QTS Realty Trust (QTS) Earning Somewhat Favorable News Coverage, Accern Reports

Media headlines about QTS Realty Trust (NYSE:QTS) have trended somewhat positive this week, Accern reports. Accern identifies negative and positive news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. QTS Realty Trust earned a news impact score of 0.15 on Accern’s scale. Accern also assigned headlines about the real estate investment trust an impact score of 45.9122961242934 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

These are some of the headlines that may have impacted Accern Sentiment Analysis’s scoring:

QTS Realty Trust (QTS) traded down $1.95 during trading on Monday, hitting $53.26. 540,954 shares of the stock traded hands, compared to its average volume of 446,098. The stock has a market capitalization of $2,796.69, a P/E ratio of 21.30, a P/E/G ratio of 1.07 and a beta of 0.44. 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 $46.06 and a 1-year high of $61.55.

QTS Realty Trust (NYSE:QTS) last released its earnings results on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.59. The business 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 2.10%. The firm’s quarterly revenue was up 10.0% compared to the same quarter last year. During the same period last year, the firm posted $0.67 earnings per share. research analysts predict that QTS Realty Trust will post 2.71 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, December 5th will be given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 2.93%. The ex-dividend date is Monday, December 4th. QTS Realty Trust’s dividend payout ratio (DPR) is currently 380.50%.

Several equities analysts have recently issued reports on QTS shares. BidaskClub cut shares of QTS Realty Trust from a “hold” rating to a “sell” rating in a research note on Thursday, August 10th. Deutsche Bank reaffirmed a “hold” rating and issued a $52.00 price objective (down previously from $53.00) on shares of QTS Realty Trust in a research note on Friday, August 11th. Morgan Stanley reaffirmed an “equal weight” rating and issued a $58.00 price objective (up previously from $53.00) on shares of QTS Realty Trust in a research note on Friday, August 25th. Royal Bank Of Canada reaffirmed a “buy” rating and issued a $60.00 price objective on shares of QTS Realty Trust in a research note on Wednesday, September 6th. Finally, Zacks Investment Research raised shares of 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. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus target price of $59.00.

In other news, COO James H. Reinhart sold 4,050 shares of QTS Realty Trust stock in a transaction that occurred on Wednesday, November 22nd. The shares were sold at an average price of $58.42, for a total value of $236,601.00. Following the transaction, the chief operating officer now directly owns 65,595 shares of the company’s stock, valued at $3,832,059.90. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO James H. Reinhart sold 3,545 shares of QTS Realty Trust stock in a transaction that occurred on Tuesday, September 12th. The stock was sold at an average price of $55.22, for a total transaction of $195,754.90. Following the completion of the transaction, the chief operating officer now directly owns 74,837 shares in the company, valued at $4,132,499.14. The disclosure for this sale can be found here. Over the last three months, insiders sold 28,246 shares of company stock worth $1,627,938. 17.30% of the stock is currently owned by insiders.

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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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