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QTS Realty Trust (NYSE:QTS) declared a quarterly dividend on Tuesday, August 12th, AnalystRatings.NET reports. Investors of record on Friday, September 19th will be given a dividend of 0.29 per share on Tuesday, October 7th. This represents a $1.16 dividend on an annualized basis and a yield of 3.96%.

A number of analysts have recently weighed in on QTS shares. Analysts at Stephens initiated coverage on shares of QTS Realty Trust in a research note on Friday, May 30th. They set an “equal weight” rating and a $32.00 price target on the stock. On a related note, analysts at Goldman Sachs raised their price target on shares of QTS Realty Trust from $27.00 to $30.50 in a research note on Thursday, May 15th. Finally, analysts at Jefferies Group raised their price target on shares of QTS Realty Trust from $30.00 to $33.00 in a research note on Wednesday, May 14th. They now have a “buy” rating on the stock. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company currently has an average rating of “Buy” and a consensus price target of $28.64.

QTS Realty Trust (NYSE:QTS) traded down 1.64% during mid-day trading on Tuesday, hitting $28.82. The stock had a trading volume of 94,831 shares. QTS Realty Trust has a 52-week low of $19.06 and a 52-week high of $29.98. The stock’s 50-day moving average is $28.33 and its 200-day moving average is $26.64. The company has a market cap of $809.6 million and a P/E ratio of 75.91.

QTS Realty Trust (NYSE:QTS) last released its earnings data on Tuesday, July 29th. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.48 by $0.02. The company had revenue of $51.34 million for the quarter, compared to the consensus estimate of $50.72 million. QTS Realty Trust’s revenue was up 19.7% compared to the same quarter last year. Analysts expect that QTS Realty Trust will post $1.97 EPS for the current fiscal year.

QTS Realty Trust, Inc is a owner, developer and operator of carrier-neutral, multi-tenant data centers.

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