Investment analysts at StockNews.com started coverage on shares of Whitestone REIT (NYSE:WSR - Get Free Report) in a research report issued to clients and investors on Wednesday. The firm set a "hold" rating on the real estate investment trust's stock.
Other analysts have also recently issued research reports about the stock. JMP Securities reiterated a "market outperform" rating and set a $15.00 target price on shares of Whitestone REIT in a research report on Thursday, September 19th. Truist Financial boosted their price objective on Whitestone REIT from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday, August 13th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat.com, Whitestone REIT currently has an average rating of "Moderate Buy" and an average target price of $15.00.
View Our Latest Research Report on Whitestone REIT
Whitestone REIT Price Performance
WSR stock traded down $0.17 during trading on Wednesday, hitting $14.42. The stock had a trading volume of 199,081 shares, compared to its average volume of 319,383. The company's 50 day moving average price is $13.88 and its two-hundred day moving average price is $13.44. The stock has a market cap of $730.37 million, a price-to-earnings ratio of 35.59, a price-to-earnings-growth ratio of 2.38 and a beta of 1.26. Whitestone REIT has a 1-year low of $10.77 and a 1-year high of $14.80. The company has a debt-to-equity ratio of 1.49, a quick ratio of 2.17 and a current ratio of 2.17.
Insider Transactions at Whitestone REIT
In related news, Director Julia Bruns Buthman acquired 5,000 shares of the firm's stock in a transaction on 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 acquisition, the director now directly owns 8,093 shares in the company, valued at approximately $105,128.07. The trade was a 161.66 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 5.50% of the company's stock.
About Whitestone REIT
(
Get Free Report)
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.
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