American Assets Investment Management LLC held its position in CoreSite Realty Corporation (NYSE:COR) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 30,000 shares of the real estate investment trust’s stock at the end of the second quarter. American Assets Investment Management LLC’s holdings in CoreSite Realty Corporation were worth $3,106,000 as of its most recent filing with the SEC.

A number of other institutional investors have also bought and sold shares of the company. IFP Advisors Inc raised its position in CoreSite Realty Corporation by 203.8% in the first quarter. IFP Advisors Inc now owns 1,188 shares of the real estate investment trust’s stock worth $107,000 after buying an additional 797 shares during the last quarter. US Bancorp DE raised its position in CoreSite Realty Corporation by 6.7% in the second quarter. US Bancorp DE now owns 1,199 shares of the real estate investment trust’s stock worth $125,000 after buying an additional 75 shares during the last quarter. LS Investment Advisors LLC raised its position in CoreSite Realty Corporation by 4.6% in the second quarter. LS Investment Advisors LLC now owns 1,280 shares of the real estate investment trust’s stock worth $133,000 after buying an additional 56 shares during the last quarter. Whittier Trust Co. of Nevada Inc. raised its position in CoreSite Realty Corporation by 115.5% in the second quarter. Whittier Trust Co. of Nevada Inc. now owns 1,461 shares of the real estate investment trust’s stock worth $151,000 after buying an additional 783 shares during the last quarter. Finally, Creative Planning raised its position in CoreSite Realty Corporation by 129.2% in the first quarter. Creative Planning now owns 2,292 shares of the real estate investment trust’s stock worth $206,000 after buying an additional 1,292 shares during the last quarter.

CoreSite Realty Corporation (NYSE COR) opened at 110.96 on Wednesday. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of 63.84 and a beta of 0.57. The firm has a 50-day moving average of $105.82 and a 200 day moving average of $97.63. CoreSite Realty Corporation has a 12-month low of $64.81 and a 12-month high of $113.55.

CoreSite Realty Corporation (NYSE:COR) last released its quarterly earnings results on Thursday, July 27th. The real estate investment trust reported $1.10 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.08 by $0.02. CoreSite Realty Corporation had a net margin of 15.15% and a return on equity of 14.14%. The company had revenue of $117.89 million for the quarter, compared to analysts’ expectations of $117.32 million. During the same period last year, the company earned $0.89 EPS. The firm’s revenue for the quarter was up 22.7% compared to the same quarter last year. On average, equities analysts predict that CoreSite Realty Corporation will post $1.83 EPS for the current year.

The business also recently announced a quarterly dividend, which was paid on Monday, July 17th. Investors of record on Friday, June 30th were given a $0.90 dividend. The ex-dividend date of this dividend was Wednesday, June 28th. This is a boost from CoreSite Realty Corporation’s previous quarterly dividend of $0.80. This represents a $3.60 annualized dividend and a dividend yield of 3.26%. CoreSite Realty Corporation’s dividend payout ratio (DPR) is currently 206.90%.

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A number of equities analysts recently weighed in on COR shares. Zacks Investment Research upgraded shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating and set a $118.00 price target on the stock in a research report on Wednesday, June 28th. BidaskClub lowered shares of CoreSite Realty Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 28th. Jefferies Group LLC restated a “buy” rating and set a $117.00 price target on shares of CoreSite Realty Corporation in a research report on Wednesday, June 14th. Royal Bank Of Canada reiterated a “buy” rating and issued a $110.00 target price on shares of CoreSite Realty Corporation in a report on Thursday, June 8th. Finally, Macquarie reiterated a “hold” rating and issued a $84.00 target price on shares of CoreSite Realty Corporation in a report on Tuesday, July 4th. Nine investment analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. CoreSite Realty Corporation currently has a consensus rating of “Hold” and an average target price of $98.00.

In related news, CFO Jeffrey S. Finnin sold 8,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The shares were sold at an average price of $110.74, for a total value of $885,920.00. Following the sale, the chief financial officer now directly owns 110,493 shares of the company’s stock, valued at $12,235,994.82. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Derek Mccandless sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 1st. The stock was sold at an average price of $110.74, for a total transaction of $1,107,400.00. Following the completion of the sale, the senior vice president now directly owns 48,913 shares in the company, valued at $5,416,625.62. The disclosure for this sale can be found here. Insiders sold 28,000 shares of company stock worth $3,048,120 over the last three months. Corporate insiders own 3.10% of the company’s stock.

CoreSite Realty Corporation Company 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.

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

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