Schwab Charles Investment Management Inc. raised its holdings in shares of QTS Realty Trust Inc (NYSE:QTS) by 11.3% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 222,922 shares of the real estate investment trust’s stock after buying an additional 22,577 shares during the period. Schwab Charles Investment Management Inc. owned about 0.44% of QTS Realty Trust worth $11,673,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of QTS. Picton Mahoney Asset Management bought a new stake in QTS Realty Trust during the third quarter worth approximately $115,000. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in QTS Realty Trust by 15.4% during the second quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,399 shares of the real estate investment trust’s stock worth $178,000 after buying an additional 453 shares in the last quarter. Teacher Retirement System of Texas bought a new stake in QTS Realty Trust during the second quarter worth approximately $200,000. Harbor Advisors LLC bought a new stake in QTS Realty Trust during the second quarter worth approximately $209,000. Finally, PNC Financial Services Group Inc. lifted its position in shares of 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 acquiring an additional 3,880 shares in the last quarter.

In other news, COO James H. Reinhart sold 4,050 shares of the 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 sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP William H. Schafer sold 12,500 shares of the stock in a transaction on Monday, December 4th. The stock was sold at an average price of $54.46, for a total transaction of $680,750.00. The disclosure for this sale can be found here. In the last quarter, insiders sold 37,201 shares of company stock valued at $2,112,933. Insiders own 17.30% of the company’s stock.

Several equities research analysts recently commented on the stock. Royal Bank of Canada restated a “buy” rating and issued a $60.00 price target on shares of QTS Realty Trust in a research report on Wednesday, September 6th. JPMorgan Chase & Co. upped their price target on shares of QTS Realty Trust from $59.00 to $60.00 and gave the company a “neutral” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded shares of QTS Realty Trust from a “hold” rating to a “buy” rating and set a $60.00 price target for the company in a research report on Tuesday, October 17th. Wells Fargo & Co upped their price target on shares of QTS Realty Trust from $62.50 to $63.00 and gave the company an “outperform” rating in a research report on Wednesday, November 15th. Finally, TheStreet upgraded shares of QTS Realty Trust from a “c” rating to a “b-” rating in a research report on Tuesday, October 24th. Six equities research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock presently has an average rating of “Buy” and a consensus target price of $59.00.

Shares of QTS Realty Trust Inc (QTS) opened at $54.11 on Thursday. QTS Realty Trust Inc has a 12-month low of $46.32 and a 12-month high of $61.55. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.84 and a quick ratio of 0.84. The stock has a market cap of $2,720.00, a P/E ratio of 150.31, a price-to-earnings-growth ratio of 1.03 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, topping analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $113.64 million. During the same quarter in the prior year, the firm earned $0.67 EPS. The company’s revenue was up 10.0% compared to the same quarter last year. equities analysts expect that QTS Realty Trust Inc will post 2.71 earnings per share for the current year.

The business also recently announced a quarterly dividend, which will be paid on Friday, January 5th. Shareholders of record on Tuesday, December 5th will be given a $0.39 dividend. The ex-dividend date of this dividend is Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a yield of 2.88%. QTS Realty Trust’s payout ratio is 433.33%.

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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.

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

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