QTS Realty Trust, Inc. (QTS) Holdings Trimmed by Dupont Capital Management Corp

Dupont Capital Management Corp decreased its position in QTS Realty Trust, Inc. (NYSE:QTS) by 54.6% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 18,548 shares of the real estate investment trust’s stock after selling 22,268 shares during the period. Dupont Capital Management Corp’s holdings in QTS Realty Trust were worth $971,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Vanguard Group Inc. increased its holdings in QTS Realty Trust by 0.4% in the second quarter. Vanguard Group Inc. now owns 7,041,576 shares of the real estate investment trust’s stock valued at $368,486,000 after buying an additional 30,800 shares in the last quarter. BlackRock Inc. increased its holdings in QTS Realty Trust by 3.6% in the second quarter. BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust’s stock valued at $219,723,000 after buying an additional 145,235 shares in the last quarter. Brookfield Asset Management Inc. increased its holdings in QTS Realty Trust by 7.8% in the second quarter. Brookfield Asset Management Inc. now owns 1,672,745 shares of the real estate investment trust’s stock valued at $87,535,000 after buying an additional 120,695 shares in the last quarter. Voya Investment Management LLC increased its holdings in QTS Realty Trust by 7.1% in the second quarter. Voya Investment Management LLC now owns 1,206,826 shares of the real estate investment trust’s stock valued at $63,153,000 after buying an additional 79,518 shares in the last quarter. Finally, State Street Corp increased its holdings in QTS Realty Trust by 6.4% in the second quarter. State Street Corp now owns 1,050,113 shares of the real estate investment trust’s stock valued at $54,953,000 after buying an additional 62,812 shares in the last quarter.

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A number of research analysts have weighed in on QTS shares. TheStreet raised shares of QTS Realty Trust from a “c” rating to a “b-” rating in a report on Tuesday, October 24th. SunTrust Banks, Inc. lifted their price objective on shares of QTS Realty Trust from $62.00 to $64.00 and gave the company a “buy” rating in a report on Thursday, October 26th. Zacks Investment Research raised shares of QTS Realty Trust from a “hold” rating to a “buy” rating and set a $60.00 price objective for the company in a report on Tuesday, October 17th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $60.00 price objective on shares of QTS Realty Trust in a report on Wednesday, September 6th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $58.00 price objective (up previously from $53.00) on shares of QTS Realty Trust in a report on Friday, August 25th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of $57.85.

Shares of QTS Realty Trust, Inc. (NYSE QTS) opened at $60.15 on Friday. QTS Realty Trust, Inc. has a 52-week low of $43.95 and a 52-week high of $60.60. The stock has a market cap of $3,025.55, a PE ratio of 23.05, a PEG ratio of 1.03 and a beta of 0.48. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.84 and a quick ratio of 1.03.

QTS Realty Trust (NYSE:QTS) last announced its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.11 by $0.59. QTS Realty Trust had a net margin of 4.67% and a return on equity of 2.10%. The business had revenue of $113.77 million for the quarter, compared to analyst estimates of $113.64 million. During the same quarter last year, the business earned $0.67 earnings per share. The company’s revenue for the quarter was up 10.0% compared to the same quarter last year. sell-side analysts forecast that QTS Realty Trust, Inc. will post 2.7 EPS for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, December 5th will be given a $0.39 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $1.56 annualized dividend and a dividend yield of 2.59%. QTS Realty Trust’s dividend payout ratio (DPR) is 380.50%.

In related news, insider Jon D. Greaves sold 2,500 shares of the business’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $54.39, for a total transaction of $135,975.00. Following the transaction, the insider now directly owns 24,717 shares in the company, valued at $1,344,357.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, COO James H. Reinhart sold 3,545 shares of the business’s stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $55.22, for a total transaction of $195,754.90. Following the transaction, the chief operating officer now owns 74,837 shares in the company, valued at $4,132,499.14. The disclosure for this sale can be found here. Insiders have sold 732,541 shares of company stock worth $39,756,070 over the last 90 days. 17.30% of the stock is currently owned by company insiders.

QTS Realty Trust Company Profile

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.

Institutional Ownership by Quarter for QTS Realty Trust (NYSE:QTS)

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