Dividend Worth Watching: Terreno Realty Corporation (NYSE:TRNO) expected to pay $0.20 on Oct 21, 2016

Dividend Worth Watching: Terreno Realty Corporation (NYSE:TRNO) expected to pay $0.20 on Oct 21, 2016

Terreno Realty Corporation (NYSE:TRNO) is expected to pay $0.20 on Oct 21, 2016. The indicated annual dividend is $0.80. Shareholders owning the stock before Oct 5, 2016 will be eligible to receive the payout. Based on Terreno Realty Corporation’s current price of $27.10, the dividend is 0.74%. This dividend’s record date is Oct 7, 2016 and the announcement date is Aug 11, 2016. The stock decreased 1.49% or $0.41 on October 3, hitting $27.1. Terreno Realty Corporation (NYSE:TRNO) has risen 20.02% since March 1, 2016 and is uptrending. It has outperformed by 10.78% the S&P500.

Terreno Realty Corporation is a real estate investment trust. The company has a market cap of $1.25 billion. The Firm acquires, owns and operates industrial real estate located in approximately six coastal United States markets, such as Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area, and Washington, D.C./Baltimore. It has a 103.4 P/E ratio. The Firm invests in various types of industrial real estate, including warehouse/distribution; flex, which include light industrial and research and development (R&D), and trans-shipment.

Insitutional Activity: The institutional sentiment increased to 2.11 in Q2 2016. Its up 0.92, from 1.19 in 2016Q1. The ratio is positive, as 6 funds sold all Terreno Realty Corporation shares owned while 31 reduced positions. 19 funds bought stakes while 59 increased positions. They now own 44.50 million shares or 4.28% more from 42.67 million shares in 2016Q1.
Tower Capital Ltd Liability Com (Trc), a New York-based fund reported 1,656 shares. American Grp accumulated 24,563 shares or 0% of the stock. Legal & General Group Inc Public Ltd Company accumulated 87,845 shares or 0% of the stock. Swiss Bank has invested 0% of its portfolio in Terreno Realty Corporation (NYSE:TRNO). The Illinois-based Harrison Street Securities Ltd Limited Liability Company has invested 1.09% in Terreno Realty Corporation (NYSE:TRNO). Moreover, Secor Capital Advsrs L P has 0.12% invested in Terreno Realty Corporation (NYSE:TRNO) for 37,979 shares. The Maryland-based Columbia L L C Mngmt has invested 0.26% in Terreno Realty Corporation (NYSE:TRNO). Nuveen Asset Management Ltd Liability last reported 0.12% of its portfolio in the stock. Us Comml Bank De reported 20,121 shares or 0% of all its holdings. Westpac Bk has 0% invested in the company for 192,672 shares. Teacher Retirement Of Texas has 6,049 shares for 0% of their US portfolio. Impact Advsrs Ltd Liability Corporation last reported 38,998 shares in the company. The Pennsylvania-based Federated Invsts Pa has invested 0.01% in Terreno Realty Corporation (NYSE:TRNO). The Florida-based Raymond James Associates has invested 0% in Terreno Realty Corporation (NYSE:TRNO). Nationwide Fund Advsr holds 0% or 28,464 shares in its portfolio.

Terreno Realty Corporation (NYSE:TRNO) Ratings Coverage

Out of 8 analysts covering Terreno Realty (NYSE:TRNO), 3 rate it a “Buy”, 0 “Sell”, while 5 “Hold”. This means 38% are positive. Terreno Realty has been the topic of 12 analyst reports since August 11, 2015 according to StockzIntelligence Inc. The firm has “Mkt Perform” rating given on Monday, August 22 by JMP Securities. The stock of Terreno Realty Corporation (NYSE:TRNO) earned “Neutral” rating by Compass Point on Thursday, November 5. The company was initiated on Thursday, August 25 by BTIG Research. The firm has “Neutral” rating given on Thursday, January 7 by Robert W. Baird. Sandler O’Neill initiated the stock with “Buy” rating in Monday, October 19 report. Cowen & Co initiated the stock with “Outperform” rating in Wednesday, August 12 report. The rating was maintained by National Securities on Tuesday, August 11 with “Buy”. The firm has “Hold” rating given on Friday, January 22 by Jefferies. The company was maintained on Friday, July 29 by FBR Capital. The firm earned “Neutral” rating on Thursday, February 11 by Compass Point.

More notable recent Terreno Realty Corporation (NYSE:TRNO) news were published by: Businesswire.com which released: “Terreno Realty Corporation Announces Lease in Kent, WA” on September 27, 2016, also Reuters.com with their article: “BRIEF-Terreno Realty Corp acquires building in Inglewood,CA for $5.2 mln” published on September 21, 2016, Finance.Yahoo.com published: “Terreno Realty Corporation Announces Quarterly Operating, Investment and …” on July 12, 2016. More interesting news about Terreno Realty Corporation (NYSE:TRNO) were released by: Businesswire.com and their article: “Terreno Realty Corporation Acquires Building in Inglewood, CA for $5.2 Million” published on September 21, 2016 as well as Businesswire.com‘s news article titled: “Terreno Realty Corporation Acquires Building in Somerset, NJ for $9.1 Million” with publication date: September 06, 2016.

TRNO Company Profile

Terreno Realty Corporation (Terreno), incorporated on November 6, 2009, is a real estate investment trust. The Firm acquires, owns and operates industrial real estate located in approximately six coastal United States markets, such as Los Angeles Area; Northern New Jersey/New York City; San Francisco Bay Area; Seattle Area; Miami Area, and Washington, D.C./Baltimore. The Firm invests in various types of industrial real estate, including warehouse/distribution; flex, which include light industrial and research and development (R&D), and trans-shipment.

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