Piedmont Realty Trust, Inc., formerly Piedmont Office Realty Trust, Inc., is a fully integrated, self-managed real estate investment company. As an owner, manager, developer and operator of 16 MM SF of Class A properties across major United States Sunbelt markets, the Company is transforming buildings into premier Piedmont PLACEs that enhance each client’s workplace experience. It conducts business through its wholly owned subsidiary, Piedmont Operating Partnership, L.P. (Piedmont OP). Piedmont OP owns properties directly, through wholly owned subsidiaries, and through various joint ventures which it controls. Its portfolio includes 999 Peachtree, 1155 Perimeter Center West, Las Colinas Connection, Park Place on Turtle Creek, Norman Pointe I, US Bancorp Center, The Exchange on Orange, 4250 North Fairfax, Arlington Gateway, Crescent Ridge II, and Wayside Office Park, among others.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 564.99M.
Fairly Valued
The company’s latest PE is -13.61, at a medium 3-year percentile range.
Institutional Buying
The latest institutional holdings are 131.70M shares, increasing 3.04% quarter-over-quarter.
Held by Bill Nygren | OAKMX
Star Investor Bill Nygren | OAKMX holds 54.54K shares of this stock.
Higher Market Activity
The company has more investor interest, with a 20-day turnover ratio of 0.62.