QTS Realty Trust Inc (QTS) Shares Bought by Metropolitan Life Insurance Co. NY

Metropolitan Life Insurance Co. NY grew its position in QTS Realty Trust Inc (NYSE:QTS) by 202.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 19,044 shares of the real estate investment trust’s stock after acquiring an additional 12,740 shares during the quarter. Metropolitan Life Insurance Co. NY’s holdings in QTS Realty Trust were worth $706,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of QTS. Bremer Trust National Association acquired a new position in shares of QTS Realty Trust during the 4th quarter valued at about $27,000. Pearl River Capital LLC bought a new stake in shares of QTS Realty Trust in the 4th quarter worth approximately $44,000. Oppenheimer Asset Management Inc. bought a new stake in shares of QTS Realty Trust in the 4th quarter worth approximately $48,000. Nisa Investment Advisors LLC bought a new stake in shares of QTS Realty Trust in the 4th quarter worth approximately $117,000. Finally, Quantamental Technologies LLC bought a new stake in shares of QTS Realty Trust in the 4th quarter worth approximately $170,000. Institutional investors and hedge funds own 99.09% of the company’s stock.

Shares of QTS traded up $0.50 during mid-day trading on Wednesday, reaching $45.73. The company had a trading volume of 430,900 shares, compared to its average volume of 494,190. QTS Realty Trust Inc has a twelve month low of $33.53 and a twelve month high of $46.96. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 1.51. The stock has a market cap of $2.51 billion, a PE ratio of 17.59, a PEG ratio of 1.98 and a beta of 0.75.

The business also recently announced a quarterly dividend, which was paid on Thursday, April 4th. Stockholders of record on Wednesday, March 20th were issued a $0.44 dividend. The ex-dividend date was Tuesday, March 19th. This is a boost from QTS Realty Trust’s previous quarterly dividend of $0.41. This represents a $1.76 dividend on an annualized basis and a dividend yield of 3.85%. QTS Realty Trust’s dividend payout ratio is presently 67.69%.

QTS has been the subject of a number of research reports. Zacks Investment Research downgraded QTS Realty Trust from a “hold” rating to a “sell” rating in a research report on Tuesday, March 5th. ValuEngine upgraded QTS Realty Trust from a “hold” rating to a “buy” rating in a research report on Friday, February 22nd. Finally, Mitsubishi UFJ Financial Group reiterated an “overweight” rating on shares of QTS Realty Trust in a research report on Tuesday, February 26th. Three analysts have rated the stock with a hold rating and seven have given a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus price target of $46.67.

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

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