PDM
Piedmont Office Realty TrustPDM
PDM
0
Funds holding %
of 7,139 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
64% more first-time investments, than exits
New positions opened: 36 | Existing positions closed: 22
10% more call options, than puts
Call options by funds: $98K | Put options by funds: $89K
3% more funds holding
Funds holding: 240 [Q3] → 246 (+6) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q3] → 4 (+0) [Q4]
0.95% less ownership
Funds ownership: 88.43% [Q3] → 87.47% (-0.95%) [Q4]
4% less repeat investments, than reductions
Existing positions increased: 79 | Existing positions reduced: 82
10% less capital invested
Capital invested by funds: $1.11B [Q3] → $992M (-$114M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$10
41%
upside
Avg. target
$10
41%
upside
High target
$10
41%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Baird Nicholas Thillman 100% 1-year accuracy 2 / 2 met price target | 41%upside $10 | Neutral Downgraded | 16 Jan 2025 |
Financial journalist opinion
Based on 8 articles about PDM published over the past 30 days
Positive
Seeking Alpha
5 days ago
Piedmont Office Realty Trust: A Bargain Opportunity Before The Market Catches On
Piedmont Office Realty Trust is experiencing earnings headwinds when looking at the surface. Positive market dynamics, including a flight to quality and shrinking supply pipelines, are benefiting office REITs like Piedmont and de-risking investments. Going into 2025 and beyond, I will show you that this is the time to buy into the stock.
Neutral
Seeking Alpha
1 week ago
Piedmont Office Realty Trust, Inc. (PDM) Q4 2024 Earnings Call Transcript
Piedmont Office Realty Trust, Inc. (NYSE:PDM ) Q4 2024 Earnings Call February 14, 2025 9:00 AM ET Company Participants Laura Moon - Investor Relations Brent Smith - President and Chief Executive Officer George Wells - Chief Operating Officer Chris Kollme - Executive Vice President, Investments Sherry Rexroad - Chief Financial Officer Conference Call Participants Anthony Paolone - JPMorgan Nick Thillman - Baird Dylan Burzinski - Green Street Operator Greetings. Welcome to the Piedmont Office Realty Trust, Inc. Fourth Quarter 2024 Earnings Call.
Positive
Zacks Investment Research
1 week ago
Piedmont Office (PDM) Reports Q4 Earnings: What Key Metrics Have to Say
The headline numbers for Piedmont Office (PDM) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Positive
Zacks Investment Research
1 week ago
Piedmont Office (PDM) Matches Q4 FFO Estimates
Piedmont Office (PDM) came out with quarterly funds from operations (FFO) of $0.37 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.41 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2024 Results
Atlanta, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. ("Piedmont" or the "Company") (NYSE:PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, today announced its results for the quarter and year ended December 31, 2024.
Neutral
Zacks Investment Research
1 week ago
Seeking Clues to Piedmont Office (PDM) Q4 Earnings? A Peek Into Wall Street Projections for Key Metrics
Get a deeper insight into the potential performance of Piedmont Office (PDM) for the quarter ended December 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
Positive
Seeking Alpha
1 week ago
REITs Lead On Earnings Uplift
US equity markets posted a mixed performance this week, while benchmark interest rates rebounded from two-month lows, as investors saw grounds for Fed hawkishness across a critical slate of employment data. The U.S. economy added 143k jobs in January. Upward revisions to prior months and strong wage growth metrics indicated that labor markets remain "healthy" at minimum, and perhaps even "tight." Following a decline of 1% last week sparked by "DeepSeek" concerns, the S&P 500 retreated by 0.2%, relinquishing an early week rally. The Small-Cap and Mid-Cap indexes dipped 1%.
Neutral
GlobeNewsWire
2 weeks ago
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND
PIEDMONT OFFICE REALTY TRUST DECLARES FIRST QUARTER DIVIDEND Atlanta, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) (“Piedmont”), a real estate investment trust (REIT), announced today that its board of directors has declared a regular quarterly cash dividend of $0.125 per share, or $0.50 per share on an annualized basis, for the first quarter of 2025. The dividend will be paid on March 14, 2025 to stockholders of record as of the close of business on February 21, 2025.
Neutral
GlobeNewsWire
1 month ago
Piedmont Office Realty Trust, Inc. to Report Fourth Quarter and Annual 2024 Financial Results
Atlanta, Jan. 13, 2025 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE: PDM) announced today that the Company will release its fourth quarter and annual financial results on Thursday, February 13, 2025, after the close of trading on the New York Stock Exchange. A conference call is scheduled for Friday, February 14, 2025 at 9:00 a.m. ET and will be broadcast live in listen-only mode on the company's investor relations website at investor.piedmontreit.com. During the conference call, the Company's management team will review fourth quarter and annual performance, discuss recent events, and conduct a question-and-answer period.
Positive
Seeking Alpha
2 months ago
Piedmont Office Realty Trust: Christmas Comes Early This Year (Strong Buy)
Piedmont Office Realty Trust focuses on high-quality office properties, particularly in the Sun Belt region, showing strong financial performance and asset repositioning success. The Sun Belt region's demographic growth supports Piedmont's strategic focus, with significant population increases driving demand for premium office spaces. Piedmont's financial health is robust, with climbing occupancy rates, conservative leverage, and well-covered dividends, indicating resilience and potential for future growth.
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