PDM Piedmont Office Realty Trust Dashboard

Piedmont Office Realty Trust, Inc. engages in the owning, managing, operating, leasing, acquiring, developing, investing in, and disposing of office real estate assets. . Its activities include acquisition, investment, development, management, disposing, and ownership of commercial real estate properties throughout the United States. The company was founded on July 3, 1997 and is headquartered in Atlanta, GA.

Company profile

Ticker

PDM

Exchange

NYSE

Website

www.piedmontreit.com

CEO

C. Brent Smith

Incorporated

Maryland

Location

Georgia

Fiscal year end

Dec 31

Sector

Real Estate and Rental and Leasing > Lessors of Nonresidential Buildings (except Miniwarehouses)

Industry (SIC)

Operators of Nonresidential Buildings

Spirit Realty • Spirit Realty Capital • Trinity Place • J.W. Mays • Gyrodyne • SB Partners • Ambase • Zoned Properties • Miller Industries • Irsa Propiedades Comerciales ...

Former names

WELLS REAL EASTATE INVESTMENT TRUST INC, WELLS REAL ESTATE INVESTMENT TRUST INC

SEC CIK

0001042776

Corporate docs

Articles of Incorporation & Bylaws

IRS number

582328421

PDM stock data

S&P 500

1M 1Y 2Y 5Y

News

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5 Value Stocks To Watch In The Real Estate Sector

22 Mar 21

The Meaning Behind Value Stocks

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22 Feb 21

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15 Feb 21

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Earnings Scheduled For February 10, 2021

10 Feb 21

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8 Feb 21

Press releases

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PIEDMONT OFFICE REALTY TRUST EARNS 2021 ENERGY STAR® PARTNER OF THE YEAR AWARD

13 Apr 21

Atlanta, GA, April 13, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (NYSE:PDM) today announced that the U.S. Environmental Protection Agency and the U.S. Department of Energy have recognized the Company

Piedmont Office Realty Trust, Inc to Report First Quarter 2021 Financial Results

7 Apr 21

Atlanta, April 07, 2021 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust (NYSE:PDM) announced today that the Company will release its first quarter financial results on Wednesday, April 28, 2021, after the close of

COPT Elects Raymond L. Owens to Board of Trustees

8 Mar 21

Corporate Office Properties Trust ("COPT" or the "Company") (NYSE:OFC) announced that its Board of Trustees elected Raymond L. Owens to serve on the Company's Board, effective March 5, 2021. "We are honored to

Piedmont Office Realty Trust, Inc. to Host Earnings Call

11 Feb 21

Piedmont Office Realty Trust Reports Fourth Quarter and Annual 2020 Results

10 Feb 21

Calendar

17 Feb 21

13 Apr 21

31 Dec 21

Financial summary

Financial statements Chart PDM financial data

Quarter (USD)	Dec 20	Sep 20	Jun 20	Mar 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 20	Dec 19	Dec 18	Dec 17
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from company earnings reports.

Cash burn rate (estimated)	Burn method: Change in cash		Burn method: Operating income/loss		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	9.21M	9.21M	9.21M	9.21M	9.21M	9.21M
Cash burn (monthly)	5.51M	514.33K	(positive/no burn)	(positive/no burn)	(positive/no burn)	(positive/no burn)
Cash used (since last report)	19.04M	1.78M	n/a	n/a	n/a	n/a
Cash remaining	-9.83M	7.44M	n/a	n/a	n/a	n/a
Runway (months of cash)	-1.8	14.5	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Recent insider trades

PDM insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 Mar 21	Taysom Dale H.	Common Stock	Gift	Dispose G	No	No	0	100	0	26,105.686
1 Mar 21	Bowers Robert E	Common Stock	Gift	Dispose G	No	No	17.46	10,213	178.32K	303,620
19 Feb 21	Bowers Robert E	Common Stock	Payment of exercise	Dispose F	No	No	16.88	2,102	35.48K	313,833
19 Feb 21	Bowers Robert E	Common Stock	Option exercise	Aquire M	No	No	0	4,660	0	315,935
19 Feb 21	Bowers Robert E	RSU Common Stock	Option exercise	Dispose M	No	No	0	4,660	0	31,186
19 Feb 21	Smith Christopher Brent	Common Stock	Payment of exercise	Dispose F	No	No	16.88	4,686	79.1K	146,143
19 Feb 21	Smith Christopher Brent	Common Stock	Option exercise	Aquire M	No	No	0	7,425	0	150,829
19 Feb 21	Smith Christopher Brent	RSU Common Stock	Option exercise	Dispose M	No	No	0	7,425	0	49,835
19 Feb 21	Pangburn Joseph H.	Common Stock	Payment of exercise	Dispose F	No	No	16.88	275	4.64K	50,636
19 Feb 21	Pangburn Joseph H.	Common Stock	Option exercise	Aquire M	No	No	0	1,126	0	50,911

Data from 3, 4 and 5 filings. Stock values as filed, not updated for current price.

Institutional ownership Q4 2020

PDM institutional ownership history Ownership history

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

84.6% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	232	244	-4.9%
Opened positions	32	35	-8.6%
Closed positions	44	21	+109.5%
Increased positions	86	86	–
Reduced positions	72	81	-11.1%

13F shares	Current	Prev Q	Change
Total value	1.7B	1.41B	+20.9%
Total shares	104.92M	103.72M	+1.2%
Total puts	11.8K	0	NEW
Total calls	178.1K	0	NEW
Total put/call ratio	0.1	–	–

Largest owners	Shares	Value	Change
Vanguard	17.92M	$290.78M	+1.3%
BLK Blackrock	12.45M	$201.99M	+7.5%
LSV Asset Management	6.2M	$100.62M	-2.9%
FMR	5.71M	$92.62M	-11.9%
STT State Street	4.95M	$81.42M	-1.0%
Wellington Management	4.2M	$68.09M	+81.6%
Cbre Clarion Securities	3.53M	$57.27M	+2.6%
NTRS Northern Trust	3.11M	$50.44M	-1.6%
Weiss Multi-Strategy Advisers	2.82M	$45.8M	+52.1%
Dimensional Fund Advisors	2.59M	$42.07M	+2.4%

Largest transactions	Shares	Bought/sold	Change
American Century Companies	0	-2.23M	EXIT
Wellington Management	4.2M	+1.88M	+81.6%
Norges Bank	1.61M	+1.61M	NEW
Robeco Institutional Asset Management B.V.	0	-1.28M	EXIT
Nuveen Asset Management	1.29M	-1.21M	-48.4%
Weiss Multi-Strategy Advisers	2.82M	+966.43K	+52.1%
BLK Blackrock	12.45M	+869.51K	+7.5%
FMR	5.71M	-768.15K	-11.9%
Balyasny Asset Management	1.38M	+685.56K	+98.3%
Kempen Capital Management	656.6K	+656.6K	NEW

Data from 13F filings. Stock values as filed, not updated for current price. Long positions only.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. junior Avg

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From filing 10-K 2020 FY