Credit Suisse AG reduced its stake in CoreSite Realty Corporation (NYSE:COR) by 15.9% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 51,233 shares of the real estate investment trust’s stock after selling 9,682 shares during the period. Credit Suisse AG owned 0.15% of CoreSite Realty Corporation worth $4,614,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in COR. Vanguard Group Inc. boosted its stake in CoreSite Realty Corporation by 3.7% in the first quarter. Vanguard Group Inc. now owns 5,510,182 shares of the real estate investment trust’s stock valued at $496,191,000 after buying an additional 198,067 shares in the last quarter. BlackRock Inc. boosted its stake in CoreSite Realty Corporation by 143,427.7% in the first quarter. BlackRock Inc. now owns 4,401,994 shares of the real estate investment trust’s stock valued at $396,400,000 after buying an additional 4,398,927 shares in the last quarter. Wells Fargo & Company MN boosted its stake in CoreSite Realty Corporation by 7.5% in the first quarter. Wells Fargo & Company MN now owns 1,586,774 shares of the real estate investment trust’s stock valued at $142,888,000 after buying an additional 111,103 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in CoreSite Realty Corporation by 34.7% in the first quarter. JPMorgan Chase & Co. now owns 829,490 shares of the real estate investment trust’s stock valued at $74,695,000 after buying an additional 213,872 shares in the last quarter. Finally, State Street Corp boosted its stake in CoreSite Realty Corporation by 8.3% in the first quarter. State Street Corp now owns 826,392 shares of the real estate investment trust’s stock valued at $74,416,000 after buying an additional 63,493 shares in the last quarter.

CoreSite Realty Corporation (NYSE:COR) traded up 0.21% on Friday, reaching $110.11. 338,094 shares of the company traded hands. The firm has a 50 day moving average price of $106.31 and a 200 day moving average price of $97.99. The stock has a market capitalization of $3.77 billion, a price-to-earnings ratio of 63.35 and a beta of 0.57. CoreSite Realty Corporation has a 52-week low of $64.81 and a 52-week high of $113.55.

CoreSite Realty Corporation (NYSE:COR) last announced its earnings results on Thursday, July 27th. The real estate investment trust reported $1.10 EPS for the quarter, topping the consensus estimate of $1.08 by $0.02. The company had revenue of $117.89 million for the quarter, compared to analysts’ expectations of $117.32 million. CoreSite Realty Corporation had a return on equity of 14.14% and a net margin of 15.15%. The business’s revenue for the quarter was up 22.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.89 earnings per share. Equities research analysts predict that CoreSite Realty Corporation will post $1.83 EPS for the current year.

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Several equities research analysts recently issued reports on COR shares. Zacks Investment Research raised shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating and set a $118.00 target price on the stock in a research report on Wednesday, June 28th. BidaskClub raised shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating in a research report on Thursday. Macquarie reissued a “hold” rating and issued a $84.00 target price on shares of CoreSite Realty Corporation in a research report on Tuesday, July 4th. Royal Bank Of Canada reissued a “buy” rating on shares of CoreSite Realty Corporation in a research report on Tuesday, July 18th. Finally, Jefferies Group LLC restated a “buy” rating and issued a $117.00 price target on shares of CoreSite Realty Corporation in a report on Wednesday, June 14th. Eight investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average target price of $98.00.

In other news, CFO Jeffrey S. Finnin sold 8,000 shares of the stock in a transaction on Tuesday, August 1st. The stock was sold at an average price of $110.74, for a total transaction of $885,920.00. Following the sale, the chief financial officer now owns 110,493 shares in the company, valued at $12,235,994.82. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Derek Mccandless sold 10,000 shares of the stock in a transaction on Thursday, June 1st. The stock was sold at an average price of $105.48, for a total value of $1,054,800.00. Following the sale, the senior vice president now owns 49,713 shares in the company, valued at approximately $5,243,727.24. The disclosure for this sale can be found here. Insiders have sold 28,000 shares of company stock worth $3,048,120 in the last 90 days. Company insiders own 3.10% of the company’s stock.

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.

Institutional Ownership by Quarter for CoreSite Realty Corporation (NYSE:COR)

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