Dimensional Fund Advisors Purchases 23454 Company Stocks In CoreSite Realty Corporation

August 19th, 20176:36 am @

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Dimensional Fund Advisors boosted its stake in CoreSite Realty Corporation (NYSE:COR) by 5.4% during the Q1, based on the latest document with the SEC (SEC). The hedge fund held 457,964 stocks of the real estate investment trust’s shares after purchasing an extra 23,454 shares through out the quarter. Dimensional Fund Advisors held about 1.36% of CoreSite Realty Corporation valued $41,239,000 during the latest fiscal quarter.

Stocks of CoreSite Realty Corporation (COR) declined 1.63% through out intraday market trading on Early Thur, topping $109.88. the share had a trading volume of 296,077 Stocks. CoreSite Realty Corporation has a 52 week low of $64.81 and a 52 week high of $113.55. The stock’s 50 day SMA is $105.98 and its 200 SMA is $97.73. Valuation of the business is $3.76 B, a price to earnings ratio of 63.22 along with a stock beta of 0.57.

Other hedge funds lately purchased or disposed their positions in The corporation. IFP Advisors upped its stake in CoreSite Realty Corporation by 203.8% in the Q1. IFP Advisors has an ownership of 1,188 stocks of the real estate investment trust’s shares valued $107,000 after scooping up an extra 797 shares through out the quarter. Creative Planning upped its stake in CoreSite Realty Corporation by 129.2% in the Q1. Creative Planning has an ownership of 2,292 stocks of the real estate investment trust’s shares valued $206,000 after scooping up an extra 1,292 shares through out the quarter. Pitcairn purchased a fresh position in CoreSite Realty Corporation during the Q1 valued $216,000. Everence Capital Management purchased a fresh position in CoreSite Realty Corporation during the Q1 valued $221,000. Lastly, Daiwa Securities Group upped its stake in CoreSite Realty Corporation by 30.0% in the Q1. Daiwa Securities Group has an ownership of 2,600 stocks of the real estate investment trust’s shares valued $234,000 after scooping up an extra 600 shares through out the quarter.

CoreSite Realty Corporation (NYSE:COR) previously disclosed its fiscal periodic earnings information on Early Thur, Jul 27th. The real estate investment trust posted $1.10 Earnings per share for the period, exceeding Zacks’ average forecast of $1.08 by $0.02. The company posted earnings of $117.89 M for the period end, compared to the average forecast of $117.32 M. CoreSite Realty Corporation had a ROE of 14.14% and a net profit margin of 15.15%. The company’s for the quarter end, revenue was upwards of 22.7% on a YOY basis. for the same period in the prior fiscal year, firm posted $0.89 EPS. brokerages expect that CoreSite Realty Corporation to post $1.83 EPS for the full year.

Quite a few brokerage firm analysts have commented on COR Stocks. Research firm Zacks lifted CoreSite Realty Corporation from a “hold” recommendation to a “buy” recommendation and fixed a $118.00 PT on the shares in a study report on early Wed, Jun 28th. BidaskClub dropped CoreSite Realty Corporation from a “strong-buy” recommendation to a “buy” recommendation in a analysis report on Wed, Jun 28th. Jefferies reiterated a “buy” recommendation and fixed a $117.00 target price on stock of CoreSite Realty Corporation in a study report on early Wed, Jun 14th. Royal Bank Of Canada reiterated a “buy” recommendation and fixed a $110.00 target price on stock of CoreSite Realty Corporation in a study analysis published on early Thur, Jun 8th. Lastly, Macquarie restated a “hold” recommendation and given a $84.00 target price on the stock of CoreSite Realty Corporation in a study report on early Tue, Jul 4th. Eight Brokerage firms have recommended the share with a hold recommendation and five have issued a buy recommendation to The corporation. the share presently has a average recommendation of “Hold” and an consensus price target of $98.00.

In associated news, CFO Jeffrey S. Finnin unloaded 8,000 stocks of CoreSite Realty Corporation shares in a trade on early Tue, Aug 1st. Shares were disposed in a price range of $110.74, amounting to $885,920.00. after the transaction, the CFO has an ownership of 110,493 stocks in the company, worth at $12,235,994.82. The transaction related to this sale was declared in a document with the SEC which is available through this hyperlink. Also, Senior Vice President Derek Mccandless unloaded 10,000 stocks of CoreSite Realty Corporation shares in a trade on Early Thur, Jun 1st. The stock was unloaded at a price range of of $105.48, amounting to $1,054,800.00. After this trade, the SVP has an ownership of 49,713 stocks in the company, assessed at roughly $5,243,727.24. executives unloaded 28,000 stocks of company shares valued $3,048,120 in the previous period. 3.10% of the shares is held by executives.

Article source: https://www.insidertradings.org/dimensional-fund-advisors-purchases-23454-company-stocks-in-coresite-realty-corporation/77338.html