Legato Capital Management LLC Has $983,000 Holdings in QTS Realty Trust Inc (QTS)
Legato Capital Management LLC raised its holdings in shares of QTS Realty Trust Inc (NYSE:QTS) by 273.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,141 shares of the real estate investment trust’s stock after acquiring an additional 13,284 shares during the quarter. Legato Capital Management LLC’s holdings in QTS Realty Trust were worth $983,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds have also modified their holdings of the business. Peregrine Capital Management LLC raised its holdings in QTS Realty Trust by 10.7% during the 4th quarter. Peregrine Capital Management LLC now owns 719,646 shares of the real estate investment trust’s stock valued at $38,976,000 after acquiring an additional 69,444 shares during the period. RMR Advisors LLC bought a new stake in QTS Realty Trust during the 4th quarter valued at $542,000. Fisher Asset Management LLC raised its holdings in QTS Realty Trust by 37.7% during the 4th quarter. Fisher Asset Management LLC now owns 29,716 shares of the real estate investment trust’s stock valued at $1,609,000 after acquiring an additional 8,141 shares during the period. Strs Ohio raised its holdings in QTS Realty Trust by 5.8% during the 4th quarter. Strs Ohio now owns 77,931 shares of the real estate investment trust’s stock valued at $4,220,000 after acquiring an additional 4,257 shares during the period. Finally, APG Asset Management US Inc. raised its holdings in QTS Realty Trust by 57.7% during the 4th quarter. APG Asset Management US Inc. now owns 985,500 shares of the real estate investment trust’s stock valued at $53,375,000 after acquiring an additional 360,500 shares during the period.
In related news, COO James H. Reinhart sold 4,050 shares of the company’s stock in a transaction 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 directly owns 65,595 shares in the company, valued at $3,832,059.90. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP William H. Schafer sold 12,500 shares of the company’s stock in a transaction 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 ninety days, insiders sold 37,201 shares of company stock worth $2,112,933. Insiders own 17.30% of the company’s stock.
QTS Realty Trust Inc (QTS) traded up $0.61 during trading on Wednesday, hitting $51.23. 302,900 shares of the stock traded hands, compared to its average volume of 473,113. The company has a market capitalization of $2,570.00, a PE ratio of 142.31, a P/E/G ratio of 0.90 and a beta of 0.44. QTS Realty Trust Inc has a 52-week low of $46.32 and a 52-week high of $61.55. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 1.09.
QTS Realty Trust (NYSE:QTS) last released its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.59. The firm had revenue of $113.77 million for the quarter, compared to analysts’ expectations of $113.64 million. QTS Realty Trust had a net margin of 4.67% and a return on equity of 2.10%. The business’s quarterly revenue was up 10.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.67 earnings per share. equities research analysts forecast that QTS Realty Trust Inc will post 2.71 EPS for the current year.
The company also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Tuesday, December 5th were issued a $0.39 dividend. The ex-dividend date was Monday, December 4th. This represents a $1.56 annualized dividend and a dividend yield of 3.05%. QTS Realty Trust’s payout ratio is currently 433.33%.
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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