1 day Ago By ABMN Staff
Bank of New York Mellon Corp lifted its stake in Peakstone Realty Trust ( NYSE:PKST – Free Report ) by 14.8% during the 2nd quarter, Holdings Channel.com reports.
The institutional investor owned 165,129 shares of the company’s stock after buying an additional 21,333 shares during the quarter. Bank of New York Mellon Corp’s holdings in Peakstone Realty Trust were worth $1,750,000 at the end of the most recent reporting period. Other hedge funds have also recently modified their holdings of the company.
Cetera Investment Advisers increased its position in Peakstone Realty Trust by 176.1% in the first quarter. Cetera Investment Advisers now owns 159,396 shares of the company’s stock worth $2,571,000 after purchasing an additional 101,668 shares during the last quarter.
Vanguard Group Inc. increased its position in Peakstone Realty Trust by 1.3% in the first quarter.
Vanguard Group Inc. now owns 3,618,361 shares of the company’s stock worth $58,364,000 after purchasing an additional 46,436 shares during the last quarter. My Legacy Advisors LLC bought a new stake in Peakstone Realty Trust in the second quarter worth $476,000.
Cetera Advisors LLC increased its position in Peakstone Realty Trust by 68.4% in the first quarter. Cetera Advisors LLC now owns 108,152 shares of the company’s stock worth $1,744,000 after purchasing an additional 43,925 shares during the last quarter.
Finally, Creekmur Asset Management LLC bought a new stake in Peakstone Realty Trust in the fourth quarter worth $517,000. Hedge funds and other institutional investors own 38.98% of the company’s stock.
Peakstone Realty Trust Trading Up 1.2 % PKST stock opened at $15.30 on Thursday.
The company has a quick ratio of 8.03, a current ratio of 8.03 and a debt-to-equity ratio of 1.
19. Peakstone Realty Trust has a twelve month low of $9.89 and a twelve month high of $21.
73. The stock has a market capitalization of $555.48 million, a price-to-earnings ratio of -0.
98 and a beta of 2.63. The firm’s fifty day simple moving average is $13.
22 and its two-hundred day simple moving average is $13.34. Peakstone Realty Trust Announces Dividend Analyst Upgrades and Downgrades Separately, Truist Financial reduced their price target on shares of Peakstone Realty Trust from $16.
00 to $13.00 and set a “hold” rating on the stock in a research report on Wednesday, August 21st. Get Our Latest Stock Analysis on Peakstone Realty Trust Peakstone Realty Trust Profile ( Free Report ) Peakstone Realty Trust (NYSE: PKST) is an internally managed, real estate investment trust (REIT) that owns and operates a high-quality, newer-vintage portfolio of predominantly single-tenant industrial and office properties.
These assets are generally leased to creditworthy tenants under long-term net lease agreements with contractual rent escalations. Further Reading Want to see what other hedge funds are holding PKST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Peakstone Realty Trust ( NYSE:PKST – Free Report ).
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