Teachers Insurance & Annuity Association of America grew its position in CoreSite Realty Corp (NYSE:COR) by 9.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 37,213 shares of the real estate investment trust’s stock after purchasing an additional 3,350 shares during the period. Teachers Insurance & Annuity Association of America owned about 0.11% of CoreSite Realty worth $4,239,000 at the end of the most recent reporting period.
Other hedge funds have also recently made changes to their positions in the company. Janus Henderson Group PLC purchased a new stake in shares of CoreSite Realty in the third quarter valued at about $9,571,000. Copper Rock Capital Partners LLC raised its holdings in shares of CoreSite Realty by 47.7% in the fourth quarter. Copper Rock Capital Partners LLC now owns 72,787 shares of the real estate investment trust’s stock valued at $8,315,000 after purchasing an additional 23,491 shares during the last quarter. Eagle Asset Management Inc. raised its holdings in shares of CoreSite Realty by 4.4% in the third quarter. Eagle Asset Management Inc. now owns 66,444 shares of the real estate investment trust’s stock valued at $7,428,000 after purchasing an additional 2,771 shares during the last quarter. Chicago Equity Partners LLC purchased a new stake in shares of CoreSite Realty in the third quarter valued at about $630,000. Finally, Oppenheimer Asset Management Inc. raised its holdings in shares of CoreSite Realty by 64.4% in the third quarter. Oppenheimer Asset Management Inc. now owns 11,303 shares of the real estate investment trust’s stock valued at $1,266,000 after purchasing an additional 4,428 shares during the last quarter. Institutional investors own 99.51% of the company’s stock.
In other news, SVP Brian Warren sold 1,242 shares of the firm’s stock in a transaction that occurred on Friday, March 2nd. The shares were sold at an average price of $91.62, for a total value of $113,792.04. Following the completion of the transaction, the senior vice president now directly owns 38,169 shares in the company, valued at $3,497,043.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Steven James Smith sold 3,151 shares of CoreSite Realty stock in a transaction that occurred on Wednesday, January 31st. The shares were sold at an average price of $106.52, for a total transaction of $335,644.52. Following the sale, the senior vice president now owns 42,915 shares of the company’s stock, valued at $4,571,305.80. The disclosure for this sale can be found here. Over the last 90 days, insiders bought 173,000 shares of company stock valued at $55,530 and sold 33,806 shares valued at $3,360,066. 1.50% of the stock is currently owned by company insiders.
CoreSite Realty Corp (NYSE COR) opened at $98.19 on Monday. The company has a debt-to-equity ratio of 2.24, a current ratio of 0.27 and a quick ratio of 0.27. CoreSite Realty Corp has a 1 year low of $86.36 and a 1 year high of $120.85. The company has a market cap of $3,362.33, a P/E ratio of 53.36, a PEG ratio of 1.16 and a beta of 0.48.
CoreSite Realty (NYSE:COR) last released its quarterly earnings data on Thursday, February 8th. The real estate investment trust reported $1.18 EPS for the quarter, beating analysts’ consensus estimates of $1.14 by $0.04. CoreSite Realty had a net margin of 15.54% and a return on equity of 16.77%. The company had revenue of $125.95 million during the quarter, compared to analyst estimates of $125.71 million. During the same period last year, the business earned $1.06 earnings per share. CoreSite Realty’s revenue was up 14.0% compared to the same quarter last year. analysts predict that CoreSite Realty Corp will post 5 EPS for the current fiscal year.
About CoreSite Realty
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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