Dimensional Fund Advisors LP Buys 26,431 Shares of QTS Realty Trust, Inc. (QTS)

Dimensional Fund Advisors LP grew its stake in shares of QTS Realty Trust, Inc. (NYSE:QTS) by 4.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 664,243 shares of the real estate investment trust’s stock after buying an additional 26,431 shares during the quarter. Dimensional Fund Advisors LP owned 1.36% of QTS Realty Trust worth $34,760,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Prudential Financial Inc. grew its stake in shares of QTS Realty Trust by 15,615.8% during the second quarter. Prudential Financial Inc. now owns 666,350 shares of the real estate investment trust’s stock valued at $34,870,000 after buying an additional 662,110 shares during the last quarter. Scout Investments Inc. grew its stake in shares of QTS Realty Trust by 14.3% during the second quarter. Scout Investments Inc. now owns 39,650 shares of the real estate investment trust’s stock valued at $2,075,000 after buying an additional 4,950 shares during the last quarter. IndexIQ Advisors LLC grew its stake in shares of QTS Realty Trust by 15.0% during the second quarter. IndexIQ Advisors LLC now owns 49,443 shares of the real estate investment trust’s stock valued at $2,587,000 after buying an additional 6,438 shares during the last quarter. BlackRock Inc. grew its stake in shares of QTS Realty Trust by 3.6% during the second quarter. BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust’s stock valued at $219,723,000 after buying an additional 145,235 shares during the last quarter. Finally, California Public Employees Retirement System grew its stake in shares of QTS Realty Trust by 110.3% during the first quarter. California Public Employees Retirement System now owns 12,200 shares of the real estate investment trust’s stock valued at $595,000 after buying an additional 6,400 shares during the last quarter.

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QTS has been the topic of a number of recent research reports. TheStreet raised QTS Realty Trust from a “c” rating to a “b-” rating in a research note on Tuesday, October 24th. Royal Bank Of Canada reaffirmed a “buy” rating and set a $60.00 price objective on shares of QTS Realty Trust in a research note on Friday, July 28th. Zacks Investment Research raised QTS Realty Trust from a “hold” rating to a “buy” rating and set a $60.00 price objective on the stock in a research note on Tuesday, October 17th. SunTrust Banks, Inc. raised their price objective on QTS Realty Trust from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday. Finally, Morgan Stanley reaffirmed an “equal weight” rating and set a $58.00 price objective (up from $53.00) on shares of QTS Realty Trust in a research note on Friday, August 25th. Six analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus target price of $57.54.

Shares of QTS Realty Trust, Inc. (NYSE:QTS) opened at 56.29 on Monday. The company has a 50 day moving average price of $53.72 and a 200 day moving average price of $52.88. The company has a market capitalization of $2.75 billion, a PE ratio of 143.60 and a beta of 0.45. QTS Realty Trust, Inc. has a 1-year low of $43.01 and a 1-year high of $58.79.

QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings results on Tuesday, October 24th. The real estate investment trust reported $0.70 EPS for the quarter, beating the consensus estimate of $0.11 by $0.59. The company had revenue of $113.77 million for the quarter, compared to the consensus estimate of $113.64 million. QTS Realty Trust had a net margin of 4.67% and a return on equity of 2.13%. The firm’s revenue was up 10.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.67 EPS. Equities analysts predict that QTS Realty Trust, Inc. will post $0.45 EPS for the current fiscal year.

The company also recently declared a quarterly dividend, which was paid on Thursday, October 5th. Investors of record on Friday, September 22nd were issued a dividend of $0.39 per share. The ex-dividend date of this dividend was Thursday, September 21st. This represents a $1.56 annualized dividend and a yield of 2.77%. QTS Realty Trust’s payout ratio is 380.50%.

In related news, insider Jon D. Greaves sold 2,500 shares of the company’s stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $54.39, for a total transaction of $135,975.00. Following the transaction, the insider now directly owns 24,717 shares in the company, valued at approximately $1,344,357.63. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Chad L. Williams sold 682,576 shares of the company’s stock in a transaction dated Monday, August 14th. The shares were sold at an average price of $54.25, for a total transaction of $37,029,748.00. Following the transaction, the chief executive officer now owns 236,526 shares in the company, 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 worth $39,756,070 over the last quarter. 17.30% of the stock is currently owned by insiders.

QTS Realty Trust 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.

Institutional Ownership by Quarter for QTS Realty Trust (NYSE:QTS)

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