Bamco Inc. NY purchased a new stake in QTS Realty Trust, Inc. (NYSE:QTS) during the second quarter, according to its most recent 13F filing with the SEC. The firm purchased 234,093 shares of the real estate investment trust’s stock, valued at approximately $12,250,000. Bamco Inc. NY owned approximately 0.48% of QTS Realty Trust as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Oppenheimer Asset Management Inc. bought a new stake in shares of QTS Realty Trust in the 1st quarter valued at about $113,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of QTS Realty Trust by 5.6% in the 1st quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,946 shares of the real estate investment trust’s stock valued at $144,000 after buying an additional 157 shares in the last quarter. Quantbot Technologies LP boosted its holdings in shares of QTS Realty Trust by 211.1% in the 1st quarter. Quantbot Technologies LP now owns 3,326 shares of the real estate investment trust’s stock valued at $162,000 after buying an additional 2,257 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in shares of QTS Realty Trust in the 2nd quarter valued at about $200,000. Finally, Prudential Financial Inc. bought a new stake in shares of QTS Realty Trust in the 1st quarter valued at about $207,000.

QTS Realty Trust, Inc. (QTS) opened at 52.36 on Friday. QTS Realty Trust, Inc. has a 12 month low of $43.01 and a 12 month high of $56.23. The company has a 50 day moving average of $53.96 and a 200 day moving average of $51.95. The stock has a market capitalization of $2.56 billion, a price-to-earnings ratio of 133.57 and a beta of 0.47.

QTS Realty Trust (NYSE:QTS) last announced its quarterly earnings results 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. 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 firm’s quarterly revenue was up 9.3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.63 earnings per share. On average, equities analysts predict that QTS Realty Trust, Inc. will post $0.45 EPS for the current year.

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 5th. Investors of record on Friday, September 22nd will be issued a $0.39 dividend. This represents a $1.56 dividend on an annualized basis and a yield of 2.98%. The ex-dividend date is Thursday, September 21st. QTS Realty Trust’s dividend payout ratio (DPR) is 390.00%.

In related news, CEO Chad L. Williams sold 682,576 shares of the company’s stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $54.25, for a total value of $37,029,748.00. Following the completion of the transaction, the chief executive officer now directly owns 236,526 shares of the company’s stock, valued at $12,831,535.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO James H. Reinhart sold 3,545 shares of the company’s stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $55.22, for a total value of $195,754.90. Following the completion of the transaction, the chief operating officer now directly owns 74,837 shares of the company’s stock, valued at $4,132,499.14. The disclosure for this sale can be found here. Insiders sold 732,541 shares of company stock valued at $39,756,070 over the last ninety days. 17.30% of the stock is currently owned by corporate insiders.

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A number of research firms have recently weighed in on QTS. BidaskClub upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a report on Thursday, August 17th. Deutsche Bank AG restated a “hold” rating and issued a $52.00 price target (down from $53.00) on shares of QTS Realty Trust in a report on Friday, August 11th. Jefferies Group LLC restated a “buy” rating and issued a $60.00 price target on shares of QTS Realty Trust in a report on Friday, June 9th. Zacks Investment Research upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Finally, TheStreet cut shares of QTS Realty Trust from a “b-” rating to a “c” rating in a report on Tuesday, July 25th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. QTS Realty Trust currently has an average rating of “Buy” and a consensus target price of $57.14.

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.

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

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