Insider Buying: Piedmont Office Realty Trust, Inc. (PDM)’s Chief Inv. Off & EVP-NE Reg Christopher Smith Acquired 2,800 shares; Cobiz Financial Has 1.5 Sentiment

Company insider, Christopher Smith, Chief Inv. Off & EVP-NE Reg of Piedmont Office Realty Trust Inc obtained a total of 2,800 shares of the corporation, which is based on a stock price of $17.8 for every share. More details about the investment dated February 14, 2018, could be found freely available for review in a public form on the SEC website here. The regulatory filing shows that Christopher Smith now has rights to around 0.04% of the Georgia-based company’s total market capitalization

CoBiz Financial Inc., a diversified financial services company, provides various financial services and products in the United States. The company has market cap of $798.27 million. It operates through Commercial Banking and Fee-Based Lines divisions. It has a 24.74 P/E ratio. The Commercial Banking segment offers commercial, real estate, and private banking services; and treasury management, interest-rate hedging, and depository products.

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

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. $20.40’s average target is 12.21% above currents $18.18 stock price. Piedmont Office Realty Trust had 16 analyst reports since September 3, 2015 according to SRatingsIntel. As per Monday, August 28, the company rating was upgraded by Robert W. Baird. As per Tuesday, May 10, the company rating was maintained by Stifel Nicolaus. The stock has “Hold” rating by Stifel Nicolaus on Friday, July 14. The rating was maintained by Stifel Nicolaus with “Hold” on Friday, February 9. On Monday, January 8 the stock rating was maintained by Robert W. Baird with “Buy”. On Monday, January 23 the stock rating was upgraded by Stifel Nicolaus to “Hold”. As per Thursday, September 3, the company rating was maintained by SunTrust. SunTrust maintained Piedmont Office Realty Trust, Inc. (NYSE:PDM) rating on Monday, January 22. SunTrust has “Hold” rating and $21.0 target. The firm has “Hold” rating by Stifel Nicolaus given on Thursday, November 2. The stock of Piedmont Office Realty Trust, Inc. (NYSE:PDM) earned “Neutral” rating by DA Davidson on Tuesday, May 3.

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 $2.59 billion. The Company’s geographically-diversified, over $5 billion portfolio is comprised of approximately 19 million square feet. It has a 19.78 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).

The stock decreased 0.44% or $0.08 during the last trading session, reaching $18.18. About 1.52 million shares traded or 38.43% up from the average. Piedmont Office Realty Trust, Inc. (NYSE:PDM) has risen 9.82% since February 15, 2017 and is uptrending. It has underperformed by 6.88% the S&P500.

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. Legal And General Group Pcl has invested 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Laurion Cap Management Lp invested in 0% or 19,000 shares. Deutsche Bancshares Ag accumulated 1.67 million shares or 0.02% of the stock. Renaissance Techs Ltd Liability holds 0.06% or 2.72M shares. Tiaa Cref Investment Lc has invested 0.01% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Glenmede Tru Na holds 243 shares. Guggenheim Cap Limited Liability Corporation has 0.02% invested in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Parallax Volatility Advisers Ltd Partnership accumulated 139 shares. 1.82 million were reported by Nuveen Asset Mngmt Ltd. Parametric Portfolio Limited Liability Company reported 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Chicago Equity Prtn Limited Liability Co reported 53,840 shares or 0.03% of all its holdings. Barclays Public Limited Company stated it has 156,541 shares. Amundi Pioneer Asset Management has invested 0.01% in Piedmont Office Realty Trust, Inc. (NYSE:PDM). Utah Retirement has 41,127 shares. State Board Of Administration Of Florida Retirement Systems holds 0.01% of its portfolio in Piedmont Office Realty Trust, Inc. (NYSE:PDM) for 172,503 shares.

The stock increased 1.15% or $0.22 during the last trading session, reaching $19.3. About 177,765 shares traded or 48.26% up from the average. CoBiz Financial Inc. (COBZ) has risen 31.61% since February 15, 2017 and is uptrending. It has outperformed by 14.91% the S&P500.

Elizabeth Park Capital Advisors Ltd. holds 4.71% of its portfolio in CoBiz Financial Inc. for 617,958 shares. Broadview Advisors Llc owns 959,543 shares or 2.75% of their US portfolio. Moreover, Forest Hill Capital Llc has 1.65% invested in the company for 292,857 shares. The Illinois-based Banc Funds Co Llc has invested 1.27% in the stock. Nbw Capital Llc, a Massachusetts-based fund reported 134,298 shares.

Since January 1, 0001, it had 0 insider buys, and 7 insider sales for $944,926 activity.