Kemper Corp Master Retirement Trust continued to hold its stake in shares of CoreSite Realty Corporation (NYSE:COR) during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,650 shares of the real estate investment trust’s stock at the end of the second quarter. Kemper Corp Master Retirement Trust’s holdings in CoreSite Realty Corporation were worth $378,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. US Bancorp DE raised its holdings in CoreSite Realty Corporation by 6.7% in the 2nd quarter. US Bancorp DE now owns 1,199 shares of the real estate investment trust’s stock worth $125,000 after acquiring an additional 75 shares during the period. LS Investment Advisors LLC raised its holdings in CoreSite Realty Corporation by 4.6% in the 2nd quarter. LS Investment Advisors LLC now owns 1,280 shares of the real estate investment trust’s stock worth $133,000 after acquiring an additional 56 shares during the period. IFP Advisors Inc raised its holdings in CoreSite Realty Corporation by 14.6% in the 2nd quarter. IFP Advisors Inc now owns 1,362 shares of the real estate investment trust’s stock worth $141,000 after acquiring an additional 174 shares during the period. Whittier Trust Co. of Nevada Inc. raised its holdings in CoreSite Realty Corporation by 115.5% in the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,461 shares of the real estate investment trust’s stock worth $151,000 after acquiring an additional 783 shares during the period. Finally, Schroder Investment Management Group bought a new position in CoreSite Realty Corporation in the 2nd quarter worth $188,000. Hedge funds and other institutional investors own 98.32% of the company’s stock.

WARNING: “Kemper Corp Master Retirement Trust Has $378,000 Position in CoreSite Realty Corporation (COR)” was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this report on another publication, it was copied illegally and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://www.dailypolitical.com/2017/10/08/kemper-corp-master-retirement-trust-has-378000-position-in-coresite-realty-corporation-cor.html.

CoreSite Realty Corporation (COR) traded up 0.94% during mid-day trading on Friday, reaching $112.93. 356,686 shares of the company’s stock traded hands. CoreSite Realty Corporation has a 1-year low of $64.81 and a 1-year high of $120.85. The firm has a 50 day moving average of $113.47 and a 200 day moving average of $104.27. The firm has a market cap of $3.87 billion, a PE ratio of 64.98 and a beta of 0.56.

CoreSite Realty Corporation (NYSE:COR) last issued its quarterly earnings data on Thursday, July 27th. The real estate investment trust reported $1.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.08 by $0.02. The company had revenue of $117.89 million for the quarter, compared to analyst estimates of $117.32 million. CoreSite Realty Corporation had a net margin of 15.15% and a return on equity of 14.14%. The company’s revenue was up 22.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.89 earnings per share. Analysts forecast that CoreSite Realty Corporation will post $1.82 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 16th. Stockholders of record on Friday, September 29th will be given a $0.90 dividend. This represents a $3.60 annualized dividend and a dividend yield of 3.19%. The ex-dividend date is Thursday, September 28th. CoreSite Realty Corporation’s payout ratio is presently 206.90%.

COR has been the topic of several recent analyst reports. BidaskClub upgraded shares of CoreSite Realty Corporation from a “buy” rating to a “strong-buy” rating in a report on Friday, August 25th. Zacks Investment Research downgraded shares of CoreSite Realty Corporation from a “buy” rating to a “hold” rating in a report on Tuesday, July 4th. KeyCorp reiterated a “hold” rating on shares of CoreSite Realty Corporation in a report on Tuesday, September 12th. Royal Bank Of Canada reiterated a “buy” rating on shares of CoreSite Realty Corporation in a report on Tuesday, July 18th. Finally, Jefferies Group LLC reiterated a “buy” rating and issued a $117.00 target price on shares of CoreSite Realty Corporation in a report on Wednesday, June 14th. Seven investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of $102.10.

In other news, CEO Paul E. Szurek sold 3,805 shares of the stock in a transaction dated Wednesday, September 13th. The shares were sold at an average price of $117.48, for a total value of $447,011.40. Following the transaction, the chief executive officer now directly owns 93,405 shares of the company’s stock, valued at $10,973,219.40. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Jeffrey S. Finnin sold 8,000 shares of the stock in a transaction dated Tuesday, August 1st. The shares were sold at an average price of $110.74, for a total transaction of $885,920.00. Following the completion of the transaction, the chief financial officer now directly owns 110,493 shares in the company, valued at $12,235,994.82. The disclosure for this sale can be found here. Insiders sold 21,805 shares of company stock worth $2,440,331 over the last three months. Insiders own 1.50% of the company’s stock.

CoreSite Realty Corporation Profile

CoreSite Realty Corporation (CoreSite) is an integrated, self-administered and self-managed real estate investment trust. The Company, through its controlling interest in CoreSite, L.P., is engaged in the business of ownership, acquisition, construction and operation of data centers across a range of markets in the United States, including the Northern Virginia, New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver.

Want to see what other hedge funds are holding COR? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for CoreSite Realty Corporation (NYSE:COR).

Institutional Ownership by Quarter for CoreSite Realty Corporation (NYSE:COR)

Receive News & Ratings for CoreSite Realty Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for CoreSite Realty Corporation and related companies with MarketBeat.com's FREE daily email newsletter.