Whitestone Reit (NYSE:WSR)’s share price traded down 3% during trading on Thursday . The stock traded as low as $15.40 and last traded at $15.56, with a volume of 253,202 shares trading hands. The stock had previously closed at $16.04.

Several equities analysts have recently commented on the stock. Zacks Investment Research raised shares of Whitestone Reit from a “hold” rating to a “strong-buy” rating and set a $14.00 price objective for the company in a research note on Thursday, March 24th. Hilliard Lyons downgraded shares of Whitestone Reit from a “buy” rating to a “neutral” rating in a research note on Thursday.

The stock has a market capitalization of $423.13 million and a PE ratio of 42.42. The company’s 50-day moving average is $14.69 and its 200 day moving average is $12.65.

Whitestone Reit (NYSE:WSR) last released its earnings results on Wednesday, April 27th. The company reported $0.34 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.34. The firm had revenue of $25.40 million for the quarter, compared to the consensus estimate of $25.57 million. The company’s revenue was up 19.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.34 EPS. On average, analysts predict that Whitestone Reit will post $1.36 EPS for the current year.

The company also recently announced a monthly dividend, which will be paid on Friday, September 9th. Stockholders of record on Thursday, September 1st will be given a dividend of $0.095 per share. The ex-dividend date is Tuesday, August 30th. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.38%.

A hedge fund recently raised its stake in Whitestone Reit stock. Dimensional Fund Advisors LP boosted its position in Whitestone Reit (NYSE:WSR) by 15.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 329,715 shares of the company’s stock after buying an additional 43,552 shares during the period. Dimensional Fund Advisors LP owned about 1.22% of Whitestone Reit worth $3,960,000 as of its most recent SEC filing.

Whitestone REIT is a Real Estate Investment Trust (REIT). The Company is engaged in owning and operating commercial properties in diverse markets in metropolitan areas. As of December 31, 2014, the Company owned a real estate portfolio of 63 properties containing approximately 5.5 million square feet of gross leasable area (GLA), located in Texas, Arizona and Illinois.

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