QTS Realty Trust (QTS) to Release Quarterly Earnings on Tuesday

QTS Realty Trust (NYSE:QTS) will be issuing its quarterly earnings data after the market closes on Tuesday, February 18th. Analysts expect the company to announce earnings of $0.61 per share for the quarter. Parties that are interested in registering for the company’s conference call can do so using this link.

NYSE:QTS opened at $60.53 on Monday. QTS Realty Trust has a one year low of $41.11 and a one year high of $60.76. The firm’s 50 day simple moving average is $55.70 and its 200 day simple moving average is $51.96.

QTS has been the subject of several recent research reports. ValuEngine upgraded shares of QTS Realty Trust from a “sell” rating to a “hold” rating in a research report on Friday, January 31st. BMO Capital Markets lifted their price target on shares of QTS Realty Trust from $50.00 to $60.00 and gave the stock an “outperform” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. raised shares of QTS Realty Trust from a “neutral” rating to an “overweight” rating and boosted their price objective for the stock from $50.00 to $65.00 in a research note on Tuesday, October 29th. Finally, Zacks Investment Research cut shares of QTS Realty Trust from a “buy” rating to a “hold” rating in a research note on Tuesday, December 3rd. Three research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. QTS Realty Trust has an average rating of “Buy” and an average price target of $55.00.

In other news, EVP William H. Schafer sold 5,000 shares of the stock in a transaction on Wednesday, November 27th. The shares were sold at an average price of $53.55, for a total transaction of $267,750.00. Following the completion of the sale, the executive vice president now directly owns 51,265 shares in the company, valued at $2,745,240.75. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Jeffrey H. Berson sold 49,522 shares of the stock in a transaction on Friday, November 22nd. The stock was sold at an average price of $50.88, for a total transaction of $2,519,679.36. Following the sale, the chief financial officer now owns 62,797 shares of the company’s stock, valued at $3,195,111.36. The disclosure for this sale can be found here. 13.40% of the stock is owned by insiders.

About QTS Realty Trust

QTS Realty Trust, Inc (NYSE: QTS) is a leading provider of data center solutions across a diverse footprint spanning more than 6 million square feet of owned mega scale data center space throughout North America. Through its software-defined technology platform, QTS is able to deliver secure, compliant infrastructure solutions, robust connectivity and premium customer service to leading hyperscale technology companies, enterprises, and government entities.

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Earnings History for QTS Realty Trust (NYSE:QTS)

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