QTS Realty Trust Inc (QTS) : Land Buildings Investment Management scooped up 32,535 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 Aug 15, 2016. The investment management firm now holds a total of 275,030 shares of QTS Realty Trust Inc which is valued at $14,953,381.QTS Realty Trust Inc makes up approximately 6.62% of Land Buildings Investment Management’s portfolio.
Other Hedge Funds, Including , Phocas Financial Corp. boosted its stake in QTS in the latest quarter, The investment management firm added 6,066 additional shares and now holds a total of 109,282 shares of QTS Realty Trust Inc which is valued at $5,941,662. QTS Realty Trust Inc makes up approx 0.41% of Phocas Financial Corp.’s portfolio.Raymond James Financial Services Advisors boosted its stake in QTS in the latest quarter, The investment management firm added 1,723 additional shares and now holds a total of 15,677 shares of QTS Realty Trust Inc which is valued at $852,358. QTS Realty Trust Inc makes up approx 0.01% of Raymond James Financial Services Advisors’s portfolio. Glenmede Trust Co Na added QTS to its portfolio by purchasing 76 company shares during the most recent quarter which is valued at $4,088.
QTS Realty Trust Inc opened for trading at $54.11 and hit $54.44 on the upside on Thursday, eventually ending the session at $54.28, with a gain of 0.17% or 0.09 points. The heightened volatility saw the trading volume jump to 2,71,744 shares. Company has a market cap of $2,597 M.
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.
Investors should note that on Aug 3, 2016, QTS Realty Trust Inc announced a cash dividend of $0.3600. The company’s management has announced Sep 16, 2016 as the ex-dividend date and fixed the record date on Sep 20, 2016. The payable date has been fixed on Oct 5, 2016.
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.