Rhumbline Advisers Has $3.24 Million Holdings in QTS Realty Trust, Inc. (QTS)
Rhumbline Advisers grew its position in QTS Realty Trust, Inc. (NYSE:QTS) by 3.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 61,900 shares of the real estate investment trust’s stock after purchasing an additional 2,250 shares during the quarter. Rhumbline Advisers owned about 0.12% of QTS Realty Trust worth $3,241,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Sei Investments Co. grew its holdings in QTS Realty Trust by 9.5% in the third quarter. Sei Investments Co. now owns 77,188 shares of the real estate investment trust’s stock worth $4,042,000 after purchasing an additional 6,709 shares during the last quarter. FDx Advisors Inc. purchased a new position in QTS Realty Trust in the third quarter worth $354,000. Jennison Associates LLC lifted its stake in shares of QTS Realty Trust by 39.7% during the third quarter. Jennison Associates LLC now owns 1,223,816 shares of the real estate investment trust’s stock worth $64,079,000 after buying an additional 347,554 shares during the period. Prudential Financial Inc. lifted its stake in shares of QTS Realty Trust by 8.0% during the third quarter. Prudential Financial Inc. now owns 719,528 shares of the real estate investment trust’s stock worth $37,675,000 after buying an additional 53,178 shares during the period. Finally, IndexIQ Advisors LLC lifted its stake in shares of QTS Realty Trust by 3.4% during the third quarter. IndexIQ Advisors LLC now owns 51,147 shares of the real estate investment trust’s stock worth $2,678,000 after buying an additional 1,704 shares during the period.
In other news, insider Shirley E. Goza sold 11,507 shares of the business’s stock in a transaction dated Tuesday, November 21st. The shares were sold at an average price of $58.24, for a total transaction of $670,167.68. Following the completion of the sale, the insider now owns 16,770 shares of the company’s stock, valued at $976,684.80. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP William H. Schafer sold 12,500 shares of the business’s stock in a transaction dated 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. Insiders have sold 40,746 shares of company stock valued at $2,308,688 in the last three months. Corporate insiders own 17.30% of the company’s stock.
QTS Realty Trust, Inc. (NYSE:QTS) traded up $0.28 on Friday, reaching $54.63. 266,232 shares of the company’s stock were exchanged, compared to its average volume of 544,416. QTS Realty Trust, Inc. has a one year low of $46.32 and a one year high of $61.55. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 1.09. The stock has a market capitalization of $2,733.81, a PE ratio of 20.82, a price-to-earnings-growth ratio of 1.05 and a beta of 0.44.
QTS Realty Trust (NYSE:QTS) last released its quarterly earnings data on Tuesday, October 24th. The real estate investment trust reported $0.70 earnings per share for the quarter, beating analysts’ consensus estimates of $0.11 by $0.59. The company had revenue of $113.77 million during the quarter, compared to analysts’ expectations 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 revenue for the quarter was up 10.0% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.67 earnings per share. analysts predict 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. Stockholders of record on Tuesday, December 5th will be paid 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 2.86%. QTS Realty Trust’s dividend payout ratio is currently 380.50%.
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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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