Somewhat Positive Press Coverage Somewhat Unlikely to Affect QTS Realty Trust (QTS) Share Price
Press coverage about QTS Realty Trust (NYSE:QTS) has trended somewhat positive recently, according to Accern Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. QTS Realty Trust earned a media sentiment score of 0.20 on Accern’s scale. Accern also assigned media headlines about the real estate investment trust an impact score of 45.689472387374 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s analysis:
- QTS Realty Trust, Inc. (QTS) Receives “Buy” Rating from Royal Bank Of Canada (americanbankingnews.com)
- Century Capital Management LLC Sells 5,056 Shares of QTS Realty Trust, Inc. (QTS) (lightwaveonline.com)
- Comparing Farmland Partners (FPI) & QTS Realty Trust (QTS) (americanbankingnews.com)
- QTS Realty Trust (QTS) and American Tower Corporation (REIT) (AMT) Head to Head Survey (americanbankingnews.com)
- QTS Realty Trust, Inc. Class A (NYSE:QTS) Sees Light Trading Volume with 195K Shares Changing Hands (highlightpress.com)
QTS Realty Trust (QTS) opened at 54.98 on Monday. The firm’s 50-day moving average price is $53.82 and its 200 day moving average price is $51.81. QTS Realty Trust has a one year low of $43.01 and a one year high of $55.57. The firm has a market capitalization of $2.68 billion, a P/E ratio of 140.26 and a beta of 0.47.
QTS Realty Trust (NYSE:QTS) last announced its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, meeting the Zacks’ consensus estimate of $0.63. QTS Realty Trust had a return on equity of 2.04% and a net margin of 4.60%. The firm had revenue of $107.86 million for the quarter, compared to analysts’ expectations of $107.66 million. During the same period last year, the firm earned $0.63 earnings per share. The company’s revenue for the quarter was up 9.3% compared to the same quarter last year. On average, equities analysts anticipate that QTS Realty Trust will post $0.45 earnings per share for the current fiscal year.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Stockholders of record on Friday, September 22nd will be paid a dividend of $0.39 per share. The ex-dividend date is Thursday, September 21st. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.84%. QTS Realty Trust’s dividend payout ratio (DPR) is currently 390.00%.
Several equities research analysts recently weighed in on QTS shares. Deutsche Bank AG reissued a “hold” rating and set a $52.00 price objective (down previously from $53.00) on shares of QTS Realty Trust in a report on Friday, August 11th. Zacks Investment Research downgraded QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Morgan Stanley reissued an “equal weight” rating and set a $58.00 price objective (up previously from $53.00) on shares of QTS Realty Trust in a report on Friday, August 25th. Royal Bank Of Canada reissued a “buy” rating and set a $60.00 price objective on shares of QTS Realty Trust in a report on Friday, July 28th. Finally, TheStreet downgraded QTS Realty Trust from a “b-” rating to a “c” rating in a report on Tuesday, July 25th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the company’s stock. QTS Realty Trust presently has an average rating of “Buy” and a consensus price target of $57.14.
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In other news, EVP William H. Schafer sold 16,260 shares of the stock in a transaction dated Thursday, August 17th. The shares were sold at an average price of $54.47, for a total transaction of $885,682.20. Following the completion of the sale, the executive vice president now directly owns 67,735 shares in the company, valued at $3,689,525.45. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Chad L. Williams sold 682,576 shares of the stock in a transaction dated Monday, August 14th. The stock was sold at an average price of $54.25, for a total transaction of $37,029,748.00. Following the sale, the chief executive officer now owns 236,526 shares of the company’s stock, valued at $12,831,535.50. The disclosure for this sale can be found here. Insiders have sold 738,996 shares of company stock worth $40,091,116 over the last ninety days. Insiders own 17.30% of the company’s stock.
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.
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