Latest news with #PKST
Yahoo
6 days ago
- Business
- Yahoo
Peakstone Realty Trust (PKST) Shifts Focus to Industrial Outdoor Storage REIT
Alluvial Capital Management, an investment advisory firm, released its second-quarter 2025 investor letter. A copy of the same can be downloaded here. The fund rose 8.5% in the quarter, bringing the year-to-date returns to 15.6%. As of June 30, the comparable US benchmarks continued to be in negative territory for the year. In addition, you can check the fund's top 5 holdings to determine its best picks for 2025. In its second-quarter 2025 investor letter, Alluvial Capital Management highlighted stocks such as Peakstone Realty Trust (NYSE:PKST). Peakstone Realty Trust (NYSE:PKST) is a real estate investment trust that focuses on shifting its portfolio composition towards industrial properties. The one-month return of Peakstone Realty Trust (NYSE:PKST) was -12.52%, and its shares gained 2.56% of their value over the last 52 weeks. On August 12, 2025, Peakstone Realty Trust (NYSE:PKST) stock closed at $12.02 per share, with a market capitalization of $442.22 million. Alluvial Capital Management stated the following regarding Peakstone Realty Trust (NYSE:PKST) in its second quarter 2025 investor letter: "Peakstone Realty Trust (NYSE:PKST) continues its transition into an industrial outdoor storage-focused REIT. PeakStone Realty has now sold all its non-core properties, and is currently marketing another office building that is expected to bring in $100 million. Once sold, PeakStone will have reached its leverage target and can then focus entirely on growing its industrial outdoor storage platform. Valuing only currently leased industrial properties using a 6% cap rate and valuing the remaining offices using a 9% cap rate yields net asset value of $30 per share. This should be discounted for ongoing corporate costs, but the company's robust free cash flow yield supports a fair value much higher than current trading around $14." A close-up of a large industrial property, highlighting the size and scale of the company's real estate investments. Peakstone Realty Trust (NYSE:PKST) is not on our list of 30 Most Popular Stocks Among Hedge Funds. While we acknowledge the potential of Peakstone Realty Trust (NYSE:PKST) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money. Disclosure: None. This article is originally published at Insider Monkey.
Yahoo
25-06-2025
- Business
- Yahoo
Is Peakstone Realty Trust (PKST) Stock Outpacing Its Finance Peers This Year?
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Peakstone Realty Trust (PKST) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question. Peakstone Realty Trust is one of 857 companies in the Finance group. The Finance group currently sits at #5 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuring the average Zacks Rank of the individual stocks within the groups. The Zacks Rank emphasizes earnings estimates and estimate revisions to find stocks with improving earnings outlooks. This system has a long record of success, and these stocks tend to be on track to beat the market over the next one to three months. Peakstone Realty Trust is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for PKST's full-year earnings has moved 16.2% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive. Based on the latest available data, PKST has gained about 20.6% so far this year. Meanwhile, stocks in the Finance group have gained about 7.2% on average. As we can see, Peakstone Realty Trust is performing better than its sector in the calendar year. Another stock in the Finance sector, Banco Bilbao (BBVA), has outperformed the sector so far this year. The stock's year-to-date return is 57.6%. Over the past three months, Banco Bilbao's consensus EPS estimate for the current year has increased 5.4%. The stock currently has a Zacks Rank #2 (Buy). Looking more specifically, Peakstone Realty Trust belongs to the REIT and Equity Trust - Other industry, which includes 96 individual stocks and currently sits at #142 in the Zacks Industry Rank. On average, stocks in this group have gained 4.8% this year, meaning that PKST is performing better in terms of year-to-date returns. Banco Bilbao, however, belongs to the Banks - Foreign industry. Currently, this 66-stock industry is ranked #16. The industry has moved +24.6% so far this year. Going forward, investors interested in Finance stocks should continue to pay close attention to Peakstone Realty Trust and Banco Bilbao as they could maintain their solid performance. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Peakstone Realty Trust (PKST) : Free Stock Analysis Report Banco Bilbao Viscaya Argentaria S.A. (BBVA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23-06-2025
- Business
- Yahoo
Are You Looking for a Top Momentum Pick? Why Peakstone Realty Trust (PKST) is a Great Choice
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Peakstone Realty Trust (PKST), which currently has a Momentum Style Score of B. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Peakstone Realty Trust currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Let's discuss some of the components of the Momentum Style Score for PKST that show why this company shows promise as a solid momentum pick. Looking at a stock's short-term price activity is a great way to gauge if it has momentum, since this can reflect both the current interest in a stock and if buyers or sellers have the upper hand at the moment. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For PKST, shares are up 3.5% over the past week while the Zacks REIT and Equity Trust - Other industry is up 0.19% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 11.19% compares favorably with the industry's 3.99% performance as well. While any stock can see its price increase, it takes a real winner to consistently beat the market. That is why looking at longer term price metrics -- such as performance over the past three months or year -- can be useful as well. Over the past quarter, shares of Peakstone Realty Trust have risen 6.82%, and are up 22.54% in the last year. On the other hand, the S&P 500 has only moved 5.61% and 10.35%, respectively. Investors should also pay attention to PKST's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. PKST is currently averaging 142,862 shares for the last 20 days. The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with PKST. Over the past two months, 1 earnings estimate moved higher compared to none lower for the full year. These revisions helped boost PKST's consensus estimate, increasing from $2.18 to $2.50 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period. Taking into account all of these elements, it should come as no surprise that PKST is a #1 (Strong Buy) stock with a Momentum Score of B. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Peakstone Realty Trust on your short list. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Peakstone Realty Trust (PKST) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
