Nisa Investment Advisors LLC trimmed its holdings in shares of Terreno Realty Co. (NYSE:TRNO – Free Report) by 7.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,102 shares of the real estate investment trust’s stock after selling 1,967 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Terreno Realty were worth $1,558,000 at the end of the most recent reporting period.
A number of other institutional investors have also recently made changes to their positions in the business. V Square Quantitative Management LLC bought a new stake in shares of Terreno Realty during the third quarter worth $26,000. Assetmark Inc. lifted its holdings in Terreno Realty by 2,381.3% during the 3rd quarter. Assetmark Inc. now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 381 shares in the last quarter. International Assets Investment Management LLC boosted its position in Terreno Realty by 6,580.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,002 shares of the real estate investment trust’s stock valued at $67,000 after buying an additional 987 shares during the period. Huntington National Bank grew its stake in Terreno Realty by 7.4% in the third quarter. Huntington National Bank now owns 2,555 shares of the real estate investment trust’s stock worth $171,000 after purchasing an additional 177 shares in the last quarter. Finally, Amalgamated Bank grew its position in shares of Terreno Realty by 9.9% during the 2nd quarter. Amalgamated Bank now owns 3,154 shares of the real estate investment trust’s stock worth $187,000 after buying an additional 284 shares in the last quarter.
Analyst Upgrades and Downgrades
Several brokerages have issued reports on TRNO. StockNews.com cut Terreno Realty from a “hold” rating to a “sell” rating in a research report on Friday, October 11th. Barclays restated an “equal weight” rating and issued a $60.00 price target (down from $68.00) on shares of Terreno Realty in a report on Monday, January 13th. JMP Securities reiterated a “market outperform” rating and set a $72.00 price objective on shares of Terreno Realty in a research note on Monday, January 6th. Deutsche Bank Aktiengesellschaft began coverage on shares of Terreno Realty in a research note on Tuesday, January 14th. They issued a “hold” rating and a $60.00 target price for the company. Finally, Scotiabank reduced their target price on Terreno Realty from $70.00 to $67.00 and set a “sector perform” rating on the stock in a research report on Friday, October 25th. Two equities research analysts have rated the stock with a sell rating, seven have given a hold rating and three have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $67.50.
Terreno Realty Trading Up 1.9 %
NYSE:TRNO opened at $66.20 on Tuesday. The stock’s 50 day simple moving average is $60.45 and its 200-day simple moving average is $64.10. Terreno Realty Co. has a 12-month low of $53.78 and a 12-month high of $71.63. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 0.20. The firm has a market cap of $6.60 billion, a P/E ratio of 36.38, a PEG ratio of 2.68 and a beta of 0.90.
Terreno Realty (NYSE:TRNO – Get Free Report) last released its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.37 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.61 by ($0.24). Terreno Realty had a return on equity of 4.94% and a net margin of 45.37%. The business had revenue of $99.64 million during the quarter, compared to analysts’ expectations of $96.31 million. Equities analysts anticipate that Terreno Realty Co. will post 2.42 EPS for the current year.
Terreno Realty Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, January 7th. Stockholders of record on Friday, December 13th were issued a $0.49 dividend. The ex-dividend date was Friday, December 13th. This represents a $1.96 dividend on an annualized basis and a dividend yield of 2.96%. Terreno Realty’s dividend payout ratio (DPR) is 107.69%.
Terreno Realty Profile
Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, DC All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited.
Read More
- Five stocks we like better than Terreno Realty
- Business Services Stocks Investing
- Sizing Up a New Opportunity for NVIDIA Investors
- How to Calculate Options Profits
- Is DeepSeek Challenging NVIDIA’s AI Dominance?
- What is a Dividend King?
- The 3 Biggest M&A Stock Opportunities for 2025
Want to see what other hedge funds are holding TRNO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Terreno Realty Co. (NYSE:TRNO – Free Report).
Receive News & Ratings for Terreno Realty Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Terreno Realty and related companies with MarketBeat.com's FREE daily email newsletter.