Terreno Realty Co. (NYSE:TRNO) Shares Purchased by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT lifted its position in Terreno Realty Co. (NYSE:TRNO) by 8.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 9,097 shares of the real estate investment trust’s stock after acquiring an additional 682 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in Terreno Realty were worth $538,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also made changes to their positions in TRNO. Copeland Capital Management LLC grew its position in shares of Terreno Realty by 7.1% during the 4th quarter. Copeland Capital Management LLC now owns 1,209,144 shares of the real estate investment trust’s stock valued at $71,509,000 after buying an additional 79,701 shares during the last quarter. KBC Group NV grew its holdings in shares of Terreno Realty by 40.7% during the fourth quarter. KBC Group NV now owns 3,662 shares of the real estate investment trust’s stock valued at $217,000 after purchasing an additional 1,059 shares during the last quarter. Blue Trust Inc. raised its position in shares of Terreno Realty by 55.3% during the 4th quarter. Blue Trust Inc. now owns 4,764 shares of the real estate investment trust’s stock worth $282,000 after purchasing an additional 1,697 shares during the period. Fifth Third Bancorp boosted its position in Terreno Realty by 7.4% during the 4th quarter. Fifth Third Bancorp now owns 6,436 shares of the real estate investment trust’s stock valued at $381,000 after purchasing an additional 441 shares during the period. Finally, Janney Montgomery Scott LLC bought a new position in Terreno Realty during the 4th quarter worth $444,000.

Analyst Ratings Changes

Several equities analysts have recently issued reports on TRNO shares. Deutsche Bank Aktiengesellschaft started coverage on shares of Terreno Realty in a report on Tuesday, January 14th. They set a “hold” rating and a $60.00 price target for the company. JMP Securities restated a “market outperform” rating and issued a $72.00 price target on shares of Terreno Realty in a research note on Monday, January 6th. BMO Capital Markets began coverage on Terreno Realty in a research report on Tuesday. They set a “market perform” rating and a $71.00 price objective for the company. Scotiabank lowered their target price on Terreno Realty from $70.00 to $67.00 and set a “sector perform” rating on the stock in a research report on Friday, October 25th. Finally, StockNews.com lowered Terreno Realty from a “hold” rating to a “sell” rating in a research report on Friday, October 11th. Two equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company. According to MarketBeat, Terreno Realty presently has a consensus rating of “Hold” and a consensus price target of $67.82.

Terreno Realty Price Performance

Shares of NYSE TRNO opened at $65.97 on Wednesday. Terreno Realty Co. has a twelve month low of $53.78 and a twelve month high of $71.63. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 0.20. The firm has a 50-day moving average of $61.07 and a two-hundred day moving average of $64.08. The company has a market capitalization of $6.58 billion, a price-to-earnings ratio of 36.25, a PEG ratio of 2.74 and a beta of 0.91.

Terreno Realty (NYSE:TRNO) last released its earnings results on Wednesday, November 6th. The real estate investment trust reported $0.37 EPS for the quarter, missing the consensus estimate of $0.61 by ($0.24). The business had revenue of $99.64 million for the quarter, compared to analyst estimates of $96.31 million. Terreno Realty had a net margin of 45.37% and a return on equity of 4.94%. As a group, analysts expect that Terreno Realty Co. will post 2.42 earnings per share for the current fiscal year.

About Terreno Realty

Terreno Realty Corporation (Terreno, and together with its subsidiaries, the Company) acquires, owns and operates industrial real estate in six major coastal U.S. markets: Los Angeles, Northern New Jersey/New York City, San Francisco Bay Area, Seattle, Miami, and Washington, DC All square feet, acres, occupancy and number of properties disclosed in these notes to the consolidated financial statements are unaudited.