Teacher Retirement System of Texas acquired a new position in shares of QTS Realty Trust, Inc. (NYSE:QTS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 3,829 shares of the real estate investment trust’s stock, valued at approximately $200,000.

Several other large investors have also made changes to their positions in QTS. Oppenheimer Asset Management Inc. acquired a new stake in shares of QTS Realty Trust during the first quarter worth about $113,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in shares of QTS Realty Trust by 5.6% in the first quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,946 shares of the real estate investment trust’s stock worth $144,000 after buying an additional 157 shares during the period. Hillsdale Investment Management Inc. acquired a new stake in shares of QTS Realty Trust during the first quarter worth about $156,000. Quantbot Technologies LP boosted its stake in shares of QTS Realty Trust by 211.1% in the first quarter. Quantbot Technologies LP now owns 3,326 shares of the real estate investment trust’s stock worth $162,000 after buying an additional 2,257 shares during the period. Finally, Prudential Financial Inc. acquired a new stake in shares of QTS Realty Trust during the first quarter worth about $207,000.

Shares of QTS Realty Trust, Inc. (NYSE:QTS) opened at 53.54 on Thursday. QTS Realty Trust, Inc. has a 12 month low of $43.01 and a 12 month high of $56.54. The firm’s 50-day moving average is $53.34 and its 200 day moving average is $51.61. The stock has a market cap of $2.61 billion, a PE ratio of 136.58 and a beta of 0.47.

QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.63 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.63. The firm had revenue of $107.86 million during the quarter, compared to the consensus estimate of $107.66 million. QTS Realty Trust had a return on equity of 2.04% and a net margin of 4.60%. The company’s quarterly revenue was up 9.3% on a year-over-year basis. During the same period last year, the company earned $0.63 EPS. On average, equities analysts predict that QTS Realty Trust, Inc. will post $0.45 EPS for the current year.

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 22nd will be given a dividend of $0.39 per share. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.91%. The ex-dividend date is Thursday, September 21st. QTS Realty Trust’s payout ratio is 390.00%.

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QTS has been the subject of a number of research reports. BidaskClub raised shares of QTS Realty Trust from a “hold” rating to a “buy” rating in a research note on Tuesday, June 27th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $60.00 price objective on shares of QTS Realty Trust in a research note on Friday, July 28th. Jefferies Group LLC reaffirmed a “buy” rating and issued a $60.00 price objective on shares of QTS Realty Trust in a research note on Friday, June 9th. TheStreet cut shares of QTS Realty Trust from a “b-” rating to a “c” rating in a research note on Tuesday, July 25th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $58.00 price objective (up previously from $53.00) on shares of QTS Realty Trust in a research note on Friday, August 25th. Six analysts have rated the stock with a hold rating and ten have issued a buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of $57.14.

In related news, Director Stephen E. Westhead sold 9,425 shares of the firm’s stock in a transaction dated Tuesday, August 15th. The stock was sold at an average price of $54.44, for a total transaction of $513,097.00. Following the completion of the sale, the director now directly owns 11,349 shares of the company’s stock, valued at approximately $617,839.56. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William H. Schafer sold 16,260 shares of the firm’s stock in a transaction dated Thursday, August 17th. The stock was sold at an average price of $54.47, for a total value of $885,682.20. Following the sale, the executive vice president now directly owns 67,735 shares of the company’s stock, valued at $3,689,525.45. The disclosure for this sale can be found here. Insiders have sold a total of 736,496 shares of company stock valued at $39,955,141 over the last three months. Corporate insiders own 17.30% of the company’s stock.

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

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