Stifel Financial Corp Boosts Holdings in QTS Realty Trust Inc (QTS)

Stifel Financial Corp boosted its holdings in shares of QTS Realty Trust Inc (NYSE:QTS) by 36.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,242 shares of the real estate investment trust’s stock after acquiring an additional 4,057 shares during the quarter. Stifel Financial Corp’s holdings in QTS Realty Trust were worth $792,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in shares of QTS Realty Trust by 0.4% in the 2nd quarter. Vanguard Group Inc. now owns 7,041,576 shares of the real estate investment trust’s stock valued at $368,486,000 after purchasing an additional 30,800 shares during the last quarter. BlackRock Inc. boosted its stake in shares of QTS Realty Trust by 3.6% in the 2nd quarter. BlackRock Inc. now owns 4,198,833 shares of the real estate investment trust’s stock valued at $219,723,000 after purchasing an additional 145,235 shares during the last quarter. Brookfield Asset Management Inc. boosted its stake in shares of QTS Realty Trust by 7.8% in the 2nd quarter. Brookfield Asset Management Inc. now owns 1,672,745 shares of the real estate investment trust’s stock valued at $87,535,000 after purchasing an additional 120,695 shares during the last quarter. Jennison Associates LLC boosted its stake in shares of QTS Realty Trust by 39.7% in the 3rd quarter. Jennison Associates LLC now owns 1,223,816 shares of the real estate investment trust’s stock valued at $64,079,000 after purchasing an additional 347,554 shares during the last quarter. Finally, Voya Investment Management LLC boosted its stake in shares of QTS Realty Trust by 7.1% in the 2nd quarter. Voya Investment Management LLC now owns 1,206,826 shares of the real estate investment trust’s stock valued at $63,153,000 after purchasing an additional 79,518 shares during the last quarter.

QTS Realty Trust Inc (QTS) opened at $54.72 on Friday. 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 Inc has a 1 year low of $46.32 and a 1 year high of $61.55. The stock has a market cap of $2,721.74, a price-to-earnings ratio of 133.47, a P/E/G ratio of 1.04 and a beta of 0.44.

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 (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.11 by $0.59. QTS Realty Trust had a net margin of 4.67% and a return on equity of 2.10%. The company had revenue of $113.77 million for the quarter, compared to the consensus estimate of $113.64 million. During the same quarter in the previous year, the company earned $0.67 EPS. QTS Realty Trust’s quarterly revenue was up 10.0% compared to the same quarter last year. research analysts expect that QTS Realty Trust Inc will post 2.71 earnings per share for the current fiscal year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Investors of record on Tuesday, December 5th will be given a dividend of $0.39 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.85%. QTS Realty Trust’s payout ratio is presently 380.50%.

In related news, EVP William H. Schafer sold 12,500 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $54.46, for a total transaction of $680,750.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, COO James H. Reinhart sold 4,050 shares of the business’s stock in a transaction on Wednesday, November 22nd. The shares were sold at an average price of $58.42, for a total transaction of $236,601.00. Following the transaction, the chief operating officer now owns 65,595 shares in the company, valued at approximately $3,832,059.90. The disclosure for this sale can be found here. Insiders have sold a total of 37,201 shares of company stock worth $2,112,933 in the last quarter. 17.30% of the stock is owned by corporate insiders.

QTS has been the topic of a number of analyst reports. Credit Suisse Group set a $55.00 price objective on shares of QTS Realty Trust and gave the company a “hold” rating in a research note on Tuesday, November 14th. Jefferies Group reduced their price objective on shares of QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating on the stock in a research note on Monday, November 20th. JPMorgan Chase & Co. upped their price objective on shares of QTS Realty Trust from $59.00 to $60.00 and gave the company a “neutral” rating in a research note on Monday, October 30th. 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. Finally, SunTrust Banks upped their price objective on shares of QTS Realty Trust from $62.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, October 26th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. QTS Realty Trust currently has an average rating of “Buy” and an average price target of $59.00.

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

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