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Piedmont Office Realty Trust's (PDM) "Hold" Rating Reaffirmed at Stifel Nicolaus

The 14-day RSI is presently standing at 73.38, the 7-day is 83.85, and the 3-day is resting at 91.58.

The stock decreased 0.10% or $0.01 on September 29, reaching $10.22. About 44.90M shares traded or 197.35% up from the average. It has underperformed by 11.26% the S&P500.

Piedmont Office Realty Trust (NYSE PDM) traded up 0.10% on Monday, reaching $20.19. Next quarter's EPS is estimated at $0.12 with next year's EPS projected to be $0.41. (PDM) formed wedge down with $19.15 target or 5.00% below today's $20.16 share price. The shares were sold at an average price of $9.81, for a total transaction of $237,107.70. Lexington Realty Trust (NYSE:LXP) has risen 5.44% since September 30, 2016 and is uptrending. It has underperformed by 5.63% the S&P500.

Investors sentiment increased to 1.14 in 2017 Q2. Its up 0.16, from 0.98 in 2017Q1. It increased, as 13 investors sold Piedmont Office Realty Trust, Inc. shares while 66 reduced holdings. 32 funds opened positions while 79 raised stakes. The firm exchanged a volume of 1.47 million shares at hands. The original version of this report can be viewed at https://weekherald.com/2017/09/28/zacks-analysts-anticipate-piedmont-office-realty-trust-inc-pdm-will-announce-quarterly-sales-of-140-39-million.html. (NYSE:PDM). Moreover, Deutsche Fincl Bank Ag has 0.06% invested in Piedmont Office Realty Trust, Inc. Teachers Retirement Of The State Of Kentucky holds 0.01% or 70,408 shares in its portfolio. Tiaa Cref Invest Ltd Liability Company invested in 0% or 309,810 shares. Morgan Stanley has "Equal Weight" rating and $47 target. (NYSE:PDM). Kempen Mngmt Nv holds 0.16% in Piedmont Office Realty Trust, Inc. Sg Americas Secs Lc holds 0% or 8,060 shares in its portfolio. Bsw Wealth Prtnrs invested in 0.48% or 49,996 shares. Us National Bank & Trust De, a Minnesota-based fund reported 268 shares. 15,084 are owned by Mackenzie Financial Corporation. Huntington Savings Bank reported 2,000 shares or 0% of all its holdings.

Since May 18, 2017, it had 0 insider purchases, and 2 selling transactions for $2.04 million activity.

In other news, CEO T Wilson Eglin sold 24,170 shares of Lexington Realty Trust stock in a transaction dated Monday, August 14th. Stifel Nicolaus maintained the shares of PDM in report on Tuesday, May 10 with "Sell" rating. Therefore 25% are positive. Lexington Realty had 19 analyst reports since September 8, 2015 according to SRatingsIntel. (NYSE:PDM) earned "Neutral" rating by SunTrust on Thursday, September 3. Zacks Investment Research raised shares of Piedmont Office Realty Trust from a "hold" rating to a "buy" rating and set a $24.00 price objective for the company in a research report on Wednesday, July 5th. The company was upgraded on Monday, August 28 by Robert W. Baird.

10/16/2013 - Lexington Realty Trust was downgraded to "hold" by analysts at Stifel Nicolaus. On Tuesday, May 3 the stock rating was maintained by DA Davidson with "Neutral". The rating was downgraded by Stifel Nicolaus to "Sell" on Monday, December 14.

01/23/2017 - Lexington Realty Trust was downgraded to "underweight" by analysts at Barclays. Lexington Realty has $1100 highest and $8 lowest target. They now have a Dollars 10.75 price target on the stock. The firm has "Outperform" rating by Evercore given on Thursday, May 25. The stock has a market cap of $2.94 billion, a price-to-earnings ratio of 52.44 and a beta of 0.61. The Firm owns a portfolio of equity and debt investments in single-tenant commercial properties. It has a 52.24 P/E ratio. As of December 31, 2016, the Company had equity ownership interests in approximately 195 consolidated real estate properties, located in 40 states and containing an aggregate of approximately 43.3 million square feet of space, approximately 96.0% of which was leased. Its the same as in 2017Q1.

Want to see what other hedge funds are holding PDM? Rmb Capital Mngmt Limited invested in 0.02% or 14,253 shares. For the past 5 years, the stock's EPS growth has been almost 31.20%.

Support is likely to come between $10.12 a share to $10.02 a share level. Olstein Cap Management Lp reported 2.18% stake. First Foundation Advsrs has invested 2.17% of its portfolio in Oracle Corporation (NYSE:ORCL). Roundview Capital Ltd holds 47,784 shares or 0.7% of its portfolio. The analyst recommendations from a month ago are 0 Buy, 0 Strong Buy, 1 Sell, 1 Hold and 6. The firm earned "Buy" rating on Wednesday, June 21 by Drexel Hamilton. The stock has "Buy" rating by Jefferies on Friday, September 15.



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