QTS Realty Trust, Inc. (QTS) COO Sells $195754.90 in Stock

Author

17 September, 2017

Reinhart let go of 3,545 shares at an average price of $55.22 on Tue the 12th. Following the completion of the transaction, the insider now owns 24,717 shares in the company, valued at approximately $1,344,357.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

The share price of the company (NYSE:QTS) was down -0.09%, with a high of 54.02 during the day and the volume of QTS Realty Trust, Inc. shares traded was 460110. Raymond James Financial Services Advisors Inc. raised its stake in QTS Realty Trust by 2.8% in the fourth quarter.

QTS Realty Trust, Inc. has a 50 day moving average of 53.91 and a 200 day moving average of 51.91.

The company now has a P/E ratio of 137.42 and the market value is 2.63B. TheStreet cut QTS Realty Trust from a "b-" rating to a "c" rating in a report on Tuesday, July 25th. The dividend payment will be $0.390 per share for the quarter or $1.56 on an annualized basis. The company had revenue of $107.86 million during the quarter, compared to the consensus estimate of $107.66 million. QTS Realty Trust had a return on equity of 2.04% and a net margin of 4.60%. The firm's revenue for the quarter was up 9.3% compared to the same quarter past year. They expect $0.38 earnings per share, down 17.39% or $0.08 from last year's $0.46 per share. In the last earnings report the EPS was $0.39 and is expected to be $0.45 for the current year with 48,808,000 shares outstanding.

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 22nd will be paid a $0.39 dividend. Its last month's stock price volatility remained 2.26% which for the week stands at 1.78%. The ex-dividend date is Thursday, September 21st. QTS Realty Trust's payout ratio is 390.00%.

TRADEMARK VIOLATION NOTICE: This story was first posted by StockNewsTimes and is the property of of StockNewsTimes. If you are reading this story on another publication, it was stolen and republished in violation of USA and worldwide copyright & trademark legislation. The correct version of this piece can be read at https://weekherald.com/2017/09/16/insider-selling-qts-realty-trust-inc-qts-coo-sells-195754-90-in-stock.html.

A number of equities analysts have recently commented on the stock. Finally, Voya Investment Management LLC grew its stake in QTS Realty Trust by 7.1% in the 2nd quarter.

08/11/2017 - QTS Realty Trust, Inc. had its "hold" rating reiterated by analysts at Deutsche Bank.

06/30/2017 - Credit Suisse began new coverage on QTS Realty Trust, Inc. giving the company a "neutral" rating. They use historic price data to observe stock price patterns to predict the direction of that price going forward. On August 25 Morgan Stanley kept the stock rating at "Equal-Weight" but moved up the price target from $29.00 to $58.00. Stifel Nicolaus maintained QTS Realty Trust Inc (NYSE:QTS) rating on Friday, July 21. The stock of QTS Realty Trust Inc (NYSE:QTS) has "Buy" rating given on Thursday, June 8 by RBC Capital Markets. As of the end of the quarter Aristotle Capital Boston, LLC had acquired 53,123 shares growing its holdings by 20.9%. Gp Inc has 0.01% invested in QTS Realty Trust Inc (NYSE:QTS) for 26,933 shares. Evanston Investments Inc. Dba Evanston Advisors owns 273,014 shares or 0.96% of their USA portfolio. Westhead Stephen E. sold $575,960 worth of QTS Realty Trust Inc (NYSE:QTS) on Friday, May 26. Dimensional Fund Advisors LP now owns 558,160 shares of the company's stock valued at $27,712,000 after buying an additional 108,503 shares in the last quarter. Brookfield Asset Management Inc. boosted its holdings in QTS Realty Trust by 7.8% in the second quarter.

QTS Realty Trust, Inc.is a provider of secure, compliant data center solutions, hybrid cloud and fully managed services. The Company owns, develops and operates carrier-neutral and multi-tenant data centers.


More news


  • Assured Guaranty Ltd. (AGO) Shares Sold by Kennedy Capital Management Inc

    Ejf Capital Llc decreased First Conn Bancorp Inc Md (NASDAQ:FBNK) stake by 44,089 shares to 500,000 valued at $11.33M in 2016Q4. Lombard Odier Asset Management Usa Corp sold 193,251 shares as the company's stock declined 5.68% while stock markets rallied.
    Barbuda a desolate island after Hurricane Irma

    Barbuda a desolate island after Hurricane Irma

    The Cayman government also dispatched a team of medical practitioners comprising two doctors and nurses, led by Dr. All eyes are now on Barbuda , with recent estimates of $50 million being reported to re-build the island .
    Jose Mourinho: 'Finances key in Romelu Lukaku deal'

    Jose Mourinho: 'Finances key in Romelu Lukaku deal'

    The Reds have scored at least two goals in every game since the start of the league campaign. I think this Premier League is much more defensive-minded, and much more hard .
  • Worker injured while reparing ride at Central Carolina Fair in Greensboro

    Worker injured while reparing ride at Central Carolina Fair in Greensboro

    The injured worker was taken by Guilford County emergency workers to a local hospital and has since been released. Officials say one of the cars on the ride got stuck with at least one young boy trapped inside.
    Mourinho sends scouts to watch Roma, Atletico Madrid stars

    Mourinho sends scouts to watch Roma, Atletico Madrid stars

    The midfielder joined the Red Devils in 2006 from Tottenham and has so far made a total of 459 appearances for United. Meanwhule, Niguez will be even harder for United to sign after he penned a nine-year deal with Atletico in July.

    BMO Capital Now Covering Public Storage (NYSE:PSA) With $193.0 Target

    Finally, Cetera Investment Advisers acquired a new position in Public Storage during the 2nd quarter worth approximately $646,000. Israel Discount Bank of NY acquired a new position in shares of Public Storage during the first quarter worth about $100,000.
  • Capital Fund Management SA Takes Position in Banco Santander Brasil SA (BSBR)

    Banco Santander upgraded Banco Santander, from a "neutral" rating to a "buy" rating in a research note on Wednesday, February 1st. BidaskClub upgraded Banco Santander Brasil SA from a "hold" rating to a "buy" rating in a research note on Saturday, August 5th.

    Russell Investments Group Ltd. Takes Position in TAL Education Group (XRS)

    The company had revenue of $321.90 million during the quarter, compared to the consensus estimate of $306.46 million. At one point in the past year, the shares traded as low as $25.7 but has recovered 30.87% since then.
    Katie Price publicly humiliates husband Kieran Hayler on tour as she hints she'll forgive him

    Katie Price publicly humiliates husband Kieran Hayler on tour as she hints she'll forgive him

    Katie Price isn't letting cheating husband Kieran Hayler off lightly after it was revealed he cheated with the couple's nanny. Gonna give it a go! But Kieran was quick to make his opinion known as she shared a photo to his Instagram story.
  • Syracuse runs their way past Central Michigan

    Syracuse is coming off a disappointing seven-point home loss to Middle Tennessee despite another huge game from Steve Ishmael. Electrifying Orange sophomore Sean Riley also played a major role, consistently making plays as a receiver and kick returner.
    First new deal announced of busy Singapore F1 weekend

    First new deal announced of busy Singapore F1 weekend

    There is a massive chunk of Formula 1 fans in India who still hope to see a rerun of the races at the Buddh International Circuit in Noida, Delhi.
    Trail Blazers and Anthony Morrow Agree To Deal

    Trail Blazers and Anthony Morrow Agree To Deal

    Now, Portland is adding a seasoned veteran to the competition for its 15th standard regular-season roster spot - Anthony Morrow . Playing a total of six games over the summer, Briscoe averaged 5.5 points, 2.1 assists and 1.0 rebounds in 12 minutes per game.