QTS Realty Trust Inc (NYSE:QTS) Insider Shirley E. Goza Sells 15,417 Shares of Stock
QTS Realty Trust Inc (NYSE:QTS) insider Shirley E. Goza sold 15,417 shares of the business’s stock in a transaction dated Friday, July 31st. The stock was sold at an average price of $70.73, for a total value of $1,090,444.41. Following the sale, the insider now owns 29,152 shares in the company, valued at $2,061,920.96. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.
Shares of QTS opened at $71.95 on Friday. QTS Realty Trust Inc has a 52-week low of $42.64 and a 52-week high of $72.11. The company has a debt-to-equity ratio of 1.64, a quick ratio of 1.39 and a current ratio of 1.38. The business’s 50 day moving average price is $65.13 and its two-hundred day moving average price is $60.64. The firm has a market cap of $4.34 billion, a PE ratio of -232.09 and a beta of 0.52.
QTS Realty Trust (NYSE:QTS) last issued its earnings results on Monday, July 27th. The real estate investment trust reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.58 by ($0.63). QTS Realty Trust had a return on equity of 1.88% and a net margin of 3.90%. The firm had revenue of $131.60 million for the quarter, compared to analyst estimates of $129.99 million. During the same period in the previous year, the company earned $0.65 earnings per share. QTS Realty Trust’s revenue for the quarter was up 10.6% compared to the same quarter last year. Research analysts predict that QTS Realty Trust Inc will post 2.32 EPS for the current fiscal year.
Several analysts have recently weighed in on QTS shares. SunTrust Banks boosted their price target on QTS Realty Trust from $70.00 to $74.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Zacks Investment Research cut QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Tuesday. Deutsche Bank began coverage on QTS Realty Trust in a report on Friday, June 5th. They issued a “hold” rating and a $69.00 target price on the stock. Barclays began coverage on QTS Realty Trust in a report on Wednesday, July 15th. They issued an “overweight” rating and a $73.00 target price on the stock. Finally, Stifel Nicolaus upped their target price on QTS Realty Trust from $74.00 to $76.00 and gave the company a “buy” rating in a report on Wednesday. One research analyst has rated the stock with a sell rating, four have given a hold rating and thirteen have assigned a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $69.41.
Several large investors have recently modified their holdings of the company. Fisher Asset Management LLC raised its position in shares of QTS Realty Trust by 0.7% during the first quarter. Fisher Asset Management LLC now owns 22,057 shares of the real estate investment trust’s stock worth $1,280,000 after purchasing an additional 155 shares during the period. Nissay Asset Management Corp Japan ADV raised its position in shares of QTS Realty Trust by 3.4% during the first quarter. Nissay Asset Management Corp Japan ADV now owns 4,807 shares of the real estate investment trust’s stock worth $279,000 after purchasing an additional 157 shares during the period. SG Americas Securities LLC raised its position in shares of QTS Realty Trust by 0.4% during the second quarter. SG Americas Securities LLC now owns 57,236 shares of the real estate investment trust’s stock worth $3,668,000 after purchasing an additional 207 shares during the period. NEXT Financial Group Inc raised its position in shares of QTS Realty Trust by 13.8% during the first quarter. NEXT Financial Group Inc now owns 1,737 shares of the real estate investment trust’s stock worth $101,000 after purchasing an additional 211 shares during the period. Finally, Scout Investments Inc. raised its position in QTS Realty Trust by 0.3% in the 2nd quarter. Scout Investments Inc. now owns 97,695 shares of the real estate investment trust’s stock valued at $6,261,000 after buying an additional 262 shares during the last quarter.
QTS Realty Trust Company Profile
QTS Realty Trust, Inc (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned mega scale data center space throughout North America. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities.
See Also: How do taxes affect a CDs total return?
Receive News & Ratings for QTS Realty Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QTS Realty Trust and related companies with MarketBeat.com's FREE daily email newsletter.