Financial Life Planners Makes New $39,000 Investment in Peakstone Realty Trust (NYSE:PKST)

Financial Life Planners purchased a new position in Peakstone Realty Trust (NYSE:PKST) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 3,498 shares of the company’s stock, valued at approximately $39,000.

Several other institutional investors have also bought and sold shares of the business. International Assets Investment Management LLC increased its holdings in shares of Peakstone Realty Trust by 1,600.9% in the 3rd quarter. International Assets Investment Management LLC now owns 185,940 shares of the company’s stock valued at $2,534,000 after acquiring an additional 175,008 shares during the period. JPMorgan Chase & Co. raised its stake in shares of Peakstone Realty Trust by 106.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 126,483 shares of the company’s stock worth $1,724,000 after acquiring an additional 65,137 shares in the last quarter. Captrust Financial Advisors acquired a new stake in Peakstone Realty Trust in the third quarter valued at approximately $781,000. AQR Capital Management LLC grew its holdings in Peakstone Realty Trust by 102.3% in the second quarter. AQR Capital Management LLC now owns 108,887 shares of the company’s stock worth $1,154,000 after purchasing an additional 55,071 shares during the last quarter. Finally, 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 worth $17,081,000 after purchasing an additional 49,769 shares in the last quarter. Institutional investors own 38.98% of the company’s stock.

Analyst Ratings Changes

PKST has been the topic of several recent analyst reports. UBS Group initiated coverage on Peakstone Realty Trust in a research note on Thursday, January 16th. They issued a “buy” rating and a $15.00 price target for the company. Truist Financial boosted their target price on shares of Peakstone Realty Trust from $13.00 to $15.00 and gave the stock a “hold” rating in a research report on Tuesday, November 12th.

Peakstone Realty Trust Trading Down 2.4 %

Peakstone Realty Trust stock opened at $10.49 on Tuesday. The stock has a 50-day moving average price of $11.71 and a 200 day moving average price of $12.81. The company has a market capitalization of $381.63 million, a price-to-earnings ratio of -8.89 and a beta of 2.59. Peakstone Realty Trust has a 52 week low of $9.89 and a 52 week high of $16.86. The company has a quick ratio of 5.24, a current ratio of 5.24 and a debt-to-equity ratio of 1.03.

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.