CoreSite Realty Corp (NASDAQ: COR) Share Analyzed

CoreSite Realty Corp day trading at USD 123.28 per share, then rallying to 123.84 and closing at USD 122.02 per share. A net loss of -1.22% for the day. Long term pricing analysis shows the stock trading at 3.61% lower than it’s 52week high and -34.42% higher than the 52week low. The share volume traded for the day was 417K which was 0 times the 50 Day Average Volume.

CoreSite Realty Corp had a market cap of 4,624,967K as of 10th June 2020. The Earnings Per Share (EPS) for Q4 2019 is $1.99.

CoreSite Realty Corp is a real estate investment trust that invests in carrier-neutral data centers and provides colocation and peering services. As of December 31, 2019, the company owned 23 operating data center facilities in 8 markets comprising over 4.6 million net rentable square feet.

Financial Results

CoreSite Realty Corp Reports First Quarter Of Fiscal 2020.

  • Grew operating revenues to $147.4 million, an increase of 6.1% year over year and 0.9% sequentially
  • Delivered net income of $0.48 per common diluted share, a decrease of $0.06 year over year and $0.03 sequentially
  • Generated Funds From Operations “FFO” of $1.29 per diluted share and unit, an increase of $0.04, or 3.2% year over year and a decrease of $0.01 sequentially, or 0.8%
  • Commenced 112 new and expansion leases for 45,322 net rentable square feet (“NRSF”), representing $9.7 million of annualized GAAP rent, for an average rate of $214 per square foot

CoreSite Realty Corp (10th June 2020): The Institutional Ownership as of today stood at 96.18% and the Total Value of Holdings (millions) is $ 4,494.

New Institutional Holders and other activity – As of today, the total number of shares held is 36,457,157 by 430 institutional holders.

LATEST NEWS:

9-June-2020:- Franklin Resources Inc. Sells 137,076 Shares of CoreSite Realty Corp (NYSE: COR) – Modern Readers

Franklin Resources Inc. decreased its holdings in CoreSite Realty Corp (NYSE: COR) by 42.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 185,265 shares of the real estate investment trust’s stock after selling 137,076 shares during the period.

7-June-2020:- Rockefeller Capital Management L.P. Boosts Stake in CoreSite Realty Corp (NYSE: COR)

Rockefeller Capital Management L.P. lifted its holdings in CoreSite Realty Corp (NYSE: COR) by 640.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 926 shares of the real estate investment trust’s stock after purchasing an additional 801 shares during the quarter.

4-June-2020:- California Public Employees Retirement System Acquires 5,300 Shares of CoreSite Realty Corp (NYSE: COR)

California Public Employees Retirement System grew its holdings in CoreSite Realty Corp (NYSE: COR) by 6.7% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 84,090 shares of the real estate investment trust’s stock after acquiring an additional 5,300 shares during the quarter.

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