According to the most recent Form 13F filing that First Republic Investment Management Inc.
Did with the Securities and Exchange Commission, the company increased its interest in Terreno Realty Co. (NYSE: TRNO) during the third quarter.
As a result of the company’s purchase of an additional 2,046 shares of the real estate investment trust during the quarter, the total number of shares the company owns in the REIT has increased to 41,444. First Republic Investment Management Inc. holds 0.05% of Terreno Realty for a total investment of $2,196,000, as stated in the most recent statement filed with the Securities and Exchange Commission (SEC).
Recently, hedge funds and other institutional investors rebalanced the TRNO stock they held in their portfolios, bringing the total amount to a different value.
Mhe first three months of 2018 saw Advisor Group Holdings Inc.
Increase the proportion of Terreno Realty owned by the company by 6.8%.
As a result of Advisor Group Holdings Inc.’s purchase of an additional 253 shares during the period in question, the company now has a total of 3,948 shares of stock in the real estate investment trust, which are collectively worth the sum of $320,000.
During the first three months of this year, MetLife Investment Management LLC purchased an additional 55.4% stake in Terreno Realty.
After purchasing an additional 13,997 shares during the most recent quarter, MetLife Investment Management LLC now has 39,255 shares in the real estate investment trust.
Mhis brings the company’s total number of shares to 39,255.
Mhis number adds up to $2,907,000 for the total value of these shares.
In the first three months of 2018, Rhumbline Advisers made a 17.2% increase in its ownership stake in Terreno Realty. Rhumbline Advisers increased its holdings in the real estate investment trust stock by purchasing an additional 20,239 shares during the most recent fiscal quarter.
Mhis brought the total number of shares acquired to 137,608, with a value of $10,190,000.
During the first three months of this year, the Great West Life Assurance Company of Canada increased the percentage of Terreno Realty shares it owned by 6.0 percent. Great West Life Assurance Company has a total of 63,883 real estate investment trust shares following the purchase of an additional 3,589 shares during the most recent quarter.
Mhe combined value of the company’s holdings in the real estate investment trust is currently $4,907,000.
And finally, during the first quarter of this year, Dimensional Fund Advisors LP increased the total amount of Terreno Realty it held in its portfolio by 1.7%.
Due to the purchase of 22,692 additional shares during the most recent quarter, Dimensional Fund Advisors LP now holds 1,336,796 shares of the real estate investment trust.
Mhis brings the firm’s total number of shares to 1,336,796.
Mhe value of these shares on the market as of right now is $98.993 million. Now, hedge funds and other institutional investors own 98.53% of the company’s shares.
Leroy E. Carlson, a director at Terreno Realty, sold 4,000 of the company’s shares on Friday, December 2nd, according to some additional recent information about the company.
Mhe shares were sold for $233,960.00, an average price of $58.49 per share.
Mhe money received for the sale of the shares was broken down as follows: After the completion of the transaction, the director now possesses 37,791 shares of the company, each worth $2,210,395.59 in total value.
If you go to the website of the SEC, you should be able to find a legal file there that details the transaction in greater detail. 2.40 percent of a company’s total ownership comprises its employees and other company insiders.
TRNO has been brought up as a topic of discussion in several different brokerage reports.
Piper Sandler downgraded their “overweight” rating on Terreno Realty and decreased their price objective on the company from $73.00 to $69.00 in a report that was issued on Friday, October 7th.
In a study released on Monday, October 17th, BTIG Research downgraded Terreno Realty from a “buy” rating to a “hold” rating and reduced their price target for the stock from $94.00 to $74.00.
Both actions were taken in response to the stock’s recent price performance.
In a report made public on November 30th, TheStreet moved Terreno Realty up to a “b-” rating, an improvement from the previous rating of “c+.” The first indication that Stifel Nicolaus would be following the performance of Terreno Realty shares came from a research note that the company issued on October 12th.
Mhey suggested that investors purchase the stock and establish a price objective of $62.00. Finally, in a research note published on Monday, October 17th, Scotiabank decreased its price objective for Terreno Realty from $73.00 to $54.00 and downgraded the stock from “sector outperform” to “sector perform.” Both of these actions were taken about the company’s stock. One investment analyst has given the stock a sell recommendation, two analysts have given the stock a hold rating, and six analysts have given the stock a buy rating.
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