New insider activity at Terreno Realty ( (TRNO) ) has taken place on February 14, 2025.
Hyve Solutions Executive Dennis Polk recently executed a significant transaction by selling 9,703 shares of Terreno Realty stock, resulting in a sale worth $652,041.
Recent Updates on TRNO stock
Recent developments for Terreno Realty have seen BMO Capital initiate coverage with a Market Perform rating, citing the company’s premium valuation which allows for reinvestment, but also noting that rising vacancy and interest rates may limit near-term multiple expansion. Deutsche Bank also initiated coverage with a Hold rating, emphasizing that the industrial real estate sector may face challenges as demand normalizes post-pandemic, affecting occupancy growth in 2025. Additionally, Terreno Realty sold industrial properties in California, including one in South San Francisco for $8 million, demonstrating an unleveraged internal rate of return of 7.5%. The company reported a slight increase in Q4 occupancy rates compared to Q3. Meanwhile, Barclays downgraded the stock, and Baird and Jefferies lowered their price targets, reflecting concerns over market conditions and the absorption of warehouse space leased during the pandemic.
More about Terreno Realty
YTD Price Performance: 15.82%
Average Trading Volume: 1,301,705
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $6.63B
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