Amica Mutual Insurance Co. bought a new stake in CoreSite Realty Corporation (NYSE:COR) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 29,319 shares of the real estate investment trust’s stock, valued at approximately $3,281,000. Amica Mutual Insurance Co. owned approximately 0.09% of CoreSite Realty Corporation as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently modified their holdings of the business. US Bancorp DE boosted its holdings in shares of CoreSite Realty Corporation by 6.7% in the second quarter. US Bancorp DE now owns 1,199 shares of the real estate investment trust’s stock valued at $125,000 after buying an additional 75 shares during the period. LS Investment Advisors LLC boosted its holdings in shares of CoreSite Realty Corporation by 4.6% in the second quarter. LS Investment Advisors LLC now owns 1,280 shares of the real estate investment trust’s stock valued at $133,000 after buying an additional 56 shares during the period. IFP Advisors Inc boosted its holdings in shares of CoreSite Realty Corporation by 14.6% in the second quarter. IFP Advisors Inc now owns 1,362 shares of the real estate investment trust’s stock valued at $141,000 after buying an additional 174 shares during the period. Schroder Investment Management Group acquired a new position in shares of CoreSite Realty Corporation in the second quarter valued at approximately $188,000. Finally, Park Avenue Securities LLC acquired a new position in shares of CoreSite Realty Corporation in the third quarter valued at approximately $207,000. 95.27% of the stock is owned by hedge funds and other institutional investors.

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In other CoreSite Realty Corporation news, CFO Jeffrey S. Finnin sold 8,000 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $109.39, for a total value of $875,120.00. Following the completion of the sale, the chief financial officer now owns 98,562 shares in the company, valued at $10,781,697.18. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Derek Mccandless sold 5,000 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $109.37, for a total transaction of $546,850.00. Following the completion of the sale, the senior vice president now owns 36,613 shares of the company’s stock, valued at approximately $4,004,363.81. The disclosure for this sale can be found here. Insiders have sold 16,805 shares of company stock valued at $1,868,981 in the last 90 days. 1.50% of the stock is currently owned by corporate insiders.

CoreSite Realty Corporation (NYSE COR) opened at $116.88 on Friday. CoreSite Realty Corporation has a 1-year low of $67.36 and a 1-year high of $120.85. The company has a market cap of $4,002.15, a price-to-earnings ratio of 26.62, a P/E/G ratio of 1.53 and a beta of 0.43. The company has a current ratio of 0.29, a quick ratio of 0.29 and a debt-to-equity ratio of 1.80.

CoreSite Realty Corporation (NYSE:COR) last announced its earnings results on Thursday, October 26th. The real estate investment trust reported $0.46 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $1.10 by ($0.64). CoreSite Realty Corporation had a return on equity of 15.35% and a net margin of 15.21%. The business had revenue of $123.07 million for the quarter, compared to analyst estimates of $121.27 million. During the same quarter in the previous year, the company posted $0.90 EPS. The business’s revenue for the quarter was up 21.5% compared to the same quarter last year. analysts forecast that CoreSite Realty Corporation will post 4.48 EPS for the current fiscal year.

Several research analysts have recently weighed in on COR shares. Credit Suisse Group set a $111.00 price target on shares of CoreSite Realty Corporation and gave the company a “hold” rating in a report on Friday, October 27th. BidaskClub upgraded shares of CoreSite Realty Corporation from a “hold” rating to a “buy” rating in a report on Thursday, August 17th. J P Morgan Chase & Co started coverage on shares of CoreSite Realty Corporation in a report on Monday, September 25th. They issued a “neutral” rating and a $118.00 price target for the company. Citigroup Inc. upped their price target on shares of CoreSite Realty Corporation from $109.00 to $115.00 and gave the company a “buy” rating in a report on Friday, October 27th. Finally, William Blair started coverage on shares of CoreSite Realty Corporation in a report on Friday, September 22nd. They issued an “outperform” rating for the company. Seven analysts have rated the stock with a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $108.45.

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.

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

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