Piedmont Office (PDM) Stock Hold Rating Reiterated at Stifel Nicolaus; The PT is $18.0; Freestone Capital Holdings Has Boosted Enterprise Prods Partners L (EPD) Stake

Among 4 analysts covering Piedmont Office Realty Trust (NYSE:PDM), 1 have Buy rating, 0 Sell and 3 Hold. Therefore 25% are positive. Piedmont Office Realty Trust has $22 highest and $16.50 lowest target. $20.80’s average target is 15.17% above currents $18.06 stock price. Piedmont Office Realty Trust had 15 analyst reports since September 3, 2015 according to SRatingsIntel. The firm has “Outperform” rating by Robert W. Baird given on Monday, August 28. The firm earned “Hold” rating on Thursday, November 2 by Stifel Nicolaus. Robert W. Baird maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Monday, January 8. Robert W. Baird has “Buy” rating and $21.0 target. The firm has “Buy” rating given on Thursday, February 8 by Robert W. Baird. The rating was upgraded by Stifel Nicolaus on Monday, January 23 to “Hold”. The firm has “Sell” rating given on Monday, December 14 by Stifel Nicolaus. The stock of Piedmont Office Realty Trust, Inc. (NYSE:PDM) earned “Hold” rating by Stifel Nicolaus on Friday, July 14. The firm has “Sell” rating given on Tuesday, May 10 by Stifel Nicolaus. The firm has “Hold” rating given on Monday, January 22 by SunTrust. Stifel Nicolaus maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Monday, September 18. Stifel Nicolaus has “Hold” rating and $21.0 target.

Freestone Capital Holdings Llc increased Enterprise Prods Partners L (EPD) stake by 8.29% reported in 2017Q3 SEC filing. Freestone Capital Holdings Llc acquired 16,302 shares as Enterprise Prods Partners L (EPD)’s stock declined 6.06%. The Freestone Capital Holdings Llc holds 212,865 shares with $5.55M value, up from 196,563 last quarter. Enterprise Prods Partners L now has $56.15 billion valuation. The stock decreased 0.08% or $0.02 during the last trading session, reaching $25.98. About 8.27 million shares traded or 33.01% up from the average. Enterprise Products Partners L.P. (NYSE:EPD) has declined 0.18% since February 10, 2017 and is downtrending. It has underperformed by 16.88% the S&P500.

Analysts await Piedmont Office Realty Trust, Inc. (NYSE:PDM) to report earnings on February, 14. They expect $0.42 EPS, down 4.55% or $0.02 from last year’s $0.44 per share. PDM’s profit will be $60.63 million for 10.75 P/E if the $0.42 EPS becomes a reality. After $0.42 actual EPS reported by Piedmont Office Realty Trust, Inc. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

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 $2.61 billion. The Company’s geographically-diversified, over $5 billion portfolio is comprised of approximately 19 million square feet. It has a 19.25 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).

Since November 8, 2017, it had 0 insider buys, and 1 sale for $150,150 activity. The insider CANTRELL WESLEY E sold 7,500 shares worth $150,150.

Investors sentiment increased to 1.52 in Q3 2017. Its up 0.38, from 1.14 in 2017Q2. It improved, as 18 investors sold Piedmont Office Realty Trust, Inc. shares while 49 reduced holdings. 31 funds opened positions while 71 raised stakes. 117.88 million shares or 1.88% less from 120.14 million shares in 2017Q2 were reported. 2.72 million were reported by Renaissance Techs Limited Liability. Alpha Windward Ltd Com invested in 24,883 shares. Moreover, Capital Fund Management Sa has 0% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Smith Asset Management Grp Incorporated L P invested in 0% or 1,901 shares. National Bank Of Ny Mellon Corporation reported 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Nelson Van Denburg & Campbell Wealth Gru Lc has invested 0% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Kempen Cap Nv holds 0.18% or 116,143 shares. Qs Invsts Ltd Com reported 55,171 shares or 0.01% of all its holdings. Amundi Pioneer Asset Mngmt invested in 0.01% or 203,100 shares. Asset Management One Ltd holds 0.03% or 539,241 shares. Wellington Management Group Incorporated Llp has 0% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM). 15,250 were reported by Cue Fincl Grp. 53,511 were accumulated by Bnp Paribas Arbitrage Sa. Stifel Corp invested in 32,148 shares. Proshare Advisors Limited Liability Corp holds 0.01% or 34,073 shares.

The stock increased 3.38% or $0.59 during the last trading session, reaching $18.06. About 2.84 million shares traded or 169.52% up from the average. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has risen 9.82% since February 10, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

Freestone Capital Holdings Llc decreased Ishares Tr (ACWX) stake by 8,425 shares to 6,553 valued at $317,000 in 2017Q3. It also reduced Tableau Software Inc (NYSE:DATA) stake by 8,931 shares and now owns 6,718 shares. Civeo Corp Cda was reduced too.