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

April 5, 2018 - By Nellie Frank

Investors sentiment decreased to 1.26 in Q4 2017. Its down 0.26, from 1.52 in 2017Q3. It dropped, 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.
Lsv Asset Management holds 0.21% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 6.77 million shares. Meeder Asset Mgmt owns 1,721 shares. New York State Teachers Retirement Systems has invested 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Nelson Van Denburg And Campbell Wealth Group Ltd Llc owns 109 shares or 0% of their US portfolio. Tci Wealth Advisors has 230 shares. Sumitomo Mitsui Tru stated it has 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). 355,913 were accumulated by Bankshares Of Montreal Can. Renaissance Limited Co has invested 0.07% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). 39,039 were reported by Voya Investment Management Limited Liability Co. Nomura Asset Mngmt holds 0.02% or 84,480 shares in its portfolio. Aperio Group Inc Limited owns 23,999 shares. Bluecrest Capital Ltd has 51,463 shares. Bailard holds 11,100 shares or 0.01% of its portfolio. Convergence Inv Prtnrs Llc reported 39,506 shares. Qs Invsts Llc holds 63,105 shares or 0.01% of its portfolio.

Since November 8, 2017, it had 2 insider purchases, and 1 sale for $161 activity. CANTRELL WESLEY E had sold 7,500 shares worth $150,150. $49,840 worth of Piedmont Office Realty Trust, Inc. (NYSE:PDM) was bought by Smith Christopher Brent on Monday, February 12.

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 $54.32 million giving it 10.83 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 decreased 0.28% or $0.05 during the last trading session, reaching $17.76. About 948,869 shares traded. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has declined 17.45% since April 6, 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. The rating was maintained by Robert W. Baird on Monday, January 8 with “Buy”. The stock of Piedmont Office Realty Trust, Inc. (NYSE:PDM) earned “Sell” rating by Stifel Nicolaus on Tuesday, March 13. The company was maintained on Thursday, November 2 by Stifel Nicolaus. Robert W. Baird maintained the stock with “Buy” rating in Thursday, February 8 report. SunTrust maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) on Monday, January 22 with “Hold” rating. Stifel Nicolaus maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Friday, February 9. Stifel Nicolaus has “Hold” rating and $18.0 target. The rating was maintained by SunTrust on Tuesday, March 6 with “Hold”.

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 19.3 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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