KBC Group NV decreased its position in shares of Terreno Realty Corporation (NYSE:TRNO) by 27.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 20,841 shares of the real estate investment trust’s stock after selling 7,849 shares during the period. KBC Group NV’s holdings in Terreno Realty Corporation were worth $584,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. State of Alaska Department of Revenue boosted its position in Terreno Realty Corporation by 36.6% in the first quarter. State of Alaska Department of Revenue now owns 25,960 shares of the real estate investment trust’s stock worth $726,000 after buying an additional 6,950 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Terreno Realty Corporation by 8.8% in the fourth quarter. Dimensional Fund Advisors LP now owns 471,475 shares of the real estate investment trust’s stock worth $13,432,000 after buying an additional 37,993 shares in the last quarter. Credit Agricole S A boosted its position in Terreno Realty Corporation by 87.0% in the fourth quarter. Credit Agricole S A now owns 35,583 shares of the real estate investment trust’s stock worth $1,013,000 after buying an additional 16,555 shares in the last quarter. Metropolitan Life Insurance Co. NY boosted its position in Terreno Realty Corporation by 0.3% in the fourth quarter. Metropolitan Life Insurance Co. NY now owns 33,808 shares of the real estate investment trust’s stock worth $963,000 after buying an additional 117 shares in the last quarter. Finally, State Street Corp boosted its position in Terreno Realty Corporation by 11.5% in the fourth quarter. State Street Corp now owns 926,216 shares of the real estate investment trust’s stock worth $26,387,000 after buying an additional 95,700 shares in the last quarter.

Institutional Ownership by Quarter for Terreno Realty Corporation (NYSE:TRNO)

Terreno Realty Corporation (NYSE:TRNO) opened at 32.62 on Tuesday. The company has a market cap of $1.60 billion, a PE ratio of 151.72 and a beta of 0.84. The company has a 50-day moving average price of $32.40 and a 200 day moving average price of $29.19. Terreno Realty Corporation has a 52 week low of $24.38 and a 52 week high of $34.00.

Terreno Realty Corporation (NYSE:TRNO) last posted its earnings results on Wednesday, May 3rd. The real estate investment trust reported $0.10 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.27 by $0.17. Terreno Realty Corporation had a net margin of 11.02% and a return on equity of 1.64%. The company had revenue of $31.44 million during the quarter, compared to analyst estimates of $30.76 million. On average, equities research analysts forecast that Terreno Realty Corporation will post $0.50 EPS for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, July 21st. Investors of record on Friday, July 7th will be issued a $0.20 dividend. The ex-dividend date of this dividend is Wednesday, July 5th. This represents a $0.80 annualized dividend and a yield of 2.45%.

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A number of research analysts have recently commented on TRNO shares. National Securities reaffirmed a “buy” rating and set a $29.00 target price (up previously from $28.00) on shares of Terreno Realty Corporation in a research note on Monday, March 20th. Zacks Investment Research cut Terreno Realty Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, February 21st. Stifel Nicolaus increased their price objective on Terreno Realty Corporation from $29.00 to $34.50 and gave the stock a “buy” rating in a research note on Monday, May 15th. Wunderlich increased their price objective on Terreno Realty Corporation from $31.00 to $34.00 and gave the stock a “buy” rating in a research note on Monday, May 8th. Finally, Jefferies Group LLC reissued a “hold” rating and issued a $29.00 price objective on shares of Terreno Realty Corporation in a research note on Monday, April 17th. Seven research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Terreno Realty Corporation has an average rating of “Hold” and a consensus price target of $30.39.

Terreno Realty Corporation Company Profile

Terreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (DC)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment.

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