QTS Realty Trust Inc (QTS) Plans Quarterly Dividend of $0.29
QTS Realty Trust (NYSE:QTS) declared a quarterly dividend on Thursday, February 13th, AnalystRatings.NET reports. Stockholders of record on Thursday, March 20th will be given a dividend of 0.29 per share on Tuesday, April 8th. This represents a $1.16 dividend on an annualized basis and a yield of 5.13%.
QTS has been the subject of a number of recent research reports. Analysts at Deutsche Bank raised their price target on shares of QTS Realty Trust from $23.00 to $24.00 in a research note on Monday, January 27th. They now have a “hold” rating on the stock. On a related note, analysts at Zacks upgraded shares of QTS Realty Trust from a “neutral” rating to an “outperform” rating in a research note on Monday, January 6th. They now have a $26.70 price target on the stock. Finally, analysts at Morgan Stanley initiated coverage on shares of QTS Realty Trust in a research note on Thursday, December 19th. They set an “overweight” rating and a $27.00 price target on the stock. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Buy” and a consensus target price of $26.67.
Shares of QTS Realty Trust (NYSE:QTS) traded down 0.13% on Thursday, hitting $22.39. The stock had a trading volume of 161,305 shares. QTS Realty Trust has a 52-week low of $19.06 and a 52-week high of $26.30. The stock has a 50-day moving average of $23.80 and a 200-day moving average of $22.08. The company’s market cap is $648.7 million.
QTS Realty Trust, Inc is a owner, developer and operator of carrier-neutral, multi-tenant data centers.
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