QTS Realty Trust, Inc. (NYSE:QTS) EVP William H. Schafer sold 12,500 shares of the company’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $54.46, for a total value of $680,750.00. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Shares of QTS Realty Trust, Inc. (QTS) traded up $0.30 during trading hours on Tuesday, reaching $53.56. The company’s stock had a trading volume of 528,035 shares, compared to its average volume of 446,451. The company has a market cap of $2,700.00, a P/E ratio of 21.30, a PEG ratio of 1.07 and a beta of 0.44. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.84 and a quick ratio of 0.84. QTS Realty Trust, Inc. has a 52-week low of $46.06 and a 52-week high of $61.55.

QTS Realty Trust (NYSE:QTS) last announced its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.11 by $0.59. The firm had revenue of $113.77 million during the quarter, compared to the consensus estimate of $113.64 million. QTS Realty Trust had a return on equity of 2.10% and a net margin of 4.67%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.67 EPS. sell-side analysts forecast that QTS Realty Trust, Inc. will post 2.71 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Tuesday, December 5th will be paid a $0.39 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a yield of 2.91%. QTS Realty Trust’s dividend payout ratio (DPR) is presently 433.33%.

A number of equities research analysts recently commented on QTS shares. Credit Suisse Group set a $55.00 price target on QTS Realty Trust and gave the company a “hold” rating in a research report on Tuesday, November 14th. Deutsche Bank reissued a “hold” rating and issued a $52.00 price target (down from $53.00) on shares of QTS Realty Trust in a research report on Friday, August 11th. Jefferies Group lowered their price target on QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, November 20th. SunTrust Banks increased their price target on QTS Realty Trust from $62.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, October 26th. Finally, Zacks Investment Research lowered QTS Realty Trust from a “buy” rating to a “hold” rating in a research report on Saturday, October 28th. Six investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of $59.00.

Large investors have recently made changes to their positions in the business. Prudential Financial Inc. grew its stake in QTS Realty Trust by 15,615.8% in the 2nd quarter. Prudential Financial Inc. now owns 666,350 shares of the real estate investment trust’s stock valued at $34,870,000 after purchasing an additional 662,110 shares during the period. Scout Investments Inc. grew its stake in QTS Realty Trust by 14.3% in the 2nd quarter. Scout Investments Inc. now owns 39,650 shares of the real estate investment trust’s stock valued at $2,075,000 after purchasing an additional 4,950 shares during the period. BlackRock Inc. grew its stake in QTS Realty Trust by 3.6% in the 2nd quarter. BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust’s stock valued at $219,723,000 after purchasing an additional 145,235 shares during the period. IndexIQ Advisors LLC grew its stake in QTS Realty Trust by 15.0% in the 2nd quarter. IndexIQ Advisors LLC now owns 49,443 shares of the real estate investment trust’s stock valued at $2,587,000 after purchasing an additional 6,438 shares during the period. Finally, Lord Abbett & CO. LLC bought a new position in QTS Realty Trust in the 2nd quarter valued at $48,171,000.

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About QTS Realty Trust

QTS Realty Trust, Inc (QTS) 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. Its data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers.

Insider Buying and Selling by Quarter for QTS Realty Trust (NYSE:QTS)

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