SG Americas Securities LLC Has $174,000 Position in Peakstone Realty Trust (NYSE:PKST)

SG Americas Securities LLC boosted its stake in Peakstone Realty Trust (NYSE:PKST) by 13.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 15,742 shares of the company’s stock after purchasing an additional 1,919 shares during the quarter. SG Americas Securities LLC’s holdings in Peakstone Realty Trust were worth $174,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of PKST. Centaurus Financial Inc. increased its position in shares of Peakstone Realty Trust by 4.1% during the third quarter. Centaurus Financial Inc. now owns 1,253,223 shares of the company’s stock valued at $17,081,000 after acquiring an additional 49,769 shares during the last quarter. Geode Capital Management LLC grew its stake in Peakstone Realty Trust by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 922,638 shares of the company’s stock valued at $12,578,000 after purchasing an additional 10,722 shares during the period. International Assets Investment Management LLC raised its stake in shares of Peakstone Realty Trust by 1,600.9% during the 3rd quarter. International Assets Investment Management LLC now owns 185,940 shares of the company’s stock worth $2,534,000 after purchasing an additional 175,008 shares during the period. Sigma Planning Corp raised its stake in shares of Peakstone Realty Trust by 22.8% during the 3rd quarter. Sigma Planning Corp now owns 140,553 shares of the company’s stock worth $1,916,000 after purchasing an additional 26,085 shares during the period. Finally, JPMorgan Chase & Co. boosted its holdings in shares of Peakstone Realty Trust by 106.2% in the 3rd quarter. JPMorgan Chase & Co. now owns 126,483 shares of the company’s stock worth $1,724,000 after buying an additional 65,137 shares during the last quarter. 38.98% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have commented on PKST shares. UBS Group assumed coverage on shares of Peakstone Realty Trust in a research report on Thursday, January 16th. They issued a “buy” rating and a $15.00 price objective on the stock. Truist Financial lifted their price target on shares of Peakstone Realty Trust from $13.00 to $15.00 and gave the stock a “hold” rating in a report on Tuesday, November 12th.

Peakstone Realty Trust Stock Up 0.8 %

PKST stock opened at $10.78 on Monday. The stock has a fifty day moving average of $11.43 and a 200-day moving average of $12.71. Peakstone Realty Trust has a fifty-two week low of $9.89 and a fifty-two week high of $16.86. The company has a market capitalization of $392.03 million, a price-to-earnings ratio of -9.13 and a beta of 2.58. The company has a debt-to-equity ratio of 1.03, a quick ratio of 5.24 and a current ratio of 5.24.

Peakstone Realty Trust Company Profile

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.