Piedmont Office Realty Trust, Inc. (PDM) Analysts See $0.41 EPS

April 17, 2018 - By wolcottdaily

Investors sentiment decreased to 1.26 in 2017 Q4. Its down 0.26, from 1.52 in 2017Q3. It dived, as 25 investors sold Piedmont Office Realty Trust, Inc. shares while 57 reduced holdings. 36 funds opened positions while 67 raised stakes. 115.88 million shares or 1.70% less from 117.88 million shares in 2017Q3 were reported.
Vanguard Group has 0.02% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 23.05 million shares. Atlantic Tru Group Inc Limited owns 225 shares or 0% of their US portfolio. Illinois-based Ubs Asset Mngmt Americas has invested 0.01% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Fmr Ltd Liability Corporation owns 7.76 million shares. Carroll Financial Associates holds 0% or 1,162 shares. State Board Of Administration Of Florida Retirement Sys holds 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 172,503 shares. 12,011 are held by Manufacturers Life Insurance Co The. D E Shaw & Communications holds 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM) or 15,300 shares. Nuveen Asset Ltd stated it has 3.00M shares. Tci Wealth Advsr Inc stated it has 0% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Piermont Mngmt Incorporated holds 130,821 shares or 0.84% of its portfolio. Strs Ohio has invested 0.03% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Northwestern Mutual Wealth Management reported 916 shares or 0% of all its holdings. Tower Research Capital Limited Liability Company (Trc) invested in 0% or 425 shares. Public Employees Retirement Systems Of Ohio invested 0.03% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM).

Since November 8, 2017, it had 2 insider purchases, and 1 insider sale for $161 activity. 5,700 shares were bought by Swope Jeffrey L., worth $100,149. CANTRELL WESLEY E had sold 7,500 shares worth $150,150 on Wednesday, November 8.

Analysts expect Piedmont Office Realty Trust, Inc. (NYSE:PDM) to report $0.41 EPS on May, 2.They anticipate $0.04 EPS change or 8.89 % from last quarter’s $0.45 EPS. PDM’s profit would be $54.33 million giving it 10.81 P/E if the $0.41 EPS is correct. After having $0.42 EPS previously, Piedmont Office Realty Trust, Inc.’s analysts see -2.38 % EPS growth. The stock increased 1.52% or $0.265 during the last trading session, reaching $17.735. About 725,849 shares traded. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has declined 17.45% since April 17, 2017 and is downtrending. It has underperformed by 29.00% the S&P500.

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Ratings Coverage

Among 3 analysts covering Piedmont Office (NYSE:PDM), 1 have Buy rating, 1 Sell and 1 Hold. Therefore 33% are positive. Piedmont Office had 7 analyst reports since November 2, 2017 according to SRatingsIntel. Robert W. Baird maintained it with “Buy” rating and $21.0 target in Monday, January 8 report. The stock has “Hold” rating by SunTrust on Monday, January 22. The firm has “Sell” rating by Stifel Nicolaus given on Tuesday, March 13. On Tuesday, March 6 the stock rating was maintained by SunTrust with “Hold”. The firm earned “Hold” rating on Friday, February 9 by Stifel Nicolaus. Robert W. Baird maintained the stock with “Buy” rating in Thursday, February 8 report. Stifel Nicolaus maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Thursday, November 2. Stifel Nicolaus has “Hold” rating and $20.0 target.

Piedmont Office Realty Trust, Inc. is an owner, manager, developer, and operator of high-quality, Class A office properties in select submarkets located primarily within eight major U.S. office markets. The company has market cap of $2.35 billion. The Company’s geographically-diversified, over $5 billion portfolio is comprised of approximately 19 million square feet. It has a 19.28 P/E ratio. The Firm is a fully-integrated, self-managed real estate investment trust (REIT) with local management offices in each of its major markets and is investment-grade rated by Standard & Poor's (BBB) and Moody's (Baa2).

Piedmont Office Realty Trust, Inc. (NYSE:PDM) Institutional Positions Chart

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