Timbercreek Investment Management Inc. Increases Holdings in QTS Realty Trust Inc (QTS)

Timbercreek Investment Management Inc. raised its stake in QTS Realty Trust Inc (NYSE:QTS) by 856.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 344,515 shares of the real estate investment trust’s stock after buying an additional 308,500 shares during the quarter. QTS Realty Trust comprises approximately 3.7% of Timbercreek Investment Management Inc.’s investment portfolio, making the stock its 11th biggest holding. Timbercreek Investment Management Inc. owned 0.68% of QTS Realty Trust worth $12,764,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. State of Alaska Department of Revenue lifted its stake in QTS Realty Trust by 1.9% in the fourth quarter. State of Alaska Department of Revenue now owns 16,627 shares of the real estate investment trust’s stock valued at $615,000 after buying an additional 318 shares in the last quarter. Xact Kapitalforvaltning AB raised its holdings in shares of QTS Realty Trust by 16.2% in the third quarter. Xact Kapitalforvaltning AB now owns 9,323 shares of the real estate investment trust’s stock valued at $398,000 after purchasing an additional 1,300 shares during the last quarter. Bank of Montreal Can raised its holdings in shares of QTS Realty Trust by 4.9% in the third quarter. Bank of Montreal Can now owns 28,839 shares of the real estate investment trust’s stock valued at $1,230,000 after purchasing an additional 1,335 shares during the last quarter. Fisher Asset Management LLC raised its holdings in shares of QTS Realty Trust by 4.8% in the third quarter. Fisher Asset Management LLC now owns 30,957 shares of the real estate investment trust’s stock valued at $1,321,000 after purchasing an additional 1,421 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of QTS Realty Trust by 0.9% in the second quarter. Legal & General Group Plc now owns 162,768 shares of the real estate investment trust’s stock valued at $6,429,000 after purchasing an additional 1,487 shares during the last quarter.

QTS traded up $0.64 during trading on Friday, reaching $39.13. 5,243 shares of the stock were exchanged, compared to its average volume of 401,269. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.80 and a beta of 0.77. QTS Realty Trust Inc has a twelve month low of $31.58 and a twelve month high of $53.23. The company has a current ratio of 0.54, a quick ratio of 0.54 and a debt-to-equity ratio of 1.28.



QTS Realty Trust (NYSE:QTS) last issued its earnings results on Monday, October 29th. The real estate investment trust reported ($0.25) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.50 by ($0.75). The firm had revenue of $112.20 million for the quarter, compared to analyst estimates of $105.28 million. QTS Realty Trust had a positive return on equity of 0.40% and a negative net margin of 5.49%. QTS Realty Trust’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.70 earnings per share. As a group, research analysts forecast that QTS Realty Trust Inc will post 2.19 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, January 8th. Shareholders of record on Friday, December 21st were given a dividend of $0.41 per share. The ex-dividend date was Thursday, December 20th. This represents a $1.64 dividend on an annualized basis and a yield of 4.19%. QTS Realty Trust’s dividend payout ratio (DPR) is 59.42%.

In related news, CEO Chad L. Williams acquired 17,500 shares of QTS Realty Trust stock in a transaction on Friday, November 2nd. The stock was purchased at an average cost of $39.17 per share, with a total value of $685,475.00. Following the completion of the transaction, the chief executive officer now directly owns 356,028 shares in the company, valued at approximately $13,945,616.76. The purchase was disclosed in a document filed with the SEC, which is available through this link. Insiders own 16.10% of the company’s stock.

QTS has been the topic of a number of recent research reports. Berenberg Bank upgraded shares of QTS Realty Trust from a “hold” rating to a “buy” rating and set a $52.00 price objective on the stock in a report on Tuesday, October 23rd. Zacks Investment Research upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a report on Wednesday, September 19th. BMO Capital Markets lowered their price objective on shares of QTS Realty Trust from $51.00 to $48.00 and set an “outperform” rating on the stock in a report on Wednesday, October 31st. ValuEngine downgraded shares of QTS Realty Trust from a “hold” rating to a “sell” rating in a report on Monday, October 29th. Finally, Guggenheim upgraded shares of QTS Realty Trust from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $45.00 to $46.00 in a report on Wednesday, October 31st. One research analyst has rated the stock with a sell rating, five have given a hold rating and ten have given a buy rating to the company. The company currently has a consensus rating of “Buy” and a consensus price target of $46.42.

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QTS Realty Trust Company Profile

QTS Realty Trust, Inc (NYSE: QTS) is a leading provider of secure, compliant data center solutions, hybrid cloud and fully managed services. QTS' integrated technology service platform of hyperscale and hybrid colocation provides flexible, scalable, secure IT solutions for web and IT applications.

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

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