Terreno Realty Corporation (TRNO) : Spirit Of America Management Corpny added new position in Terreno Realty Corporation during the most recent quarter end. The investment management firm now holds 5,675 shares of Terreno Realty Corporation which is valued at $148,231 , the company said in a statement filed on Oct 14, 2016 with the SEC.Terreno Realty Corporation makes up approximately 0.02% of Spirit Of America Management Corpny’s portfolio.
Other Hedge Funds, Including , Legal General Group Plc boosted its stake in TRNO in the latest quarter, The investment management firm added 10,233 additional shares and now holds a total of 98,078 shares of Terreno Realty Corporation which is valued at $2,481,373.Eagle Asset Management Inc reduced its stake in TRNO by selling 59,216 shares or 32.56% in the most recent quarter. The Hedge Fund company now holds 122,665 shares of TRNO which is valued at $3,103,425. Terreno Realty Corporation makes up approx 0.02% of Eagle Asset Management Inc’s portfolio.Bnp Paribas Arbitrage Sa boosted its stake in TRNO in the latest quarter, The investment management firm added 1,523 additional shares and now holds a total of 3,523 shares of Terreno Realty Corporation which is valued at $88,674.
Terreno Realty Corporation opened for trading at $26.17 and hit $26.36 on the upside on Friday, eventually ending the session at $26.12, with a gain of 0.04% or 0.01 points. The heightened volatility saw the trading volume jump to 1,45,994 shares. Company has a market cap of $1,203 M.
Many Wall Street Analysts have commented on Terreno Realty Corporation. Terreno Realty Corporation was Downgraded by JMP Securities to ” Mkt Perform” on Aug 22, 2016. Company shares were Reiterated by FBR Capital on Jul 29, 2016 to “Mkt Perform”, Firm has raised the Price Target to $ 26 from a previous price target of $24 .Company shares were Reiterated by Compass Point on Jul 28, 2016 to “Neutral”, Firm has raised the Price Target to $ 25 from a previous price target of $23 .
Terreno Realty Corporation (Terreno) acquires owns and operates industrial real estate located in six coastal United States markets: Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area and Washington D.C./Baltimore. The Company is engaged in the activities related to investing in real estate. The Company invests in several types of industrial real estate including warehouse or distribution; flex which include light industrial and research and development (R&D) and trans-shipment. The Company owns approximately126 buildings aggregating approximately nine million square feet and two improved land parcels which consist of approximately three acres.