Ameritas Investment Partners Inc. continued to hold its position in QTS Realty Trust, Inc. (NYSE:QTS) during the first quarter, Holdings Channel reports. The institutional investor owned 4,044 shares of the real estate investment trust’s stock at the end of the first quarter. Ameritas Investment Partners Inc.’s holdings in QTS Realty Trust were worth $197,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in QTS. GSA Capital Partners LLP increased its position in QTS Realty Trust by 26.7% in the fourth quarter. GSA Capital Partners LLP now owns 6,813 shares of the real estate investment trust’s stock worth $338,000 after buying an additional 1,434 shares during the last quarter. Peregrine Capital Management LLC increased its position in QTS Realty Trust by 7.4% in the first quarter. Peregrine Capital Management LLC now owns 630,000 shares of the real estate investment trust’s stock worth $30,259,000 after buying an additional 43,464 shares during the last quarter. Alyeska Investment Group L.P. bought a new position in QTS Realty Trust during the fourth quarter worth about $2,916,000. State Street Corp increased its position in QTS Realty Trust by 8.8% in the fourth quarter. State Street Corp now owns 939,338 shares of the real estate investment trust’s stock worth $46,639,000 after buying an additional 75,939 shares during the last quarter. Finally, Credit Agricole S A increased its position in QTS Realty Trust by 36.2% in the fourth quarter. Credit Agricole S A now owns 34,321 shares of the real estate investment trust’s stock worth $1,704,000 after buying an additional 9,128 shares during the last quarter.

Institutional Ownership by Quarter for QTS Realty Trust (NYSE:QTS)

Shares of QTS Realty Trust, Inc. (NYSE:QTS) opened at 52.10 on Friday. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 123.75 and a beta of 0.47. QTS Realty Trust, Inc. has a 52 week low of $43.01 and a 52 week high of $59.41. The firm’s 50-day moving average is $51.67 and its 200-day moving average is $50.33.

QTS Realty Trust (NYSE:QTS) last issued its quarterly earnings results on Monday, May 1st. The real estate investment trust reported $0.64 earnings per share for the quarter, beating the consensus estimate of $0.61 by $0.03. QTS Realty Trust had a return on equity of 2.14% and a net margin of 4.96%. The firm had revenue of $106 million during the quarter, compared to the consensus estimate of $105.36 million. During the same period last year, the company earned $0.68 earnings per share. The company’s revenue was up 11.8% on a year-over-year basis. Equities research analysts predict that QTS Realty Trust, Inc. will post $0.45 earnings per share for the current year.

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 6th. Stockholders of record on Friday, June 16th will be issued a dividend of $0.39 per share. The ex-dividend date is Wednesday, June 14th. This represents a $1.56 annualized dividend and a dividend yield of 2.99%. QTS Realty Trust’s payout ratio is presently 371.44%.

WARNING: “Ameritas Investment Partners Inc. Has $197,000 Stake in QTS Realty Trust, Inc. (QTS)” was originally published by Financial Market News and is the property of of Financial Market News. If you are reading this story on another domain, it was copied illegally and republished in violation of US & international trademark & copyright laws. The legal version of this story can be read at https://www.financial-market-news.com/2017/06/17/ameritas-investment-partners-inc-has-197000-stake-in-qts-realty-trust-inc-qts.html.

A number of research analysts recently issued reports on QTS shares. Jefferies Group LLC boosted their target price on shares of QTS Realty Trust from $57.00 to $62.00 and gave the company a “buy” rating in a research report on Thursday, February 23rd. Stifel Nicolaus boosted their target price on shares of QTS Realty Trust from $55.00 to $58.00 and gave the company a “buy” rating in a research report on Thursday, February 23rd. Zacks Investment Research upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a research report on Wednesday, May 3rd. Deutsche Bank AG boosted their target price on shares of QTS Realty Trust from $49.00 to $51.00 and gave the company a “hold” rating in a research report on Tuesday, April 18th. Finally, Macquarie reiterated a “buy” rating and set a $55.00 target price on shares of QTS Realty Trust in a research report on Thursday, April 6th. Four equities research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $57.42.

In other news, Director Stephen E. Westhead sold 1,600 shares of the firm’s stock in a transaction on Thursday, May 4th. The stock was sold at an average price of $49.74, for a total transaction of $79,584.00. Following the completion of the transaction, the director now directly owns 3,641 shares in the company, valued at $181,103.34. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Stephen E. Westhead sold 1,217 shares of the firm’s stock in a transaction on Wednesday, May 17th. The shares were sold at an average price of $50.25, for a total value of $61,154.25. Following the transaction, the director now owns 1,924 shares of the company’s stock, valued at $96,681. The disclosure for this sale can be found here. Insiders have sold 24,317 shares of company stock valued at $1,272,373 over the last 90 days. Corporate 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.

Want to see what other hedge funds are holding QTS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for QTS Realty Trust, Inc. (NYSE:QTS).

Receive News & Ratings for QTS Realty Trust Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for QTS Realty Trust Inc. and related companies with MarketBeat.com's FREE daily email newsletter.