Peakstone Realty Trust (PKST)

• Market cap: $442M
• 1 day: -2.75%
• 5 days: 2.56%
• 1 month: 10.58%
• 3 months: -2.44%
• 6 months: -18.23%
• Year to date: 9.57%
• 1 year: -22.30%
• 5 years: 3.18%
• 10 years: 3.18%
• 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 in majorly high-growth coastal and sunbelt markets. The company has two reportable segments: Industrial and Office. The Industrial segment consists of industrial outdoor storage properties which have a low building-to-land ratio, or low coverage, maximizing yard space for the display, movement, and storage of materials and equipment. The Office segment includes office, R&D and data center properties.

Employees: 38

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

114% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 21

11% more funds holding

Funds holding: 185 [Q3] → 206 (+21) [Q4]

3.27% more ownership

Funds ownership: 42.73% [Q3] → 46.0% (+3.27%) [Q4]

0% more repeat investments, than reductions

Existing positions increased: 61 | Existing positions reduced: 61

11% less capital invested

Capital invested by funds: $210M [Q3] → $186M (-$23.8M) [Q4]

32% less call options, than puts

Call options by funds: $187K | Put options by funds: $276K

Research analyst outlook

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

• Low target: $15 25% upside
• Avg. target: $15 25% upside
• High target: $15 25% upside

1 analyst rating

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

UBS Michael Goldsmith 47% 1-year accuracy 7 / 15 met price target

25% upside $15

Buy Initiated

16 Jan 2025