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.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 6th. Stockholders of record on Friday, September 18th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 2.61%. The ex-dividend date is Thursday, September 17th. QTS Realty Trust’s payout ratio is 71.48%.

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?

Insider Buying and Selling by Quarter for QTS Realty Trust (NYSE:QTS)

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.