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QTS Realty Trust (NYSE:QTS) shares hit a new 52-week high during mid-day trading on Wednesday , Analyst Ratings reports. The stock traded as high as $31.74 and last traded at $31.22, with a volume of 15,583 shares traded. The stock had previously closed at $31.03.

Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of QTS Realty Trust in a research note on Monday, August 25th. They now have a $28.00 price target on the stock, up previously from $27.00. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $29.21.

The stock has a 50-day moving average of $28.94 and a 200-day moving average of $27.55. The company has a market cap of $892.2 million and a P/E ratio of 70.84.

QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings data on Tuesday, July 29th. The company reported $0.50 EPS for the quarter, beating the Thomson Reuters 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. The company’s quarterly revenue was up 19.7% on a year-over-year basis. On average, analysts predict that QTS Realty Trust will post $1.96 earnings per share 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 3.74%. 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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