UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $38.18 Million Stock Holdings in Terreno Realty Co. (NYSE:TRNO)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of Terreno Realty Co. (NYSE:TRNO) by 5.6% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 645,563 shares of the real estate investment trust’s stock after purchasing an additional 34,435 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.65% of Terreno Realty worth $38,179,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Tidal Investments LLC grew its position in shares of Terreno Realty by 29.2% in the 4th quarter. Tidal Investments LLC now owns 79,930 shares of the real estate investment trust’s stock valued at $4,727,000 after acquiring an additional 18,078 shares during the period. Snowden Capital Advisors LLC grew its position in shares of Terreno Realty by 5.4% in the 4th quarter. Snowden Capital Advisors LLC now owns 8,148 shares of the real estate investment trust’s stock valued at $486,000 after acquiring an additional 418 shares during the period. ProShare Advisors LLC grew its position in shares of Terreno Realty by 32.5% in the 4th quarter. ProShare Advisors LLC now owns 158,393 shares of the real estate investment trust’s stock valued at $9,367,000 after acquiring an additional 38,861 shares during the period. Nissay Asset Management Corp Japan ADV grew its position in shares of Terreno Realty by 4.0% in the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 14,336 shares of the real estate investment trust’s stock valued at $847,000 after acquiring an additional 555 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Terreno Realty by 4.0% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 54,397 shares of the real estate investment trust’s stock valued at $3,217,000 after acquiring an additional 2,102 shares during the period.

Terreno Realty Stock Down 0.8%

TRNO opened at $55.12 on Monday. Terreno Realty Co. has a fifty-two week low of $48.18 and a fifty-two week high of $71.63. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.23 and a current ratio of 0.23. The company has a market capitalization of $5.69 billion, a P/E ratio of 28.71, a P/E/G ratio of 2.82 and a beta of 1.07. The stock has a fifty day moving average of $58.01 and a 200-day moving average of $61.30.

Terreno Realty Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 11th. Investors of record on Friday, June 27th will be paid a $0.49 dividend. This represents a $1.96 annualized dividend and a dividend yield of 3.56%. The ex-dividend date is Friday, June 27th. Terreno Realty’s dividend payout ratio (DPR) is currently 98.49%.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on TRNO shares. BMO Capital Markets boosted their target price on Terreno Realty from $71.00 to $73.00 and gave the stock a “market perform” rating in a report on Wednesday, February 12th. Piper Sandler decreased their target price on Terreno Realty from $61.00 to $60.00 and set a “neutral” rating on the stock in a report on Tuesday, April 15th. Barclays decreased their target price on Terreno Realty from $60.00 to $57.00 and set an “equal weight” rating on the stock in a report on Tuesday, March 25th. Wall Street Zen raised Terreno Realty from a “sell” rating to a “hold” rating in a report on Tuesday, May 20th. Finally, Wells Fargo & Company decreased their target price on Terreno Realty from $67.00 to $63.00 and set an “equal weight” rating on the stock in a report on Monday, May 19th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and three have given a buy rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $65.36.

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.