Thrivent Financial For Lutherans grew its position in shares of CoreSite Realty Corporation (NYSE:COR) by 4.9% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 35,406 shares of the real estate investment trust’s stock after purchasing an additional 1,640 shares during the quarter. Thrivent Financial For Lutherans owned 0.10% of CoreSite Realty Corporation worth $3,666,000 as of its most recent filing with the SEC.

Other hedge funds have also recently modified their holdings of the company. Penserra Capital Management LLC acquired a new position in shares of CoreSite Realty Corporation during the 2nd quarter valued at $103,000. US Bancorp DE increased its position in shares of CoreSite Realty Corporation by 6.7% during the 2nd quarter. US Bancorp DE now owns 1,199 shares of the real estate investment trust’s stock valued at $125,000 after purchasing an additional 75 shares during the period. LS Investment Advisors LLC increased its position in shares of CoreSite Realty Corporation by 4.6% during the 2nd quarter. LS Investment Advisors LLC now owns 1,280 shares of the real estate investment trust’s stock valued at $133,000 after purchasing an additional 56 shares during the period. IFP Advisors Inc increased its position in shares of CoreSite Realty Corporation by 14.6% during the 2nd quarter. IFP Advisors Inc now owns 1,362 shares of the real estate investment trust’s stock valued at $141,000 after purchasing an additional 174 shares during the period. Finally, Whittier Trust Co. of Nevada Inc. increased its position in shares of CoreSite Realty Corporation by 115.5% during the 2nd quarter. Whittier Trust Co. of Nevada Inc. now owns 1,461 shares of the real estate investment trust’s stock valued at $151,000 after purchasing an additional 783 shares during the period. Institutional investors own 98.32% of the company’s stock.

Shares of CoreSite Realty Corporation (NYSE COR) opened at 109.81 on Thursday. CoreSite Realty Corporation has a 1-year low of $64.81 and a 1-year high of $120.85. The company has a market capitalization of $3.76 billion, a price-to-earnings ratio of 63.18 and a beta of 0.56. The stock’s 50 day moving average price is $112.86 and its 200 day moving average price is $102.39.

CoreSite Realty Corporation (NYSE:COR) last issued its earnings results on Thursday, July 27th. The real estate investment trust reported $1.10 EPS for the quarter, beating the consensus estimate of $1.08 by $0.02. The company had revenue of $117.89 million during the quarter, compared to analysts’ expectations of $117.32 million. CoreSite Realty Corporation had a net margin of 15.15% and a return on equity of 14.14%. The business’s revenue for the quarter was up 22.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.89 EPS. Analysts expect that CoreSite Realty Corporation will post $1.82 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 16th. Shareholders of record on Friday, September 29th will be given a dividend of $0.90 per share. This represents a $3.60 annualized dividend and a dividend yield of 3.29%. The ex-dividend date of this dividend is Thursday, September 28th. CoreSite Realty Corporation’s payout ratio is 206.90%.

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Several equities analysts have recently issued reports on the company. Credit Suisse Group assumed coverage on CoreSite Realty Corporation in a research report on Friday, June 30th. They set a “neutral” rating and a $103.00 price target on the stock. BidaskClub cut CoreSite Realty Corporation from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, June 28th. KeyCorp reiterated a “hold” rating on shares of CoreSite Realty Corporation in a research report on Tuesday, September 12th. Zacks Investment Research upgraded CoreSite Realty Corporation from a “hold” rating to a “buy” rating and set a $122.00 price target on the stock in a research report on Wednesday. Finally, Jefferies Group LLC reiterated a “buy” rating and set a $119.00 price target on shares of CoreSite Realty Corporation in a research report on Tuesday, July 25th. Nine investment analysts have rated the stock with a hold rating, five have issued a buy rating and one has issued a strong buy rating to the company. CoreSite Realty Corporation currently has a consensus rating of “Hold” and an average target price of $99.64.

In other CoreSite Realty Corporation news, SVP Derek Mccandless sold 10,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were sold at an average price of $110.74, for a total transaction of $1,107,400.00. Following the completion of the sale, the senior vice president now owns 48,913 shares in the company, valued at approximately $5,416,625.62. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Jeffrey S. Finnin sold 8,000 shares of the company’s stock in a transaction on Tuesday, August 1st. The shares were 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 of the company’s stock, valued at approximately $12,235,994.82. The disclosure for this sale can be found here. Insiders have sold a total of 21,805 shares of company stock valued at $2,440,331 in the last quarter. Corporate insiders own 1.50% of the company’s stock.

About CoreSite Realty Corporation

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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