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

A number of 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 target on the stock in a report on Thursday, March 24th. Hilliard Lyons lowered shares of Whitestone Reit from a “buy” rating to a “neutral” rating in a report on Thursday.

The company has a 50-day moving average price of $14.80 and a 200 day moving average price of $12.69. The company has a market cap of $422.86 million and a PE ratio of 42.39.

Whitestone Reit (NYSE:WSR) last posted its quarterly earnings data on Wednesday, April 27th. The company reported $0.34 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.34. The business earned $25.40 million during the quarter, compared to analysts’ expectations of $25.57 million. The business’s quarterly revenue was up 19.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.34 EPS. On average, equities research analysts expect that Whitestone Reit will post $1.36 earnings per share for the current fiscal year.

The firm also recently disclosed a monthly dividend, which will be paid on Friday, September 9th. Investors of record on Thursday, September 1st will be issued a $0.095 dividend. This represents a $1.14 dividend on an annualized basis and a dividend yield of 7.39%. The ex-dividend date is Tuesday, August 30th.

A hedge fund recently raised its stake in Whitestone Reit stock. Dimensional Fund Advisors LP increased its stake in Whitestone Reit (NYSE:WSR) by 15.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with's FREE daily email newsletter.