Aurora Private Wealth Inc. Buys Shares of 19,177 Peakstone Realty Trust (NYSE:PKST)

Aurora Private Wealth Inc. acquired a new stake in Peakstone Realty Trust (NYSE:PKST - Free Report) during the first quarter, according to its most recent filing with the SEC. The firm acquired 19,177 shares of the company's stock, valued at approximately $242,000. Aurora Private Wealth Inc. owned about 0.05% of Peakstone Realty Trust as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Rhumbline Advisers boosted its stake in shares of Peakstone Realty Trust by 34.6% in the 4th quarter. Rhumbline Advisers now owns 77,894 shares of the company's stock valued at $862,000 after purchasing an additional 20,011 shares during the last quarter. Proficio Capital Partners LLC acquired a new position in Peakstone Realty Trust in the fourth quarter valued at approximately $144,000. Charles Schwab Investment Management Inc. lifted its holdings in Peakstone Realty Trust by 3.5% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 363,410 shares of the company's stock valued at $4,023,000 after buying an additional 12,403 shares during the period. Raymond James Financial Inc. bought a new position in Peakstone Realty Trust in the fourth quarter valued at approximately $145,000. Finally, AlphaQuest LLC acquired a new stake in Peakstone Realty Trust during the 4th quarter worth $30,000. 38.98% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PKST has been the topic of a number of analyst reports. UBS Group increased their price target on Peakstone Realty Trust from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Tuesday, May 13th. Truist Financial upped their price objective on Peakstone Realty Trust from $15.00 to $16.00 and gave the company a "hold" rating in a report on Tuesday, June 3rd.

Peakstone Realty Trust Trading Up 0.4%

Shares of NYSE:PKST traded up $0.05 during mid-day trading on Thursday, reaching $13.18. The stock had a trading volume of 104,967 shares, compared to its average volume of 183,193. The firm has a 50 day simple moving average of $12.35 and a two-hundred day simple moving average of $11.78. Peakstone Realty Trust has a twelve month low of $9.89 and a twelve month high of $16.26. The firm has a market cap of $484.74 million, a PE ratio of -7.45 and a beta of 1.73. The company has a current ratio of 3.81, a quick ratio of 3.81 and a debt-to-equity ratio of 1.25.

Peakstone Realty Trust Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, July 17th. Shareholders of record on Monday, June 30th will be issued a $0.225 dividend. The ex-dividend date is Monday, June 30th. This represents a $0.90 annualized dividend and a yield of 6.83%. Peakstone Realty Trust's dividend payout ratio (DPR) is presently -50.85%.

About Peakstone Realty Trust

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.