Shares of Whitestone Reit (NYSE:WSR) traded down 4% during mid-day trading on Friday . The company traded as low as $14.39 and last traded at $14.57, with a volume of 419,962 shares. The stock had previously closed at $15.17.

A number of analysts have issued reports on the company. Robert W. Baird downgraded Whitestone Reit from an “outperform” rating to a “neutral” rating and decreased their price target for the stock from $16.00 to $15.00 in a report on Friday. Zacks Investment Research raised Whitestone Reit from a “sell” rating to a “hold” rating in a report on Tuesday, August 9th. Maxim Group lifted their price target on Whitestone Reit from $18.50 to $20.00 and gave the stock a “buy” rating in a report on Friday, July 29th. Finally, Hilliard Lyons downgraded Whitestone Reit from a “buy” rating to a “neutral” rating in a report on Thursday, July 14th. Four analysts have rated the stock with a hold rating and one has given a buy rating to the company’s stock. Whitestone Reit has an average rating of “Hold” and an average target price of $15.63.

The firm’s 50 day moving average is $15.49 and its 200-day moving average is $13.41. The stock has a market capitalization of $416.81 million and a price-to-earnings ratio of 42.76.

Whitestone Reit (NYSE:WSR) last released its quarterly earnings data on Wednesday, July 27th. The company reported $0.32 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by $0.02. The firm earned $25.13 million during the quarter, compared to analyst estimates of $26.04 million. During the same period last year, the firm posted $0.35 EPS. The firm’s revenue was up 14.4% on a year-over-year basis. On average, analysts anticipate that Whitestone Reit will post $1.35 earnings per share for the current fiscal year.

The business also recently declared 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. The ex-dividend date of this dividend is Tuesday, August 30th. This represents a $1.14 annualized dividend and a yield of 7.82%.

An institutional investor recently raised its position in Whitestone Reit stock. Dimensional Fund Advisors LP increased its stake in shares of Whitestone Reit (NYSE:WSR) by 15.2% during the fourth quarter, according to its most recent Form 13F filing 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 approximately 1.22% of Whitestone Reit worth $3,960,000 as of its most recent filing with the SEC.

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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