CoreSite Realty Corp. (NYSE:COR) shares were up 1.3% on Tuesday . The stock traded as high as $88.88 and last traded at $88.74, with a volume of 144,710 shares. The stock had previously closed at $87.56.

Several research analysts recently weighed in on COR shares. Canaccord Genuity initiated coverage on shares of CoreSite Realty Corp. in a research note on Tuesday, June 7th. They set a “buy” rating and a $92.00 price objective on the stock. Stephens cut shares of CoreSite Realty Corp. from an “overweight” rating to an “equal weight” rating in a research report on Friday, April 29th. Finally, Zacks Investment Research raised shares of CoreSite Realty Corp. from a “hold” rating to a “buy” rating and set a $74.00 target price for the company in a research report on Friday, March 11th. Two equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the stock. CoreSite Realty Corp. presently has an average rating of “Buy” and a consensus target price of $73.58.

The stock has a market capitalization of $2.75 billion and a price-to-earnings ratio of 75.69. The firm has a 50 day moving average of $81.64 and a 200-day moving average of $69.72.

CoreSite Realty Corp. (NYSE:COR) last issued its quarterly earnings data on Thursday, April 28th. The real estate investment trust reported $0.86 earnings per share for the quarter, beating the consensus estimate of $0.83 by $0.03. The company had revenue of $92.48 million for the quarter, compared to the consensus estimate of $93.90 million. During the same quarter last year, the business posted $0.64 earnings per share. CoreSite Realty Corp.’s revenue was up 23.9% on a year-over-year basis. Equities analysts expect that CoreSite Realty Corp. will post $3.58 EPS for the current fiscal year.

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Thursday, June 30th will be given a dividend of $0.53 per share. This represents a $2.12 annualized dividend and a dividend yield of 2.35%. The ex-dividend date of this dividend is Tuesday, June 28th.

In other news, SVP Derek Mccandless sold 10,000 shares of the firm’s stock in a transaction on Monday, May 2nd. The stock was sold at an average price of $75.47, for a total transaction of $754,700.00. Following the completion of the sale, the senior vice president now directly owns 86,066 shares of the company’s stock, valued at approximately $6,495,401.02. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CFO Jeffrey S. Finnin sold 4,000 shares of the firm’s stock in a transaction on Monday, May 2nd. The shares were sold at an average price of $75.52, for a total value of $302,080.00. Following the sale, the chief financial officer now directly owns 124,944 shares of the company’s stock, valued at $9,435,770.88. The disclosure for this sale can be found here.

Other large investors have made changes to their positions in the company. GSA Capital Partners LLP raised its stake in shares of CoreSite Realty Corp. by 130.3% in the fourth quarter. GSA Capital Partners LLP now owns 19,720 shares of the real estate investment trust’s stock valued at $1,119,000 after buying an additional 11,156 shares in the last quarter. Turner Investments L.P. raised its stake in shares of CoreSite Realty Corp. by 12.0% in the fourth quarter. Turner Investments L.P. now owns 28,000 shares of the real estate investment trust’s stock valued at $1,588,000 after buying an additional 3,000 shares in the last quarter. SECOR Capital Advisors LP raised its stake in shares of CoreSite Realty Corp. by 423.0% in the fourth quarter. SECOR Capital Advisors LP now owns 29,020 shares of the real estate investment trust’s stock valued at $1,646,000 after buying an additional 23,471 shares in the last quarter. Comerica Bank raised its stake in shares of CoreSite Realty Corp. by 15.6% in the fourth quarter. Comerica Bank now owns 30,949 shares of the real estate investment trust’s stock valued at $1,754,000 after buying an additional 4,169 shares in the last quarter. Finally, Whittier Trust Co. raised its stake in shares of CoreSite Realty Corp. by 1.1% in the fourth quarter. Whittier Trust Co. now owns 34,809 shares of the real estate investment trust’s stock valued at $1,974,000 after buying an additional 365 shares in the last quarter.

CoreSite Realty Corporation (CoreSite) is an integrated, self-administered, and self-managed real estate investment trust (REIT). CoreSite, L.P. (Operating Partnership) is a limited partnership of which the Company is the sole general partner. Through its controlling interest in CoreSite, L.P., the Company is engaged in the business of ownership, acquisition, construction and management of data centers across a range of markets in the United States, including the New York; Northern Virginia, which include Washington DC; San Francisco Bay areas; Los Angeles; Chicago; Boston; Miami, and Denver.

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