Sei Investments Co. raised its stake in shares of Terreno Realty Corporation (NYSE:TRNO) by 33,325.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 6,685 shares of the real estate investment trust’s stock after acquiring an additional 6,665 shares during the period. Sei Investments Co.’s holdings in Terreno Realty were worth $242,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Janus Henderson Group PLC bought a new position in shares of Terreno Realty in the 2nd quarter worth approximately $4,795,000. Fox Run Management L.L.C. bought a new position in shares of Terreno Realty in the 3rd quarter worth approximately $271,000. Schwab Charles Investment Management Inc. lifted its stake in shares of Terreno Realty by 9.7% in the 2nd quarter. Schwab Charles Investment Management Inc. now owns 207,105 shares of the real estate investment trust’s stock worth $6,972,000 after purchasing an additional 18,360 shares during the period. TIAA CREF Investment Management LLC lifted its stake in shares of Terreno Realty by 46.3% in the 2nd quarter. TIAA CREF Investment Management LLC now owns 293,020 shares of the real estate investment trust’s stock worth $9,863,000 after purchasing an additional 92,750 shares during the period. Finally, BlackRock Inc. lifted its stake in shares of Terreno Realty by 32.9% in the 2nd quarter. BlackRock Inc. now owns 5,536,531 shares of the real estate investment trust’s stock worth $186,359,000 after purchasing an additional 1,370,672 shares during the period. Institutional investors and hedge funds own 98.84% of the company’s stock.

Several research firms recently issued reports on TRNO. National Securities raised shares of Terreno Realty from a “neutral” rating to a “buy” rating and set a $45.00 target price for the company in a report on Wednesday, November 22nd. Zacks Investment Research lowered shares of Terreno Realty from a “hold” rating to a “sell” rating in a report on Tuesday, November 7th. Stifel Nicolaus reaffirmed a “buy” rating and set a $41.00 price objective (up from $37.00) on shares of Terreno Realty in a report on Tuesday, November 7th. B. Riley reaffirmed a “neutral” rating on shares of Terreno Realty in a report on Friday, November 3rd. Finally, KeyCorp reaffirmed a “buy” rating and set a $39.00 price objective on shares of Terreno Realty in a report on Sunday, November 5th. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and six have issued a buy rating to the company. Terreno Realty currently has a consensus rating of “Hold” and a consensus price target of $37.50.

Shares of Terreno Realty Corporation (TRNO) traded down $0.05 on Friday, reaching $36.77. The company had a trading volume of 558,100 shares, compared to its average volume of 322,626. The company has a market capitalization of $2,008.59, a P/E ratio of 35.75, a PEG ratio of 3.34 and a beta of 0.79. Terreno Realty Corporation has a 12 month low of $26.30 and a 12 month high of $38.54. The company has a debt-to-equity ratio of 0.47, a quick ratio of 4.87 and a current ratio of 4.87.

The business also recently declared a quarterly dividend, which will be paid on Friday, January 12th. Investors of record on Friday, December 29th will be given a $0.22 dividend. The ex-dividend date is Thursday, December 28th. This represents a $0.88 dividend on an annualized basis and a yield of 2.39%. Terreno Realty’s dividend payout ratio is presently 114.29%.

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Terreno Realty Profile

Terreno Realty Corporation acquires, owns and operates industrial real estate in coastal markets in the United States, such as Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami and Washington, District of Columbia (DC)/Baltimore. The Company invests in a range of industrial real estate, including warehouse/distribution, flex (including light industrial and research and development) and trans-shipment.

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

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