BlackRock Inc. raised its stake in shares of QTS Realty Trust by 3.6% in the second quarter. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 17.30% of the company's stock. QTS Realty Trust makes up approximately 5.2% of HGI Capital Management LLC's holdings, making the stock its 7th largest position. Oppenheimer Asset Management Inc. acquired a new position in QTS Realty Trust during the first quarter valued at about $113,000.
The following firms have also recently changed their position in QTS. Stoneridge Investment Prns Limited Liability Com invested 0.25% in QTS Realty Trust Inc (NYSE:QTS). BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust's stock worth $219,723,000 after buying an additional 145,235 shares during the last quarter. The New York-based Sg Americas Limited Liability has invested 0% in QTS Realty Trust Inc (NYSE:QTS). Vanguard Group Inc. now owns 7,010,776 shares of the real estate investment trust's stock valued at $341,775,000 after buying an additional 142,219 shares in the last quarter. Teachers Advisors LLC now owns 595,581 shares of the real estate investment trust's stock worth $29,571,000 after buying an additional 260,358 shares during the last quarter. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.63.
News articles about QTS Realty Trust (NYSE:QTS) have been trending somewhat positive on Saturday, according to Accern Sentiment. (NYSE QTS) opened at 53.28 on Thursday.
The P/E ratio is now 135.79 and the market cap of the company is 2.60B. Ohio-based Strs Ohio has invested 0.02% in QTS Realty Trust Inc (NYSE:QTS).
Shares of the company are trading at $53.33 a tad higher than $52.99, the stock's 50 day moving average and which is just over the 200 day moving average of $51.37.
QTS Realty Trust (NYSE:QTS) last posted its earnings results on Tuesday, July 25th. SunTrust Banks also issued estimates for QTS Realty Trust's Q4 2018 earnings at $0.80 EPS and FY2018 earnings at $3.00 EPS. The company had revenue of $107.86 million for the quarter, compared to analysts' expectations of $107.66 million. Janney Montgomery Scott Limited Liability Corp reported 0.02% of its portfolio in QTS Realty Trust Inc (NYSE:QTS). The firm's revenue for the quarter was up 9.3% on a year-over-year basis. During the same period in the prior year, the business earned $0.63 earnings per share. During the same period past year, the business posted $0.63 earnings per share. Class A recently declared a dividend that will be paid on Thursday the 5th of October 2017. During the same quarter in the previous year, the firm earned $0.63 earnings per share. Wall Street analysts polled by Thomson Reuters have a current recommendation of 1.90 on a consensus basis for the stock. The ex-dividend date of this dividend is Thursday, September 21st. QTS Realty Trust's payout ratio is 390.00%. If you are reading this news story on another domain, it was copied illegally and republished in violation of USA and global copyright law. BidaskClub upgraded shares of QTS Realty Trust from a "sell" rating to a "hold" rating in a research report on Monday, July 24th. Citadel Advisors Ltd holds 0.01% of its portfolio in QTS Realty Trust Inc (NYSE:QTS) for 268,837 shares. KeyBanc Capital Markets maintained the shares of QTS in report on Tuesday, April 5 with "Outperform" rating. Royal Bank Of Canada restated a "buy" rating and set a $60.00 price target on shares of QTS Realty Trust in a report on Friday.
American Assets Capital Advisers holds 4.77% of its portfolio in QTS Realty Trust Inc for 146,317 shares. QTS was included in 35 notes of analysts from July 28, 2015. One research analyst has rated the stock with a sell rating, four have assigned a hold rating and ten have issued a buy rating on the company. The stock now has a consensus rating of Buy and an average price target of $57.08. Also, Director Stephen E. Westhead sold 11,000 shares of QTS Realty Trust stock in a transaction on Friday, May 26th. 137,192 shares of the company's stock traded hands.
In other news, Director Stephen E. Westhead sold 1,217 shares of the company's stock in a transaction that occurred on Wednesday, May 17th. The shares were sold at an average price of $53.08, for a total transaction of $530,800.00. Moreover, Aristotle Capital Boston Llc has 1.68% invested in the company for 247,144 shares. The disclosure for this sale can be found here. (QTS) is a provider of secure, compliant data center solutions, hybrid cloud and fully managed services. Its data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers.