CoreSite Realty Corporation (NYSE:COR) insider Kenneth C. Mcnaughton purchased 50,000 shares of CoreSite Realty Corporation stock in a transaction dated Thursday, November 23rd. The stock was bought at an average price of $0.43 per share, for a total transaction of $21,500.00.

CoreSite Realty Corporation (NYSE:COR) traded up $0.48 on Thursday, hitting $116.88. 351,000 shares of the stock were exchanged, compared to its average volume of 426,660. CoreSite Realty Corporation has a one year low of $67.36 and a one year high of $120.85. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80. The firm has a market cap of $3,985.71, a P/E ratio of 26.51, a P/E/G ratio of 1.53 and a beta of 0.43.

CoreSite Realty Corporation (NYSE:COR) last posted its earnings results on Thursday, October 26th. The real estate investment trust reported $0.46 EPS for the quarter, missing the consensus estimate of $1.10 by ($0.64). CoreSite Realty Corporation had a return on equity of 15.35% and a net margin of 15.21%. The business had revenue of $123.07 million for the quarter, compared to analyst estimates of $121.27 million. During the same quarter in the prior year, the business earned $0.90 earnings per share. The firm’s quarterly revenue was up 21.5% on a year-over-year basis. equities analysts predict that CoreSite Realty Corporation will post 4.48 earnings per share for the current fiscal year.

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Large investors have recently bought and sold shares of the stock. Penserra Capital Management LLC acquired a new stake in CoreSite Realty Corporation during the 2nd quarter worth approximately $103,000. US Bancorp DE boosted its position in CoreSite Realty Corporation by 6.7% during the 2nd 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 period. LS Investment Advisors LLC boosted its position in CoreSite Realty Corporation by 4.6% during the 2nd 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 period. IFP Advisors Inc boosted its position in CoreSite Realty Corporation by 14.6% during the 2nd quarter. IFP Advisors Inc now owns 1,362 shares of the real estate investment trust’s stock worth $141,000 after buying an additional 174 shares during the period. Finally, Zions Bancorporation acquired a new stake in CoreSite Realty Corporation during the 3rd quarter worth approximately $170,000. Institutional investors and hedge funds own 95.27% of the company’s stock.

COR has been the topic of a number of research analyst reports. Zacks Investment Research upgraded shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research note on Wednesday, September 27th. BidaskClub upgraded shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, August 3rd. Citigroup Inc. raised their price target on shares of CoreSite Realty Corporation from $109.00 to $115.00 and gave the company a “buy” rating in a research note on Friday, October 27th. Cowen and Company restated a “buy” rating and issued a $111.00 price target on shares of CoreSite Realty Corporation in a research note on Thursday, October 19th. Finally, ValuEngine upgraded shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating in a research note on Thursday, November 9th. Seven investment analysts have rated the stock with a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $108.45.

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.

Insider Buying and Selling by Quarter for CoreSite Realty Corporation (NYSE:COR)

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