country: Phoenix, Austin, Dallas-Fort Worth, Houston and San Antonio. Our centers are convenience focused: merchandised with a mix of service-oriented tenants providing food (restaurants and grocers), self-care (health and fitness), services (financial and logistics), education and entertainment to the surrounding communities.