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%.
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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.