KBC Group NV Has $217,000 Stock Position in Terreno Realty Co. (NYSE:TRNO)

KBC Group NV increased its position in shares of Terreno Realty Co. (NYSE:TRNO) by 40.7% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,662 shares of the real estate investment trust’s stock after acquiring an additional 1,059 shares during the quarter. KBC Group NV’s holdings in Terreno Realty were worth $217,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in TRNO. V Square Quantitative Management LLC acquired a new stake in Terreno Realty during the 3rd quarter valued at $26,000. Assetmark Inc. raised its position in Terreno Realty by 2,381.3% during the third quarter. Assetmark Inc. now owns 397 shares of the real estate investment trust’s stock valued at $27,000 after buying an additional 381 shares during the period. International Assets Investment Management LLC lifted its stake in Terreno Realty by 6,580.0% in the 3rd quarter. International Assets Investment Management LLC now owns 1,002 shares of the real estate investment trust’s stock worth $67,000 after acquiring an additional 987 shares in the last quarter. Huntington National Bank boosted its position in Terreno Realty by 7.4% during the 3rd quarter. Huntington National Bank now owns 2,555 shares of the real estate investment trust’s stock worth $171,000 after acquiring an additional 177 shares during the period. Finally, Blue Trust Inc. grew its stake in Terreno Realty by 72.6% during the 3rd quarter. Blue Trust Inc. now owns 3,067 shares of the real estate investment trust’s stock valued at $205,000 after acquiring an additional 1,290 shares in the last quarter.

Terreno Realty Stock Performance

NYSE:TRNO opened at $65.97 on Wednesday. The firm has a market capitalization of $6.58 billion, a PE ratio of 36.25, a PEG ratio of 2.74 and a beta of 0.91. The company has a current ratio of 2.71, a quick ratio of 2.71 and a debt-to-equity ratio of 0.20. Terreno Realty Co. has a 1 year low of $53.78 and a 1 year high of $71.63. The firm’s fifty day simple moving average is $61.07 and its 200 day simple moving average is $64.08.

Terreno Realty (NYSE:TRNO) last posted its quarterly earnings data on Wednesday, November 6th. The real estate investment trust reported $0.37 EPS for the quarter, missing analysts’ consensus estimates of $0.61 by ($0.24). The business had revenue of $99.64 million during the quarter, compared to the consensus estimate of $96.31 million. Terreno Realty had a return on equity of 4.94% and a net margin of 45.37%. On average, sell-side analysts anticipate that Terreno Realty Co. will post 2.42 EPS for the current year.

Wall Street Analyst Weigh In

TRNO has been the topic of several research reports. BMO Capital Markets started coverage on shares of Terreno Realty in a research note on Tuesday. They issued a “market perform” rating and a $71.00 price objective on the stock. JMP Securities restated a “market outperform” rating and issued a $72.00 target price on shares of Terreno Realty in a research note on Monday, January 6th. Scotiabank cut their price target on Terreno Realty from $70.00 to $67.00 and set a “sector perform” rating for the company in a research note on Friday, October 25th. Barclays reissued an “equal weight” rating and issued a $60.00 price target (down previously from $68.00) on shares of Terreno Realty in a research note on Monday, January 13th. Finally, StockNews.com cut shares of Terreno Realty from a “hold” rating to a “sell” rating in a research note on Friday, October 11th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $67.82.

Terreno Realty Company Profile

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.