Tudor Investment Corp ET AL lessened its stake in QTS Realty Trust, Inc. (NYSE:QTS) by 33.2% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 19,223 shares of the real estate investment trust’s stock after selling 9,553 shares during the period. Tudor Investment Corp ET AL’s holdings in QTS Realty Trust were worth $1,006,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Oppenheimer Asset Management Inc. bought a new position in QTS Realty Trust in the 1st quarter valued at about $113,000. Zurcher Kantonalbank Zurich Cantonalbank grew its position in 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 grew its position in 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 position in QTS Realty Trust in the 2nd quarter valued at about $200,000. Finally, PNC Financial Services Group Inc. grew its position in QTS Realty Trust by 4,127.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,974 shares of the real estate investment trust’s stock valued at $209,000 after buying an additional 3,880 shares in the last quarter.

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A number of brokerages recently issued reports on QTS. BidaskClub upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a research report on Monday, July 24th. Morgan Stanley reiterated an “equal weight” rating and issued a $58.00 target price (up previously from $53.00) on shares of QTS Realty Trust in a research report on Friday, August 25th. Royal Bank Of Canada reiterated a “buy” rating and issued a $60.00 target price on shares of QTS Realty Trust in a research report on Wednesday, September 6th. TheStreet lowered shares of QTS Realty Trust from a “b-” rating to a “c” rating in a research report on Tuesday, July 25th. Finally, Deutsche Bank AG reiterated a “hold” rating and issued a $52.00 target price (down previously from $53.00) on shares of QTS Realty Trust in a research report on Friday, August 11th. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $57.15.

QTS Realty Trust, Inc. (NYSE:QTS) opened at 51.71 on Thursday. The company has a market cap of $2.52 billion, a price-to-earnings ratio of 131.91 and a beta of 0.45. QTS Realty Trust, Inc. has a 52-week low of $43.01 and a 52-week high of $56.23. The stock’s 50 day moving average is $53.32 and its 200 day moving average is $52.17.

QTS Realty Trust (NYSE:QTS) last announced its quarterly earnings data on Tuesday, July 25th. The real estate investment trust reported $0.63 earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of $0.63. The firm had revenue of $107.86 million during the quarter, compared to analysts’ expectations 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% compared to the same quarter last year. During the same period in the previous year, the business posted $0.63 EPS. Equities research analysts forecast that QTS Realty Trust, Inc. will post $0.45 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 5th. Shareholders of record on Friday, September 22nd will be issued a dividend of $0.39 per share. The ex-dividend date is Thursday, September 21st. This represents a $1.56 annualized dividend and a yield of 3.02%. QTS Realty Trust’s dividend payout ratio is currently 390.00%.

In other news, insider Jon D. Greaves sold 2,500 shares of the business’s stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $54.39, for a total transaction of $135,975.00. Following the completion of the transaction, the insider now directly owns 24,717 shares in the company, valued at approximately $1,344,357.63. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Chad L. Williams sold 682,576 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer now owns 236,526 shares of the company’s stock, valued at $12,831,535.50. The disclosure for this sale can be found here. Insiders have sold a total of 732,541 shares of company stock valued at $39,756,070 over the last three months. Company 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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