Robeco Institutional Asset Management B.V. Takes Position in Terreno Realty Co. (NYSE:TRNO)

Robeco Institutional Asset Management B.V. acquired a new stake in Terreno Realty Co. (NYSE:TRNO) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 67,947 shares of the real estate investment trust’s stock, valued at approximately $3,679,000. Robeco Institutional Asset Management B.V. owned about 0.10% of Terreno Realty as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also modified their holdings of TRNO. Evoke Wealth LLC acquired a new position in Terreno Realty during the third quarter worth $92,000. Huntington National Bank increased its position in Terreno Realty by 193.0% in the 4th quarter. Huntington National Bank now owns 2,417 shares of the real estate investment trust’s stock valued at $131,000 after acquiring an additional 1,592 shares during the period. Quantum Capital Management purchased a new position in Terreno Realty in the 3rd quarter valued at approximately $143,000. Ninepoint Partners LP bought a new position in Terreno Realty in the third quarter valued at $180,000. Finally, Cornerstone Investment Partners LLC bought a new stake in Terreno Realty in the fourth quarter worth $257,000.

TRNO has been the topic of a number of research reports. KeyCorp raised their price target on Terreno Realty from $60.00 to $63.00 and gave the stock an “overweight” rating in a research note on Monday, February 10th. DA Davidson reaffirmed a “buy” rating on shares of Terreno Realty in a research report on Wednesday, February 12th. Zacks Investment Research lowered shares of Terreno Realty from a “buy” rating to a “hold” rating in a research note on Tuesday, January 21st. Finally, BTIG Research lifted their price objective on shares of Terreno Realty from to and gave the company a “buy” rating in a research note on Monday, January 6th. Three research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. Terreno Realty currently has an average rating of “Buy” and an average target price of $56.00.

Shares of NYSE TRNO traded down $0.51 during midday trading on Thursday, reaching $61.48. 6,777 shares of the company were exchanged, compared to its average volume of 249,768. The stock has a fifty day simple moving average of $57.24 and a 200 day simple moving average of $54.03. Terreno Realty Co. has a 1 year low of $40.40 and a 1 year high of $62.31. The stock has a market cap of $4.19 billion, a P/E ratio of 60.82, a PEG ratio of 5.22 and a beta of 0.73. The company has a current ratio of 3.97, a quick ratio of 3.97 and a debt-to-equity ratio of 0.33.

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 1.76%. The ex-dividend date of this dividend is Thursday, March 26th.

Terreno Realty Company Profile

Terreno Realty Corporation 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

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

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