Peakstone Realty Trust (PKST)

• Market cap: $414M
• 1 day: -0.70%
• 5 days: -8.45%
• 1 month: -10.68%
• 3 months: -24.34%
• 6 months: 0.62%
• Year to date: -38.22%
• 1 year: -43.10%
• 5 years: -2.32%
• 10 years: -2.32%
• Sector: Financials
• Industry: Real Estate Investment Trusts

About: Peakstone Realty Trust is an internally managed, publicly registered real estate investment trust (REIT) that owns and operates predominately single-tenant industrial and office properties with creditworthy tenants and long-term leases. Peakstone's portfolio consists of newer vintage, and well-located real estate assets totaling approximately 19 million square feet across 24 states in majorly high-growth coastal and sunbelt markets.

Employees: 35

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

45% more first-time investments, than exits

New positions opened: 29 | Existing positions closed: 20

30% more capital invested

Capital invested by funds: $159M [Q2] → $207M (+$48M) [Q3]

5% more funds holding

Funds holding: 174 [Q2] → 183 (+9) [Q3]

1.04% more ownership

Funds ownership: 41.28% [Q2] → 42.32% (+1.04%) [Q3]

25% less repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 69

73% less call options, than puts

Call options by funds: $245K | Put options by funds: $898K

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $15 32% upside
• Avg. target: $15 32% upside
• High target: $15 32% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Truist Securities Anthony Hau 41% 1-year accuracy 13 / 32 met price target

32% upside $15

Hold Maintained

12 Nov 2024