PGGM Investments increased its holdings in shares of QTS Realty Trust Inc (NYSE:QTS) by 142.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,020,000 shares of the real estate investment trust’s stock after acquiring an additional 600,000 shares during the quarter. PGGM Investments’ holdings in QTS Realty Trust were worth $55,243,000 as of its most recent SEC filing.

A number of other institutional 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 $115,000. Harbor Advisors LLC bought a new stake in QTS Realty Trust during the second quarter worth $209,000. PNC Financial Services Group Inc. increased its position in QTS Realty Trust by 4,127.7% in the second quarter. PNC Financial Services Group Inc. now owns 3,974 shares of the real estate investment trust’s stock worth $209,000 after buying an additional 3,880 shares during the last quarter. ETRADE Capital Management LLC purchased a new stake in QTS Realty Trust in the third quarter worth $220,000. Finally, Quantbot Technologies LP increased its position in QTS Realty Trust by 752.5% in the third quarter. Quantbot Technologies LP now owns 4,348 shares of the real estate investment trust’s stock worth $227,000 after buying an additional 3,838 shares during the last quarter.

A number of analysts have issued reports 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 decreased 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. JPMorgan Chase & Co. raised 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 raised 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 raised 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. Two investment analysts have rated the stock with a sell rating, four have issued a hold rating and eight have given a buy rating to the company. The stock has an average rating of “Hold” and an average target price of $58.08.

In other news, COO James H. Reinhart sold 4,050 shares of QTS Realty Trust stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $58.42, for a total value of $236,601.00. Following the completion of the transaction, the chief operating officer now directly owns 65,595 shares in the company, valued at $3,832,059.90. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Daniel T. Bennewitz sold 9,144 shares of QTS Realty Trust stock in a transaction on Thursday, November 16th. The shares were sold at an average price of $57.46, for a total value of $525,414.24. Following the completion of the transaction, the insider now owns 58,624 shares of the company’s stock, valued at $3,368,535.04. The disclosure for this sale can be found here. Over the last quarter, insiders sold 37,201 shares of company stock valued at $2,112,933. 17.30% of the stock is owned by company insiders.

QTS Realty Trust Inc (NYSE:QTS) opened at $49.70 on Tuesday. The firm has a market capitalization of $2,526.58, a price-to-earnings ratio of 19.25, a PEG ratio of 0.90 and a beta of 0.44. QTS Realty Trust Inc has a 52-week low of $46.32 and a 52-week 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 business also recently declared a quarterly dividend, which was paid on Friday, January 5th. Stockholders of record on Tuesday, December 5th were given a $0.39 dividend. This represents a $1.56 annualized dividend and a dividend yield of 3.14%. The ex-dividend date of this dividend was Monday, December 4th. QTS Realty Trust’s dividend payout ratio (DPR) is presently 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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Institutional Ownership by Quarter for QTS Realty Trust (NYSE:QTS)

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