Peakstone Realty Trust (NYSE:PKST) Shares Acquired by Tsfg LLC

Tsfg LLC increased its holdings in shares of Peakstone Realty Trust (NYSE:PKST) by 43.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 2,933 shares of the company’s stock after acquiring an additional 882 shares during the period. Tsfg LLC’s holdings in Peakstone Realty Trust were worth $31,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of PKST. New York State Common Retirement Fund grew its holdings in shares of Peakstone Realty Trust by 33.5% in the fourth quarter. New York State Common Retirement Fund now owns 15,213 shares of the company’s stock valued at $303,000 after purchasing an additional 3,818 shares during the period. Bleakley Financial Group LLC purchased a new stake in Peakstone Realty Trust in the fourth quarter valued at $223,000. Truist Financial Corp raised its position in Peakstone Realty Trust by 8.6% in the fourth quarter. Truist Financial Corp now owns 18,513 shares of the company’s stock valued at $369,000 after purchasing an additional 1,472 shares during the period. Creekmur Asset Management LLC purchased a new stake in Peakstone Realty Trust in the fourth quarter valued at $517,000. Finally, Allspring Global Investments Holdings LLC purchased a new stake in Peakstone Realty Trust in the first quarter valued at $48,000. Hedge funds and other institutional investors own 38.98% of the company’s stock.

Peakstone Realty Trust Trading Up 4.9 %

Shares of PKST stock traded up $0.57 on Thursday, hitting $12.29. The stock had a trading volume of 55,824 shares, compared to its average volume of 160,336. The company has a debt-to-equity ratio of 1.18, a current ratio of 7.90 and a quick ratio of 7.90. The firm has a market capitalization of $446.25 million, a P/E ratio of -0.75 and a beta of 2.62. Peakstone Realty Trust has a 1 year low of $9.89 and a 1 year high of $22.69. The company’s 50 day moving average price is $12.03 and its 200-day moving average price is $13.52.

Peakstone Realty Trust Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 17th. Stockholders of record on Monday, September 30th will be given a dividend of $0.225 per share. The ex-dividend date is Monday, September 30th. This represents a $0.90 annualized dividend and a dividend yield of 7.32%. Peakstone Realty Trust’s dividend payout ratio is currently -5.79%.

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.