Teachers Advisors LLC lowered its position in QTS Realty Trust Inc (NYSE:QTS) by 2.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 812,998 shares of the real estate investment trust’s stock after selling 19,966 shares during the period. Teachers Advisors LLC owned 1.62% of QTS Realty Trust worth $44,032,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in QTS. California Public Employees Retirement System increased its holdings in QTS Realty Trust by 2.5% in the second quarter. California Public Employees Retirement System now owns 12,500 shares of the real estate investment trust’s stock worth $654,000 after buying an additional 300 shares during the last quarter. First Trust Advisors LP grew its holdings in QTS Realty Trust by 59.1% during the third quarter. First Trust Advisors LP now owns 25,380 shares of the real estate investment trust’s stock valued at $1,329,000 after purchasing an additional 9,428 shares during the last quarter. Aperio Group LLC grew its holdings in QTS Realty Trust by 10.2% during the third quarter. Aperio Group LLC now owns 10,904 shares of the real estate investment trust’s stock valued at $571,000 after purchasing an additional 1,008 shares during the last quarter. FDx Advisors Inc. acquired a new position in QTS Realty Trust during the third quarter valued at approximately $354,000. Finally, Sei Investments Co. grew its holdings in QTS Realty Trust by 9.5% during the third quarter. Sei Investments Co. now owns 77,188 shares of the real estate investment trust’s stock valued at $4,042,000 after purchasing an additional 6,709 shares during the last quarter.
Several brokerages have commented on QTS. KeyCorp set a $40.00 price target on QTS Realty Trust and gave the company a “buy” rating in a report on Monday, March 12th. Credit Suisse Group set a $31.00 price target on QTS Realty Trust and gave the company a “sell” rating in a report on Saturday. Goldman Sachs upgraded QTS Realty Trust from a “neutral” rating to a “buy” rating and set a $45.00 price target on the stock in a report on Friday. Wells Fargo reiterated a “buy” rating and set a $37.00 price target (down previously from $63.00) on shares of QTS Realty Trust in a report on Thursday, February 22nd. Finally, Jefferies Group lowered their price target on QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, November 20th. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating and ten have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of $51.40.
QTS Realty Trust stock opened at $37.74 on Monday. The company has a market capitalization of $1,909.56, a price-to-earnings ratio of 13.67, a P/E/G ratio of 0.74 and a beta of 0.71. QTS Realty Trust Inc has a 12-month low of $31.58 and a 12-month high of $61.55. The company has a debt-to-equity ratio of 1.24, a current ratio of 0.49 and a quick ratio of 0.49.
QTS Realty Trust (NYSE:QTS) last issued its earnings results on Tuesday, February 20th. The real estate investment trust reported $0.79 EPS for the quarter, topping the consensus estimate of $0.74 by $0.05. The firm had revenue of $118.90 million during the quarter, compared to analysts’ expectations of $118.30 million. QTS Realty Trust had a return on equity of 3.15% and a net margin of 0.29%. QTS Realty Trust’s quarterly revenue was up 12.8% compared to the same quarter last year. During the same period last year, the business earned $0.64 earnings per share. analysts predict that QTS Realty Trust Inc will post 2.62 EPS for the current year.
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 5th. Investors of record on Thursday, March 22nd will be given a $0.41 dividend. This is a boost from QTS Realty Trust’s previous quarterly dividend of $0.39. This represents a $1.64 annualized dividend and a yield of 4.35%. The ex-dividend date is Wednesday, March 21st. QTS Realty Trust’s dividend payout ratio (DPR) is 7,800.00%.
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.
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