Silvercrest Asset Management Group LLC increased its position in QTS Realty Trust, Inc. (NYSE:QTS) by 24.8% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,338,670 shares of the company’s stock after buying an additional 266,104 shares during the period. Silvercrest Asset Management Group LLC owned about 2.80% of QTS Realty Trust worth $66,464,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Sumitomo Mitsui Trust Holdings Inc. raised its position in QTS Realty Trust by 14.5% in the second quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 34,168 shares of the company’s stock worth $1,913,000 after buying an additional 4,331 shares in the last quarter. Bbva Compass Bancshares Inc. bought a new position in QTS Realty Trust during the second quarter worth approximately $348,000. Mesirow Financial Investment Management Equity Management bought a new position in QTS Realty Trust during the second quarter worth approximately $29,193,000. Dimensional Fund Advisors LP raised its position in QTS Realty Trust by 13.8% in the second quarter. Dimensional Fund Advisors LP now owns 422,160 shares of the company’s stock worth $23,632,000 after buying an additional 51,212 shares in the last quarter. Finally, BlackRock Advisors LLC raised its position in QTS Realty Trust by 51.5% in the second quarter. BlackRock Advisors LLC now owns 22,260 shares of the company’s stock worth $1,246,000 after buying an additional 7,569 shares in the last quarter.

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

Shares of QTS Realty Trust, Inc. (NYSE:QTS) traded down 0.49% during midday trading on Thursday, reaching $50.30. The company’s stock had a trading volume of 240,494 shares. The company has a market capitalization of $2.41 billion, a P/E ratio of 107.25 and a beta of 0.45. The company’s 50-day moving average price is $50.79 and its 200 day moving average price is $50.73. QTS Realty Trust, Inc. has a 12-month low of $41.75 and a 12-month high of $59.41.

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QTS has been the topic of a number of recent analyst reports. Zacks Investment Research lowered QTS Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, October 25th. TheStreet upgraded QTS Realty Trust from a “hold” rating to a “buy” rating in a report on Tuesday, October 25th. Guggenheim initiated coverage on QTS Realty Trust in a report on Thursday, December 1st. They issued a “buy” rating and a $53.00 target price for the company. Canaccord Genuity reiterated a “buy” rating and issued a $59.00 target price on shares of QTS Realty Trust in a report on Tuesday, December 6th. Finally, Stifel Nicolaus upgraded QTS Realty Trust from a “hold” rating to a “buy” rating and set a $55.00 target price for the company in a report on Tuesday, January 31st. They noted that the move was a valuation call. Three investment analysts have rated the stock with a hold rating and ten have given a buy rating to the stock. QTS Realty Trust presently has a consensus rating of “Buy” and a consensus target price of $57.00.

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. 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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