Research analysts at StockNews.com initiated coverage on shares of Whitestone REIT (NYSE:WSR – Get Free Report) in a report issued on Sunday. The brokerage set a “hold” rating on the real estate investment trust’s stock.
A number of other research analysts also recently weighed in on WSR. JMP Securities reissued a “market outperform” rating and issued a $15.00 target price on shares of Whitestone REIT in a report on Thursday, September 19th. Truist Financial increased their price objective on shares of Whitestone REIT from $14.00 to $15.00 and gave the stock 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 issued a buy rating to the company’s stock. According to MarketBeat, Whitestone REIT has a consensus rating of “Moderate Buy” and a consensus price target of $15.00.
View Our Latest Research Report on WSR
Whitestone REIT Price Performance
Insider Buying and Selling at Whitestone REIT
In other news, Director Julia Bruns Buthman bought 5,000 shares of Whitestone REIT stock in a transaction that occurred 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 owns 8,093 shares of the company’s stock, valued at $105,128.07. The trade was a 100.00 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 5.50% of the stock is currently owned by corporate 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.
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