Griffin Realty Trust, Inc. – America's Blue-Chip LandlordTM – is an internally managed, publicly-registered, non-traded REIT. The Company owns and operates a geographically-diversified portfolio of strategically-located, high-quality, corporate office and industrial properties that are primarily net leased to single tenants that the Company has determined to be creditworthy. As of September 30, 2022, the Company's wholly-owned real estate portfolio consisted of 79 properties, in 24 states consisting substantially of office, warehouse, and manufacturing facilities.
Company profile
Ticker
PKST
Exchange
Website
Employees
Fiscal year end
Industry (SIC)
Former names
Griffin Capital Essential Asset REIT II, Inc., Griffin Capital Essential Asset REIT, Inc., Griffin Realty Trust, Griffin Realty Trust, Inc.
SEC CIK
Corporate docs
Subsidiaries
GRT (Cardinal REIT Merger Sub), LLC • PKST OP, L.P. • GRT OP (Cardinal New GP Sub), LLC • GRT OP (Cardinal LP • Cole Corporate Income Operating Partnership • CCIT II Securities Investments, LLC • ARCP GP OFC San Jose (Orchard) CA, LLC • ARCP OFC Phoenix (Central) AZ, LLC • CIM OFC Platteville CO, LLC • ARCP OFC Johnston IA (Phase II), LLC ...
IRS number
464654479
PKST stock data
Latest filings (excl ownership)
10-K/A
2023 FY
Annual report (amended)
28 Mar 24
8-K
Peakstone Realty Trust Announces Date for 2024 Annual Meeting of Shareholders
7 Mar 24
10-K
2023 FY
Annual report
22 Feb 24
8-K
Peakstone Realty Trust Reports Fourth Quarter and Full Year 2023 Results
22 Feb 24
8-K
Departure of Directors or Certain Officers
22 Nov 23
10-Q
2023 Q3
Quarterly report
9 Nov 23
8-K
Peakstone Realty Trust Reports 2023 Third Quarter Results
9 Nov 23
8-K
Other Events
7 Sep 23
8-K
Other Events
9 Aug 23
424B5
Prospectus supplement for primary offering
8 Aug 23
Transcripts
Latest ownership filings
4
Bryan Yamasawa
3 Apr 24
4
Nina Momtazee Sitzer
3 Apr 24
4
JAVIER F BITAR
3 Apr 24
4
MICHAEL J ESCALANTE
3 Apr 24
4
Bryan Yamasawa
27 Mar 24
4
Nina Momtazee Sitzer
27 Mar 24
4
JAVIER F BITAR
27 Mar 24
4
MICHAEL J ESCALANTE
27 Mar 24
SC 13G
VANGUARD GROUP INC
13 Feb 24
SC 13G
BlackRock Inc.
26 Jan 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 370.10 mm | 370.10 mm | 370.10 mm | 370.10 mm | 370.10 mm | 370.10 mm |
Cash burn (monthly) | (no burn) | (no burn) | (no burn) | 32.89 mm | (no burn) | (no burn) |
Cash used (since last report) | n/a | n/a | n/a | 219.90 mm | n/a | n/a |
Cash remaining | n/a | n/a | n/a | 150.19 mm | n/a | n/a |
Runway (months of cash) | n/a | n/a | n/a | 4.6 | n/a | n/a |
Institutional ownership, Q3 2023
33.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 194 |
Opened positions | 42 |
Closed positions | 26 |
Increased positions | 74 |
Reduced positions | 42 |
13F shares | Current |
---|---|
Total value | 192.40 bn |
Total shares | 12.07 mm |
Total puts | 44.70 k |
Total calls | 4.40 k |
Total put/call ratio | 10.2 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 2.51 mm | $41.78 bn |
Vanguard | 1.82 mm | $30.34 bn |
STT State Street | 751.78 k | $12.68 bn |
Geode Capital Management | 714.09 k | $11.88 bn |
Centaurus Financial | 485.73 k | $8.27 bn |
Charles Schwab Investment Management | 455.33 k | $7.58 bn |
Advisor | 453.73 k | $7.55 bn |
Cambridge Investment Research Advisors | 324.23 k | $5.40 mm |
NTRS Northern Trust | 307.54 k | $5.12 bn |
LPL Financial | 266.59 k | $4.44 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Apr 24 | Nina Momtazee Sitzer | Common Stock | Grant | Acquire A | No | No | 16.13 | 61,996 | 1,000.00 k | 90,498.251 |
1 Apr 24 | Javier F Bitar | Common Stock | Grant | Acquire A | No | No | 16.13 | 61,996 | 1,000.00 k | 106,506.985 |
1 Apr 24 | Michael J Escalante | Common Stock | Grant | Acquire A | No | No | 16.13 | 216,987 | 3.50 mm | 394,594.612 |
1 Apr 24 | Bryan Yamasawa | Common Stock | Grant | Acquire A | No | No | 16.13 | 9,299 | 149.99 k | 19,597.549 |
25 Mar 24 | Bryan Yamasawa | Common Stock | Payment of exercise | Dispose F | No | No | 16.22 | 249.5 | 4.05 k | 10,298.549 |
News
Truist Securities Maintains Hold on Peakstone Realty Tr, Lowers Price Target to $15
16 Apr 24
Real Estate, Regional Bank Stocks Tank, Energy Cushions The Blow: March Inflation Rates Shake Up Sectors
10 Apr 24
10 Real Estate Stocks Move On Thursday: Fed Rate Cut Possibility Sparks Rally For Troubled Sector
21 Mar 24
Peakstone Realty Trust Q4 2023 FFO $0.80 Beats $0.71 Estimate, Sales $63.06M Beat $61.70M Estimate
22 Feb 24
Earnings Scheduled For February 22, 2024
22 Feb 24
Press releases
Peakstone Realty Trust Announces Date for First Quarter 2024 Earnings Release and Webcast
18 Apr 24
Peakstone Realty Trust Announces Date for 2024 Annual Meeting of Shareholders
7 Mar 24
Peakstone Realty Trust Announces Date for Fourth Quarter and Full Year 2023 Earnings Release and Webcast
30 Jan 24
Peakstone Realty Trust Announces Tax Treatment of 2023 Distributions
30 Jan 24