QTS Realty Trust Inc (NYSE:QTS) has earned a consensus rating of “Hold” from the fifteen analysts that are presently covering the company, MarketBeat reports. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating on the company. The average 1 year target price among analysts that have covered the stock in the last year is $57.91.

A number of analysts recently weighed in on the stock. Credit Suisse Group lowered shares of QTS Realty Trust from a “neutral” rating to an “underperform” rating and set a $43.00 target price on the stock. in a report on Wednesday, January 17th. Zacks Investment Research lowered shares of QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Thursday, January 4th. Jefferies Group decreased their target price on shares of QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating on the stock in a report on Monday, November 20th. Wells Fargo & Co upped their target price on shares of QTS Realty Trust from $62.50 to $63.00 and gave the stock an “outperform” rating in a report on Wednesday, November 15th. Finally, JPMorgan Chase & Co. upped their target price on shares of QTS Realty Trust from $59.00 to $60.00 and gave the stock a “neutral” rating in a report on Monday, October 30th.

In other QTS Realty Trust news, COO James H. Reinhart sold 4,050 shares of the business’s stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $58.42, for a total value of $236,601.00. Following the completion of the transaction, the chief operating officer now owns 65,595 shares of the company’s stock, valued at approximately $3,832,059.90. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP William H. Schafer sold 12,500 shares of the business’s stock in a transaction that occurred on Monday, December 4th. The stock was sold at an average price of $54.46, for a total transaction of $680,750.00. The disclosure for this sale can be found here. In the last three months, insiders sold 37,201 shares of company stock valued at $2,112,933. Corporate insiders own 17.30% of the company’s stock.

A number of hedge funds have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its stake in QTS Realty Trust by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 7,041,576 shares of the real estate investment trust’s stock worth $368,486,000 after buying an additional 30,800 shares in the last quarter. BlackRock Inc. boosted its stake in shares of QTS Realty Trust by 3.6% in the 2nd quarter. BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust’s stock valued at $219,723,000 after purchasing an additional 145,235 shares in the last quarter. Brookfield Asset Management Inc. boosted its stake in shares of QTS Realty Trust by 7.8% in the 2nd 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 purchasing an additional 120,695 shares in the last quarter. Jennison Associates LLC boosted its stake in shares of QTS Realty Trust by 18.2% in the 4th quarter. Jennison Associates LLC now owns 1,446,978 shares of the real estate investment trust’s stock valued at $78,368,000 after purchasing an additional 223,162 shares in the last quarter. Finally, Voya Investment Management LLC boosted its stake in shares of QTS Realty Trust by 7.1% in the 2nd 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 purchasing an additional 79,518 shares in the last quarter.

QTS Realty Trust (NYSE QTS) traded down $0.10 during trading on Tuesday, reaching $50.23. 211,760 shares of the company were exchanged, compared to its average volume of 402,284. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.09. The company has a market cap of $2,531.61, a price-to-earnings ratio of 122.52, a PEG ratio of 0.90 and a beta of 0.44. QTS Realty Trust has a twelve month low of $46.32 and a twelve month high of $61.55.

The business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Shareholders of record on Tuesday, December 5th were paid a $0.39 dividend. The ex-dividend date of this dividend was Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a yield of 3.11%. QTS Realty Trust’s dividend payout ratio is presently 380.50%.

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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.

Analyst Recommendations for QTS Realty Trust (NYSE:QTS)

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