Mutual of America Capital Management LLC increased its holdings in Terreno Realty Corporation (NYSE:TRNO) by 0.0% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 282,500 shares of the real estate investment trust’s stock after buying an additional 113 shares during the period. Mutual of America Capital Management LLC owned 0.54% of Terreno Realty Corporation worth $9,509,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of TRNO. Stifel Financial Corp increased its stake in Terreno Realty Corporation by 0.9% in the first quarter. Stifel Financial Corp now owns 13,548 shares of the real estate investment trust’s stock valued at $379,000 after acquiring an additional 123 shares during the last quarter. Aperio Group LLC increased its stake in Terreno Realty Corporation by 1.3% in the second quarter. Aperio Group LLC now owns 9,599 shares of the real estate investment trust’s stock valued at $323,000 after acquiring an additional 126 shares during the last quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. increased its stake in Terreno Realty Corporation by 3.0% in the second quarter. Mitsubishi UFJ Kokusai Asset Management Co. Ltd. now owns 7,236 shares of the real estate investment trust’s stock valued at $244,000 after acquiring an additional 209 shares during the last quarter. BNP Paribas Arbitrage SA increased its stake in Terreno Realty Corporation by 1.7% in the first quarter. BNP Paribas Arbitrage SA now owns 16,853 shares of the real estate investment trust’s stock valued at $472,000 after acquiring an additional 282 shares during the last quarter. Finally, GAM Holding AG increased its stake in Terreno Realty Corporation by 7.6% in the second quarter. GAM Holding AG now owns 4,226 shares of the real estate investment trust’s stock valued at $142,000 after acquiring an additional 300 shares during the last quarter. Institutional investors own 97.86% of the company’s stock.

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TRNO has been the topic of a number of research analyst reports. Jefferies Group LLC reissued a “hold” rating and issued a $35.00 target price (up previously from $29.00) on shares of Terreno Realty Corporation in a research note on Friday, June 23rd. Stifel Nicolaus reissued a “buy” rating and issued a $34.50 target price on shares of Terreno Realty Corporation in a research note on Friday, July 14th. BidaskClub cut Terreno Realty Corporation from a “strong-buy” rating to a “buy” rating in a research note on Tuesday, July 25th. National Securities increased their target price on Terreno Realty Corporation from $33.00 to $35.00 and gave the company a “neutral” rating in a research note on Monday, August 21st. Finally, KeyCorp reissued a “buy” rating on shares of Terreno Realty Corporation in a research note on Wednesday, September 6th. Five research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $32.71.

Terreno Realty Corporation (NYSE TRNO) traded up 0.55% during mid-day trading on Monday, hitting $36.75. 117,465 shares of the stock were exchanged. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 77.53 and a beta of 0.82. The company’s 50-day moving average price is $35.51 and its 200 day moving average price is $32.13. Terreno Realty Corporation has a 52 week low of $24.81 and a 52 week high of $37.40.

Terreno Realty Corporation (NYSE:TRNO) last issued its quarterly earnings results on Wednesday, August 2nd. The real estate investment trust reported $0.27 EPS for the quarter, missing the consensus estimate of $0.28 by ($0.01). The firm had revenue of $32.78 million for the quarter, compared to the consensus estimate of $31.72 million. Terreno Realty Corporation had a net margin of 20.91% and a return on equity of 3.13%. Equities research analysts expect that Terreno Realty Corporation will post $0.64 EPS for the current year.

The company also recently declared a quarterly dividend, which will be paid on Friday, October 20th. Investors of record on Friday, October 6th will be issued a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 2.41%. This is an increase from Terreno Realty Corporation’s previous quarterly dividend of $0.20. The ex-dividend date is Thursday, October 5th. Terreno Realty Corporation’s dividend payout ratio is presently 173.91%.

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.

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

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