Oppenheimer & Co. Inc. reduced its stake in QTS Realty Trust Inc. (NYSE:QTS) by 4.9% during the third quarter, according to its most recent filing with the SEC. The firm owned 67,900 shares of the company’s stock after selling 3,500 shares during the period. Oppenheimer & Co. Inc.’s holdings in QTS Realty Trust were worth $3,589,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BNP Paribas Arbitrage SA bought a new position in QTS Realty Trust during the second quarter valued at $117,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its position in QTS Realty Trust by 21.8% in the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,090 shares of the company’s stock valued at $117,000 after buying an additional 374 shares during the period. New Mexico Educational Retirement Board boosted its position in QTS Realty Trust by 15.0% in the third quarter. New Mexico Educational Retirement Board now owns 2,300 shares of the company’s stock valued at $122,000 after buying an additional 300 shares during the period. BlackRock Japan Co. Ltd boosted its position in QTS Realty Trust by 19.1% in the second quarter. BlackRock Japan Co. Ltd now owns 2,424 shares of the company’s stock valued at $136,000 after buying an additional 388 shares during the period. Finally, Societe Generale bought a new position in QTS Realty Trust during the second quarter valued at $181,000.

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

QTS Realty Trust Inc. (NYSE:QTS) traded down 2.17% during mid-day trading on Wednesday, hitting $46.80. The stock had a trading volume of 576,964 shares. QTS Realty Trust Inc. has a 12 month low of $40.50 and a 12 month high of $59.41. The stock has a market cap of $2.24 billion, a price-to-earnings ratio of 99.79 and a beta of 0.46. The stock’s 50-day moving average price is $48.05 and its 200-day moving average price is $52.55.

QTS Realty Trust (NYSE:QTS) last posted its quarterly earnings results on Tuesday, October 25th. The company reported $0.67 EPS for the quarter, topping the Zacks’ consensus estimate of $0.64 by $0.03. QTS Realty Trust had a return on equity of 2.53% and a net margin of 5.47%. The company had revenue of $103.50 million for the quarter, compared to analysts’ expectations of $46.02 million. During the same period in the previous year, the firm earned $0.61 EPS. The firm’s revenue was up 16.4% compared to the same quarter last year. On average, analysts predict that QTS Realty Trust Inc. will post $2.60 earnings per share for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 5th. Investors of record on Friday, December 16th will be issued a $0.36 dividend. The ex-dividend date of this dividend is Wednesday, December 14th. This represents a $1.44 dividend on an annualized basis and a yield of 3.08%. QTS Realty Trust’s dividend payout ratio is presently 320.00%.

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Several research analysts recently weighed in on QTS shares. Wells Fargo & Co. restated a “buy” rating on shares of QTS Realty Trust in a research report on Thursday, September 22nd. Jefferies Group decreased their price objective on shares of QTS Realty Trust from $65.00 to $63.00 and set a “buy” rating on the stock in a research report on Thursday, August 11th. Zacks Investment Research upgraded shares of QTS Realty Trust from a “hold” rating to a “buy” rating and set a $57.00 price objective on the stock in a research report on Wednesday, October 12th. TheStreet upgraded shares of QTS Realty Trust from a “hold” rating to a “buy” rating in a research report on Tuesday, October 25th. Finally, Raymond James Financial Inc. began coverage on shares of QTS Realty Trust in a research report on Friday, October 7th. They set an “outperform” rating and a $60.00 price target on the stock. Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The company presently has an average rating of “Buy” and a consensus price target of $57.60.

In other QTS Realty Trust news, insider Jeffrey H. Berson purchased 3,300 shares of the stock in a transaction that occurred on Friday, November 4th. The shares were bought at an average cost of $45.00 per share, with a total value of $148,500.00. Following the acquisition, the insider now owns 56,556 shares in the company, valued at $2,545,020. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 17.30% of the stock is owned by corporate 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. It operates through a portfolio of investments in over 20 data centers located primarily in the United States with others in Canada, Europe and the Asia-Pacific region.

5 Day Chart for NYSE:QTS

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