QTS Realty Trust Inc (QTS) : Eagle Boston Investment Management Inc scooped up 7,221 additional shares in QTS Realty Trust Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 19, 2016. The investment management firm now holds a total of 269,199 shares of QTS Realty Trust Inc which is valued at $15,021,304.QTS Realty Trust Inc makes up approximately 1.96% of Eagle Boston Investment Management Inc’s portfolio.
Other Hedge Funds, Including , Eagle Asset Management Inc reduced its stake in QTS by selling 8,328 shares or 3.25% in the most recent quarter. The Hedge Fund company now holds 248,009 shares of QTS which is valued at $13,838,902. QTS Realty Trust Inc makes up approx 0.09% of Eagle Asset Management Inc’s portfolio. Barrett Asset Management sold out all of its stake in QTS during the most recent quarter. The investment firm sold 65 shares of QTS which is valued $3,627. Vigilant Capital Management added QTS to its portfolio by purchasing 105 company shares during the most recent quarter which is valued at $5,859. James Investment Research Inc added QTS to its portfolio by purchasing 26 company shares during the most recent quarter which is valued at $1,436.
QTS Realty Trust Inc closed down -0.2 points or -0.36% at $55.8 with 4,95,036 shares getting traded on Wednesday. Post opening the session at $56, the shares hit an intraday low of $55.5725 and an intraday high of $56.07 and the price fluctuated in this range throughout the day.Shares ended Wednesday session in Red.
On the company’s financial health, QTS Realty Trust Inc reported $0.68 EPS for the quarter, beating the analyst consensus estimate by $ 0.05 according to the earnings call on Apr 25, 2016. Analyst had a consensus of $0.63. The company had revenue of $94.80 million for the quarter, compared to analysts expectations of $94.45 million. The company’s revenue was up 54.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.50 EPS.
Many Wall Street Analysts have commented on QTS Realty Trust Inc. QTS Realty Trust Inc was Initiated by Goldman to “Neutral” on Jul 5, 2016. Canaccord Genuity Initiated QTS Realty Trust Inc on Jun 7, 2016 to “Buy”, Price Target of the shares are set at $63.QTS Realty Trust Inc was Initiated by Wells Fargo to “Outperform” on Jun 1, 2016.
QTS Realty Trust Inc. (QTS) is an owner developer and operator of carrier-neutral and multi-tenant data centers. The Company’s data centers are facilities that house the network and computer equipment of multiple customers and provide access to a range of communications carriers. The Company has an integrated platform through which it owns and operates its data centers and provides a range of IT infrastructure solutions. Its spectrum of core data center products referred to as 3Cs which consists of Custom Data Center Colocation and Cloud and Managed Services. The Company operates a portfolio of over 12 data centers across approximately eight states. The Company’s data centers facilities used by its customers to house power and cool the networking equipment and computer systems that support their business processes. QTS’s customers include financial institutions healthcare companies Government agencies communications service providers software companies and Internet companies.