QTS Realty Trust (QTS) Earns Media Sentiment Score of 0.13
Headlines about QTS Realty Trust (NYSE:QTS) have been trending somewhat positive recently, Accern reports. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. QTS Realty Trust earned a news impact score of 0.13 on Accern’s scale. Accern also assigned news articles about the real estate investment trust an impact score of 45.5279152342904 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have weighed in on QTS shares. Credit Suisse Group set a $55.00 target price on QTS Realty Trust and gave the stock a “hold” rating in a research report on Tuesday, November 14th. Jefferies Group cut their target price on QTS Realty Trust from $71.00 to $65.00 and set a “buy” rating for the company in a research report on Monday, November 20th. J P Morgan Chase & Co upped their target price on QTS Realty Trust from $59.00 to $60.00 and gave the stock a “neutral” rating in a research report on Monday, October 30th. Zacks Investment Research upgraded QTS Realty Trust from a “hold” rating to a “buy” rating and set a $60.00 target price for the company in a research report on Tuesday, October 17th. Finally, SunTrust Banks upped their target price on QTS Realty Trust from $62.00 to $64.00 and gave the stock a “buy” rating in a research report on Thursday, October 26th. Six research analysts have rated the stock with a hold rating and eight have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and a consensus price target of $59.00.
Shares of QTS Realty Trust (NYSE:QTS) traded up $0.05 during trading hours on Friday, hitting $55.71. The stock had a trading volume of 2,530,000 shares, compared to its average volume of 586,861. QTS Realty Trust has a one year low of $46.32 and a one year high of $61.55. The firm has a market cap of $2,810.00, a P/E ratio of 21.34, a PEG ratio of 1.07 and a beta of 0.44. 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, January 5th. Stockholders of record on Tuesday, December 5th will be given a dividend of $0.39 per share. The ex-dividend date is Monday, December 4th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 2.80%. QTS Realty Trust’s dividend payout ratio (DPR) is presently 433.33%.
In other news, COO James H. Reinhart sold 4,050 shares of the stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $58.42, for a total transaction of $236,601.00. Following the completion of the sale, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP William H. Schafer sold 12,500 shares of the stock in a transaction on Monday, December 4th. The shares were sold at an average price of $54.46, for a total value of $680,750.00. The disclosure for this sale can be found here. Insiders have sold a total of 37,201 shares of company stock valued at $2,112,933 in the last quarter. Insiders own 17.30% of the company’s stock.
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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