QTS Realty Trust (QTS) Earns Daily Coverage Optimism Rating of 0.15
Headlines about QTS Realty Trust (NYSE:QTS) have been trending somewhat positive on Saturday, according to Accern Sentiment. The research group identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. QTS Realty Trust earned a media sentiment score of 0.15 on Accern’s scale. Accern also gave headlines about the real estate investment trust an impact score of 45.5417745592052 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next several days.
Here are some of the headlines that may have impacted Accern’s analysis:
- Insider Selling: QTS Realty Trust, Inc. (QTS) COO Sells 4,050 Shares of Stock (americanbankingnews.com)
- QTS Realty Trust, Inc. (QTS) Insider Sells $670,167.68 in Stock (americanbankingnews.com)
- QTS Realty Trust : ’ Data Center Director Named One of North Texas’ Most Influential Business Leaders (4-traders.com)
- QTS’ Data Center Director Named One of North Texas’ Most Influential Business Leaders (finance.yahoo.com)
- Research Analysts Set Expectations for QTS Realty Trust, Inc.’s FY2017 Earnings (QTS) (americanbankingnews.com)
Several equities research analysts have recently commented on QTS shares. TheStreet raised QTS Realty Trust from a “c” rating to a “b-” rating in a report on Tuesday, October 24th. Morgan Stanley reaffirmed an “equal weight” rating and set a $58.00 target price (up from $53.00) on shares of QTS Realty Trust in a report on Friday, August 25th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $60.00 target price on shares of QTS Realty Trust in a report on Wednesday, September 6th. Credit Suisse Group set a $55.00 target price on QTS Realty Trust and gave the company a “hold” rating in a report on Thursday, October 26th. Finally, Zacks Investment Research raised QTS Realty Trust from a “sell” rating to a “hold” rating in a report on Friday, July 28th. Six investment analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. QTS Realty Trust currently has a consensus rating of “Buy” and an average target price of $58.57.
Shares of QTS Realty Trust (QTS) traded up $0.65 during trading on Friday, reaching $58.93. The company had a trading volume of 100,640 shares, compared to its average volume of 551,163. The stock has a market cap of $2,970.00, a P/E ratio of 22.32, a P/E/G ratio of 1.12 and a beta of 0.48. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.84 and a current ratio of 0.84. QTS Realty Trust has a 1 year low of $44.58 and a 1 year high of $61.55.
QTS Realty Trust (NYSE:QTS) last announced its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.11 by $0.59. The firm had revenue of $113.77 million during the quarter, compared to the consensus estimate of $113.64 million. QTS Realty Trust had a return on equity of 2.10% and a net margin of 4.67%. The business’s revenue for the quarter was up 10.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.67 EPS. research analysts forecast that QTS Realty Trust will post 2.71 earnings per share for the current year.
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, December 5th will be paid a $0.39 dividend. This represents a $1.56 annualized dividend and a yield of 2.65%. The ex-dividend date of this dividend is Monday, December 4th. QTS Realty Trust’s dividend payout ratio is currently 433.33%.
In related news, COO James H. Reinhart sold 3,545 shares of the stock in a transaction dated Tuesday, September 12th. The stock was sold at an average price of $55.22, for a total value of $195,754.90. Following the completion of the sale, the chief operating officer now directly owns 74,837 shares of the company’s stock, valued at approximately $4,132,499.14. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Jon D. Greaves sold 2,500 shares of the stock in a transaction dated Thursday, August 31st. The stock was sold at an average price of $54.39, for a total value of $135,975.00. Following the completion of the sale, the insider now directly owns 24,717 shares of the company’s stock, valued at $1,344,357.63. The disclosure for this sale can be found here. Over the last three months, insiders sold 30,746 shares of company stock valued at $1,763,913. Company insiders own 17.30% of the company’s stock.
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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.
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