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QTS Realty Trust (NYSE:QTS)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Monday. They currently have a $28.00 target price on the stock, up from their previous target price of $27.00. Deutsche Bank’s price target points to a potential downside of 9.59% from the company’s current price.

Separately, 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. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. QTS Realty Trust presently has an average rating of “Buy” and a consensus price target of $29.21.

QTS Realty Trust (NYSE:QTS) traded up 0.71% during mid-day trading on Monday, hitting $31.19. 3,248 shares of the company’s stock traded hands. QTS Realty Trust has a 52-week low of $19.06 and a 52-week high of $31.72. The stock has a 50-day moving average of $28.71 and a 200-day moving average of $27.06. The company has a market cap of $900.3 million and a P/E ratio of 70.71.

QTS Realty Trust (NYSE:QTS) last posted its quarterly earnings results 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 $1.95 EPS for the current fiscal year.

The company also recently announced a quarterly dividend, which is scheduled for Tuesday, October 7th. Shareholders of record on Friday, September 19th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 3.75%. The ex-dividend date is Wednesday, September 17th.

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

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